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JB – when take out of production, what happens to land? <br />L ynn — have to have some sort of cover crop to prevent soil erosion - still learning about <br />the rules and regs — will learn about this <br /> <br />Mike G. — if this app is successful, what amount of money may come in SLV? <br /> <br />Ray — over 15 years, could bring in $60 - $90 m illion of federal $ -- requires fallowed land <br />to go into native veg etation — and establish ment of nat i ve veg etation may require some <br />initial irrigation – land is also viewed for potential wildlife benefits <br /> <br />Charlie — does payment to farmer then make up for loss of income <br />Lynn — yes, in lieu of farming that land <br /> <br />Studies on social economic impacts <br />Doug — on R epublic a n CSU did a study – at first tried to spread out impacts -- here, will <br />be up to Board of Managers to determine — will surel y have an effect on towns and <br />counties <br /> <br />Ly nn — many q uestions remain — Subdistric #1 is the first one — have l ots to learn <br /> <br />Bob — uncertainty also from federal level — don’t know what next Farm Bill will provide - <br /> <br />Ray — one reason that hopefully committee can forward this on to try and get Colorado ’s <br />share of federal funds while possible <br /> <br />Craig - mentioned that Tim Davis’s experience is important here <br /> <br />Lynn - getting a lot of help from Ken Knox, Mike Sullivan, Craig, all have been very <br />helpful in this process <br /> <br />JB — is this one time? where will on - going 20% come f rom? <br /> <br />Lynn — fro m landowners, there will be a fee for water use <br /> <br />Ray - may need to co me forward on behalf of other Subdistrict s in the future and <br />additional applications may be necessary — USDA will not accept an app lication unless <br />the source of 20% is assured — that’s why only for S ubdistrict #1 at this time <br /> <br />Lynn - are putting plan together now — needs to be approved by court and soonest <br />money could be available is in 2008 <br /> <br />Charlie — what is goal re center pivots? To retire wells that a re pumping out of priority <br /> <br />Ray — goal is to reduce over all consumptive use of water to bring system into balance <br />and not trying to decide which wells may or may not be in priority <br /> <br /> Page 3 of 8 RGB RT Minutes <br /> <br /> March 13, 2007 <br />