Buckeye looks to buy groundwater rights to support growth of city - Phoenix Business Journal

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The purchase of water rights comes shortly after the state released a groundwater analysis that showed parts of the far West Valley do not have enough groundwater for future development. phoenix

The city of Buckeye approved purchasing $80 million worth of groundwater rights to support the growth of its water portfolio.for the purchase and sale of a one-acre property owned by Harquahala Valley Landowners LLC in the far West Valley for its water rights.

“The approval of this purchase agreement was more than a year in the making,” said Buckeye Mayor Eric Orsborn in a statement. “This is a major step toward ensuring our current and future residents enjoy a great quality of life. The Council and I appreciate every effort water resources staff has accomplished so far, knowing there are other opportunities on the horizon.”

"This purchase agreement took several months to complete, and Buckeye continues to actively work on securing other solutions to enhance its portfolio," the city's statement said. In 2021, the city also approved acquiring 2,786 acre-feet annually of Non-Indian Agricultural Colorado River water. Delivery of this water started in 2022.

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