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<br />~ <br /> <br />I <br /> <br />statutes in 1905144 and 1921~45 were given power to issue bonds, <br />tax landowners with irrigable land, exercise the power of eminent <br />domain, and contract with the federal government. However, since <br />their tax base was limited, there was a limit to the type of pro- <br />jects which the districts could take on.146 There were also problems <br />of fairness, since "the entire burden was carried by the land irri- <br />gated, while reclamation plainly benefitted the entire community.,,147 <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />(3) Conservancy Districts. <br /> <br />This problem led to the Water Conservancy Act of 1937.148 Conser- <br />vancy districts were given the power to tax all property in the <br />district, which allowed them to finance the larger and more complex <br />projects which were needed to supply the state's growing demands.149 <br />One of the declared purposes of the act was to enable Colorado <br />farmers to cooperate with the federal government in financing and <br />constructing large reclamation projects.150 Water conservancy <br />districts were seen as the best way to buy federal water and deliver <br />it to local users. <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />The district courts of the state were given special and exclusive <br />jurisdiction by the act to entertain and approve petitions for the cre- <br />ation of conservancy districts.lsl The petition had to be signed by <br />at least 1,500 owners of irrigated land located within the proposed <br />district, and property within the district itself was required to have <br />a total assessed valuation of at least $20 million.152 The petitioners <br />were required to post a bond for costs in the event the petition was <br />denied or declared invalid.153 <br /> <br />I <br /> <br />I <br /> <br />~ <br /> <br />I <br /> <br />After published notice, opponents of the proposed district could <br />oppose its creation by signing a protesting petition. At least 1,000 <br />signatures of protesting landowners were required, or 15 percent of <br />the total owners of irrigated lands in the proposed district, which- <br />ever was lower. The valuation, with improvements Qf the protestors' <br />lands, was required to total at least $2 million.154 . <br /> <br />I <br /> <br />I <br /> <br />Very simply, the creation or failure of a proposed district <br />depended upon the validity of the signatures and valuation of lands <br />of those in favor of or opposed to the district. If a protesting <br />petition had the requisite signatures and property valuation, the <br />petition to create was denied, irrespective of the fact that the <br />petition to create had the necessary signatures and valuation.155 <br /> <br />I <br /> <br />I <br /> <br />Once the petition to'create a district was granted, the district <br />court appointed the first board of girectors. Vacancies on the board <br />were filled by court appointment.ls The board, as the primary execu- <br />tive body of the district, was given the following general powers:157 <br /> <br />I <br /> <br />I <br /> <br />11-22 <br /> <br />I <br />I <br />