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Payment Demanded for Leverett Groundwater Rights Lease

On November 6, the City of Llano received a ‘Demand and Default Notice’ demanding payment for the Minimum Annual Rent for the Groundwater Rights Lease between the City and Will Leverett, also known as the ‘Riley Mountain Well Lease’. Leverett is asking that the City issue the annual payment of $12,500, which was due on October 1 of this year. At the June 15, 2015 meeting of the City Council, Council discussed terminating the lease, since the well project had been abandoned in April.

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