Central Utah Water
Water Share Purchase Program
Introduction / Background
Central Utah Water Conservancy District (CUWCD) is actively buying water shares in select companies on the Provo River and in Utah Lake. CUWCD has a set price based off the acre-ft quantification for each share. CUWCD is purchasing from the following companies at the following prices per full share:
Fort Field-Little Dry Creek Water Users | $23,610.00 |
Provo Bench Canal and Irrigation Co. | $50,225.00 |
Provo Reservoir Water Users - Alpine District | $30,000.00 |
Provo Reservoir Water Users – Orem District | $22,000.00 |
South Jordan Canal Company | $7,410.00 |
Utah and Salt Lake Canal Company | $6,885.00 |
Utah Lake Distributing Company | $7,665.00 |
North Union Canal Company | $26,600.00 |
Purchase Process
If you are interested in selling your water shares to CUWCD please submit an application. In order to submit an application, you will need:
- - Contact information
- - Front and back copy of the share certificates you would like to sell
- - Number of Shares you are selling
Purchase Agreement
Once we receive your application you will be e-mailed a Water Stock Purchase Agreement and a W9 form with additional instructions. The purchase contract can only be issued to the individual or entity that is currently listed on the Share Certificate as the owner of the share(s).
Execution and Closing
Once CUWCD receives a signed copy back of the Purchase Agreement CUWCD staff will work with you to schedule a closing on the shares. If you have any questions please contact Rachel Musil at rmusil@cuwcd.gov or (801)226-7158
Orem Headquarters
Rachel Musil
1426 E. 750 N. Suite 400
Orem, UT 84097