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IBCC Colorado River Basin <br />Minutes of Meeting on November 26, 2007 <br />Discussion of Water Availability Study <br />1. Next Meeting: Monday, December 17, Glenwood Springs Community Recreation Center, <br />1:00 to 4:00. <br />a. Vote to approve or deny SB 179 /Water for the 21St Century Grant Proposals. <br />b. Discuss the Preferred Storage Option Plan (PSOP), and proposed bills to increase the <br />storage capacity and diversions to the Arkansas River basin. The PSOP is a proposal to <br />provide additional Arkansas Basin Storage within Fryingpan-Arkansas Project System to <br />provide for additional uses on the Front Range. Jim Broderick of Southeastern Colorado <br />Water Conservancy District, Phil Overeynder of Aspen, Rachel Richards of Aspen, and Chris <br />Treese of the Colorado River District will make presentations. <br />c. Discuss CWCB proposed Policy 18, which would pernut the CWCB to set aside 20% of its <br />Severance Tax revenues to invest in water projects in return for water rights that the CWCB <br />could sell or lease. The CWCB presently only holds water rights for Instream Flow. <br />2. Approve October 2007 meeting minutes. The October 2007 minutes were approved <br />unanimously with no corrections. <br />Reporter: These minutes were prepared by Ken Ransford, Esq., CPA, 970-927-1200, <br />kenransford~comcast.net. <br />4. Upcoming meetings: <br />a. The CBRT non-consumptive needs assessment (NCNA) subconunittee will meet Monday <br />December 17 at 10:00 AM at the Glenwood Springs Community Recreation Center prior to <br />the regularly scheduled monthly meeting. The meeting will be a demonstration of computer <br />database tools to monitor river flows, and water quality and quantity. Colorado state <br />University and the Nature Conservancy are subcontractors to CDM for the water availability <br />study, and they will demonstrate the computer models they are developing. <br />b. Pueblo will have a town meeting on December 11 that Jim Polcrandt, CRWCD Education <br />Liaison and IBCC Education Committee member, will attend. Rod Sharp will report on the <br />meeting at the December CBRT meeting. <br />An Agriculture Water Summit is being held December 13-14 at the Jefferson County <br />Fairgrounds. <br />d. January 24-25: Water Congress meeting. <br />e. January 22-23 -CBRT meeting. <br />5. Report from other Roundtables -None. <br />6. CWCB Report. <br />I:AInterbasin Compact Coimnittee~Basin Roundtables\Colorado~Minutes~Ivlumtes Nov 2007 CBKT.doc I I2~_ <br />