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WSP08923
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Last modified
7/29/2009 9:51:50 PM
Creation date
10/12/2006 3:21:29 AM
Metadata
Fields
Template:
Water Supply Protection
File Number
7630.225
Description
Wild and Scenic-Elk River
State
CO
Date
4/1/1979
Author
Leonard Rice WatEng
Title
Elk W and S Study-Hinman Park Res-Public Service Company of Colorado-Appraisal of Hinman Park Reservoir and Saddle Mountain Pump Stations Water Rights
Water Supply Pro - Doc Type
Report/Study
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<br />iF <br />.....~ <br /> <br />- <br /> <br />T <br />, <br /> <br />-. <br /> <br />r.._- <br /> <br />>-- <br /> <br />~ <br />I <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />~' <br /> <br />-32- <br /> <br />In the Frisco area near Dillon an offer was recently made <br />at $500 per acre-foot of consumpeive use. The offer was not <br />accepted and a sale later was made to an east slope city for <br />$1,000 per acre-foot delivered at the new point of diversion. <br />In 1970, a year-round municipal right on the Cucharas River <br />near Walsenburg sold for $415 per acre-foot of headgate yield -I <br />and in 1977, a portion of the same right was appraised at <br />$660 per acre-foot of ye~!=:~round !teat!9:ate yield.. In the_ . <br />--Denver Metropolitan -area-water for rnun-icipal - use has - a. cur-=- --- -- <br />. rent market value_r.anging.from $800 to -$cL,5_0_0--p_er-a,crJ"_~€,Q.o.t.._ <br /> <br />The value of a water right can be depressed if an alterna- <br />tive source is available at a lower price. This occurs in <br />areas where federal projects are developed to provide water <br />at subsidized rates. Examples include Ruedi and Green Moun- <br />tain Reservoirs which reportedly are making water available <br />for $15.00 to $25.00 per acre-foot per year. If capitalized <br />over 100 years at 7% this is equivalent to a purchase price <br />of $214 to $357 per acre-foot before conveyance losses. There <br />are no federal projects in operation on the Yampa River at <br />the present time although several are in various stages of <br />planning as previously discussed. <br /> <br />Potential Markets <br /> <br />The primary use of water in the Yampa River Basin has his tor- <br />.ically been for agricultural irrigation. Senior irrigation <br />rights have appropriation dates in the 1880's and new rights <br />are still being appropriated. Many Qf the large conditional <br />water rights on the Yampa have occurred since the early 1960's, <br />coinciding with the awareness of the need for water for power <br />generation and energy development, and the USBR projects. <br />Although not over appropriated to the extent of other rivers <br />of the State, such as the South Platte and the Arkansas, the <br />Yampa River is experiencing a rapid increase in the demand <br /> <br />-I <br /> <br />~ <br /> <br />146~ <br /> <br />Leonard Rice Consulbng Waler Engineers, Inc, <br />
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