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This important to Nature Conservancy to protect natural resources of the <br />rivers; unique riparian areas and live reach of water on Arickaree <br />Arickaree is a wet river; always water in river; <br />--Water Conservation District working to come into compliance with the <br />program by leveraging dollars; <br />--Arickaree River Well Retirement Program: partnership between Nature <br />Conservancy, and (see application that was emailed to all South Platte <br />Roundtable members; will be sent again before March meeting) <br />--Added incentives to two producers <br />--All wells need a River; retirement of these wells would protect flows in the <br />river; environmental benefits and compact benefits; <br />--$1000 from roundtable to study wells that are not in use but could go back in <br />production interested in seeing what it would take to retire these <br />--Republican River System and Wells: reason to retire these wells is to <br />understand the system: <br />--NC owns the Fox Ranch on the Arickaree: CREP well and EQIP well <br />studies... <br />--CREP offers different incentives depending on if you are on either the North <br />Fork or South Fork; NC wants to make up difference in the incentives offered <br />on A River vs. south and North; <br />--Request of funding: $20,000 from South Platte Roundtable; <br />CWCB: $80,000 (4 to 1 match) <br />CREPA and EQUIP will bring $471,000 additional dollars; <br />Ratio of matching funds: 28 to 1 dollars to roundtable dollars; <br />Nature Conservancy and partner orgs have invested staff time; no <br />reimbursement sought; no money would go to pay staff. <br />Summary of benefits: <br />--voluntary, based on partnerships, designed for environmental benefits in <br />targeted maiuler especially for fish and riparian systems; support letters from <br />CSU, Division of Water Resources, and Republican River WCD; project is <br />consistent with fiill knowledge of all partners; multiple fiulding sources from <br />federal to local and some support from state. <br />Questions: <br />Joe Frai~lc: quantify? <br />William: goes to compact; buffers depletions in other parts of basin and <br />amount of water increases over time; CSU research is guiding work. <br />Ilitercepts groundwater that other wise would flow to river. <br />Mike Slummin: Reason this is complex is that the savings of drying up this <br />land has to go into the Republican model; will increase over time; these <br />credits will gradually increase through Republican River model; immediate <br />credits for compact compliance will be relatively small; but will approach <br />retired consumptive use over time. Credits then will come through model. No <br />10 <br />