Feb 12 08 South Platte Basin Roundtable Meetin

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some legislatures looking at moving this in-stream flow program to help pay off debt faster; allocation of $2nullion approved for Chatfield Reallocation Agency Fund where CWCB will be the contracting entity with the Army Corps of Engineersallotment contracts for space in Chatfield-moving forward with this; has been going on for 20 years; there will be a provision in projects bill to allocate $1 million /year for water rights for in-stream flowsRefresh Mode--$ lmillion in legislature to be refreshed by legislature: i.e.: every year those funds will be refreshed up to $lmillion each year (as opposed to allocation of one million): 1) in- stream flows for threatened species 2) water availability problem; 3) inadequate water to meet quantified need for species and 4) federal uncertainty: i.e. wild and scenic river: this was consensus of board. Also provision for in stream flow purposes: this statute would allow long- term lease of water with certain provisions re: speculation-can't let someone park their water rights and then sell it later; thus CWCB would make finding; requires gauge downstream so water can be quantified; also, because of donated water in stream: cannot claim this water: thus frozen consumptive use water in stream... caiuiot count a second water right that depends on this water. Thus: this is part of in-stream flow program that administration is pushing; ability to loan on long-term basis; possible tax credits which would be equivalent of conservation easement; Board voted to Water Supply Reserve Account at $ l Omillion; town of Bennet: loan for water well; Republican River: loan for $66million for 20 years at 2% interests to meet compact compliance; pumping will begin at 11,500 acft out of aquifer at state line to give credit to compact; Board voted for in-stream flows: Como Creek, trib of Boulder Creek water reserve account; $48,000 for monitoring; made some water efficiency grants. Re: Letter to be signed by 3 Roundtables (Metro, South Platte, AK) (understanding that AK and Metro have approved content of letter) Will be brought up at end of standard reports; copy of letter distributed. Mike Slununin: makes motion to advance letter (see exhibit) Harold Evans: Second Discussion: Tom Iseman: 2"~ to last paragraph seems to be the crux of the letter: "Our roundtables would like you to join us requesting that the CWCB develop and implement a work plan to examine a range of options and, in that examination, integrate a number of the concurrent roundtable processes including the consumptive and non-consumptive workgroups and the basin needs assessments. We would propose to the extent these studies involve multi-basin solutions, the IBCC and the CWCB jointly act as the advisory committee for those studies." (South Platte Basin, Metro Basin, Arkansas Basin Roundtables) How is this different from the roundtable process as it exists? 2