Letter from the Board
This document provided a summary of the local management proposal offered to Eton Irrigation.
In December 2019 a strong majority of water allocation holders accepted an offer to transition the Eton distribution scheme to local management.
The offer, negotiated with government on behalf of customers by a transition board, was distributed to customers in October, 2019.
For local management to proceed, customers representing at least 70% of the water allocations by volume needed to accept the offer. The offer closed on December 2, with more than 80% support for the assets to be owned and managed by the irrigator-owned entity.
Subject to the completion of the transfer process Eton Irrigation Scheme Ltd Pty will own and manage the distribution assets from March 31, 2020.
The following documents were made available to assist eligible water allocation holders with their decision.
Eton Irrigation Offer Document
This document was sent to all water allocation holders in the Eton Irrigation Scheme and sets out the proposed terms of the transfer of the Eton Irrigation Scheme from SunWater to Eton Irrigation. Customers voted to support the proposal.
Customer Contract
This is the standard distribution water supply contract that will be deemed to apply to customers of Eton Irrigation when local management proceeds. This will replace the existing “channel and pipeline” contract between customers and SunWater.
Cooperative Rules
These are the proposed rules for the Eton Irrigation Cooperative.
Transitional Constitution
The transition constitution will apply for a period prior to the transfer, and for a short period following the transfer until the conversion to a cooperative is complete.
Accounting policies
These are the accounting policies that will be adopted by Eton Irrigation when local management proceeds.