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<br />5\ P~d\/erse: e~cb ndrtitC1 envir,ofl menta' a n.d rec,""eati orh a I im pa cts of <br />fl~tu:re ;..vater tra:n.sfe:r projects shou~d be rninin'1ized; tJna'vo~da:ble <br />.adyerse [~11!Jacts rnust b.e r-'easonalbly lnJtigated; an cOTnmun:itl~es' <br />in"volvedS~10'LJ~d conlmit ttlernse,I'ves to ~d~nttfying .arld <br />lmplementf:ll.g r.easc,na,ble nlit~gat[on measur'es as .,ani ntegral part <br />of future ~lvater proje.ct transfers,,; <br /> <br />6. In ad d reSS"1 ng '.,vater tra n sfer f'S:SlJ~S an.d c.orli:e r'n,s I so I u tio:n 5 I'll u:st <br />b,e fo.und ti'lat respect local authorities.~ pr1\lclte prc}pe;rt"y' right~/ <br />'"va te r' 1'[9 hts i a n,d t~le co.rlstituti'o n a I a'no .statu:tory pro.v'is'i OilS <br />go.vern'ing ~^I.ater a 1I'.ocatij'.ons '! <br /> <br />'7, Ad_dJti on,a I vva t.er sto'ra g~ 'stlQU Id be recog n iz'.e,dl a;,s a pote.ntla ,I <br />rneans to me'et future \Ivate'r suprj~I'y dema:nds \tvhLle mijni.n.ljz~n,g <br />s,ocial" eCOnc)nli'c an.d environmental' djsruptio,n. A,d;d~tj.on,a] w.ater-- <br />stbra,ge sho.lJ~d be 'pur$lJed through the i'~nlprovement. and <br />ret1a't)'iHtatlort Of e.xlsti n 9 str-uc~L1 res a.sld the d.e:ve I 0 pm ent of' 11 e-vy' <br />st:r:ut:tlJ r'es . These a ct~\lities s h.D U Id be 'underta k1en W lth local <br />inplJt a!n~ in. a 'ma,l1n.er d,esi"grled to rTTa;};'imijze nlult[-party ~ <br />bc/' fr.t \: <br />:<.~ne (IS., <br /> <br />8. Ttl(~ right of viater r[gh,ts: o'\-\inersr- w~th specific re'ference to <br />:agri'cultura~l fnterestsJ tQ mark,et t,heir w.ater rig.hts n1ltst :b.e <br />protected; , <br /> <br />a, Parties sJlould fu.lly explore f(e'xib'e, market-.lb.a.~ed <br />ap:ptoa'cJl€S to water sup:ply f rllan,agem::entj' incllfding <br />in;terru:ptible water contracts, \vater bank,ing.;r in state vvater <br />leasing and grou,lld ~vate.r recha,rge, nlah,ag'enlerlt. <br /> <br />l)., Those seeking to tra'n~.s'fer agrij,cu~tural v.Jater tt~ ano,ttler lJSe <br />should .consId,er ~leasing ,or othe:r telTIpor.ary a.rran:gements <br />'for the vvat~r r'ather than r,elj'yin,g exclllslvelY'on the' <br />p u rcllas:e of yv~ter rig :hts,~ <br /> <br />Ci I~l tile e\l~IJt~~hat agric'ultural 'water is trans:ferr~'d,; t-h.e <br />tra,nsaction should.a,d,e"quatefY ad'dres's thle .need' 'for <br />maintaining the existing ta?( base, protecting the rem2!l,nTng <br />wa~te,r rj'ghts in the .alred, a.nd ma'lnta1~lirlg the prop.er <br />s.tewar'dsh[p of'the laild: hlc~'ud[ng rev~getation and, weed <br />c'on,trcoL · I <br /> <br />[Note thi,at..a nu-mber of the above pt"in'cip!es are, biased <br />u'p.on principles atiopted. bpy C.olorad,o 64 a,nd .C:'luQ 20J ~ <br /> <br />2 <br />