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Water Supply Reserve Account - Grant Application Form Form Revised October 2006 Application Question A3: Organization Name: Basalt Water Conservancy District (BWCD) Mailing Address: c/o Resource Engineering, Inc. 909 Colorado Avenue Glenwood Springs, CO 81601 Director and Contact Person: Art Bowles, President Phone: 970-927-9635 E-Mail: bowles563@comcast.net The Basalt Water Conservancy District (District) is both the sponsoring agency and the official applicant for this grant. The District is a quasi-governmental body organized in 1963 under Section 37-45-101, et seq. C.RS. This makes the District an eligible entity for grant funding under the terms of Senate Bill 06-179. The District is governed by an eight member Board of Directors. Directors are appointed by the sitting Board and represent 7 geographical divisions within the District's boundary. The Board of Directors holds monthly meetings that are fully noticed, open to the public, and carried out in accordance with State sunshine laws and other applicable regulations. The District receives part time administrative support along with technical assistance from Resource Engineering, Inc., legal counsel from Balcomb and Green, PC and accounting and financial oversight from Barnes, Pearson, and Associates, LLC. The District is funded by a mill levy assessed on property owners within the District's boundary and fees assessed on water allotment contracts. Its annual operating budget is approximately $300,000. The Basalt Water Conservancy District (District) was created for the purposes of conserving, developing, and stabilizing water supplies for the benefit of users within the Roaring Fork Valley. Today, the District operates a comprehensive water supply plan that provides 422 domestic, agricultural, and commercial contractees with dependable legal water supplies. Figure 1 provides a map of the District's water service area boundary. The District's water rights are used to benefit its contractees, by allowing them to continue to divert water at their well, spring, or surface diversion in times of shortage when their use would otherwise be curtailed. The District owns substantial domestic, municipal, and agricultural direct flow water rights, and maintains several reservoir storage contracts with the US Bureau of Reclamation for the release of water from Ruedi and Green Mountain Reservoirs. The District sponsors several water related activities in addition to the water supply program. This includes providing funding and support for local water education, water-related agricultural improvements, and water supply studies. 11