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<br />) <br /> <br />Water Supply Finance and Construction Program - Project Data ~' <br /> <br />Grantee: Colorado Water Conservation Board County: Statewide . <br />Project Name: Recreational and Environmental Instream Flows Study <br />Project Type: Study <br />Drainage Basin: All River Basins in Colorado Water Source: N/A <br /> <br />Total Project Cost: $150,000 <br />Type of Grantee: State Government <br />CWCB Non-Reimbursable Inv.: $150,000 <br /> <br />Funding Source: CWCB Const. Fund <br />Median Household income: N/ A <br />Interest Rate: N/ A Term: N/ A <br /> <br />SUMMARY <br />Colorado has been at the forefront of instream flow water rights since 1973, when the General <br />Assembly recognized that the CWCB should be able to appropriate instream flow water rights for a <br />beneficial use within Colorado. Then, in the past decade, Recreational In-Channel Diversion <br />("RICD") water rights have been recognized and appropriated by a number of different local <br />governmental entities. There have been disagreements over quantifying RICDs and over the extent to <br />which these types of water rights provide economic benefits to the surrounding communities. Through <br />the Statewide Wate:r Supply Initiative ("SWSI") and the 1177 basin roundtables, it is becoming <br />apparent that recreation and environmental instream uses hold value to individual communities and the <br />state as a whole. Yet, there are vastly different economic values put on these types of in stream uses of <br />water, and there are vastly different methods and results associated with the methods for determining <br />the appropriate flows for these types of uses. The proposed study would have the following . <br />objectives: 1) to analyze how instream flow water rights (ISFs and RICDs) have affected, and will <br />affect in the future, water management in Colorado; 2) to provide an objective analysis ofthe different <br />quantification methods; and, 3) to determine the true economic benefits associated with these types of <br />water rights. Project Impact Area - Statewide (whitewater courses across the State <br />are marked below, instream flows are also across the State) <br /> <br /> <br />WEBLO <br /> <br />. <br />