Neighbour needs a water reservoir, no where to put it.

[Boomerang]

A neighbour wants to build a million litre reservoir ,but hasn't the room to put it.
For various reasons selling him the area required isn't possible. But I do have an area which is suitable.
How would it be best to go about coming to a mutually acceptable arrangement, to build one for him to use. I get on well with him , just trying to work out best approach . Build it and recover costs through rent.? Rent via water volume used.
Fixed rent which is higher in first few years, to recover costs quicker.
Would need a guaranteed water volume tho .
I have no need for water myelf

 

[teslacoils]

They build it.
They pay rent for the ground it's on.
They write it off over X years.
Then after X years it's yours and you both have a friendly chat.

Obviously with clause to reinstate etc.

 

[vantage]

1m litres is not very large ,Olympic sized swimming pool would be bigger.

 

[Fossil]

Do they want it for an agriculturally or non agricultural use?

 

[teslacoils]

Perhaps they mean a million cubic meters....

 

[Boomerang]

Do they want it for an agriculturally or non agricultural use?

Agricultural,

 

[Boomerang]

Million litres is correct , max 2 million litres if decide to future proof.

 

[Still Farming]

What would the utilities charge to supply a facility and metered water supply thereafter?

 

[Longlowdog]

That's only 25x40x1 meter for 1 million l. I'd say they do planning authorities, build, abstraction licence ??? and peppercorn rent reverting to you in event of cessation of interest. If they pack it in you can have a goldfish pond.

 

[renewablejohn]

1m litres is not very large ,Olympic sized swimming pool would be bigger.

Thats very small in IBC terms only 25 x10 x 4.

 

[Exfarmer]

A million litres is only 20 x 20 x 2.5 meters does it need a liner?
You will need a EA licence if they are using it for anything .
Let them pay construction cost, if they give up the need for it after a couple of years you will inherit a Large puddle, not much else

 

[renewablejohn]

A million litres is only 20 x 20 x 2.5 meters does it need a liner?
You will need a EA licence if they are using it for anything .
Let them pay construction cost, if they give up the need for it after a couple of years you will inherit a Large puddle, not much else

Maybe not if you can keep extraction below 20 cube a day unless they have changed the rules.

 

[Still Farming]

Or set up a hydro electric set up in outfall??

 

[renewablejohn]

Or set up a hydro electric set up in outfall??

On a low head system you normally need a flow of at least a cubic metre per second so a million ltrs will not keep the turbine running very long. Now if you had a stream flowing at a cubic mtr per second that would have potential.