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ISF Rule 6 -Water Acquisitions May 20, 2008 Rules Revision Workshop <br />The Board shall file a change of water ri h.~ t application or other <br />application with the water court to obtain a decreed right to use water for <br />._ <br />ISF purposes under a contract or agreement for a lease or loan of water, <br />water rights or interests in water under section 37-92-102(3). The <br />._ ~ , <br />resulting water court decree shall <br />1) shall quantify the historical consumptive use of the leased or loaned <br />water ri ht.~ ;and <br />2) determine the method by which the historical consumptive use should <br />be quantified and credited during the term of the agreement for the <br />lease or loan of the water right. Said method shall recognize the actual <br />amount of consumptive use available under the leased or loaned water <br />right and shall not result in a reduction of the historical consumptive <br />use of that water ri ht during the term of the lease or loan, except to <br />the extent such reduction is based upon the actual amount of water <br />available under said rights. <br />6f. Limitation on Acquisitions. The Board may not accept a donation of <br />water rights that would require the removal of existing infrastructure <br />without approval of the current owner of such infrastructure, or a donation <br />of water rights that were acquired by condemnation. <br />6g. Temporary Loans of Water to the Board. The Board may accept loans of <br />water for instream flow use for a period not to exceed 120 days in any one <br />year, in accordance with the procedures and subject to the limitations set <br />forth in section 37-83-105, C.R.S. <br />(1) Within 5 working days after receiving an offer of a loan of water to <br />the Board for temporary instream flow use, the Director will provide a <br />response to the proponent and, unless the proposed loan has no potential <br />value for instream flow use, staff will coordinate with the proponent on <br />preparing and submitting the necessary documentation to the State and <br />Division Engineers required by sections 37-83-105(2)(a)(I) and (2)(b)(I), <br />C.R.S., and providing the public notice required by section 37-83- <br />105(2)(b)(II), C.R.S. <br />(2) Provided that the State Engineer has made a determination of no <br />injury pursuant to section 37-83-105(2)(a)(III), C.R.S., the Board hereby <br />delegates authority to the CWCB Director to accept loans of water for <br />instream flow use in accordance with the procedures and subject to the <br />limitations set forth in section 37-83-105 and to take any administrative <br />action necessary to put the loaned water to instream flow use. In <br />subsequent years, and provided that the State Engineer's determination of <br />non-injury is still in effect, the Director shall notify the proponent and the <br />State Engineer whether the loan is to be exercised. Such notification shall <br />be provided within 5 working days of the Director being notified by the <br />proponent that the water is available for use under the loan. The CWCB's <br />Attachment 3 <br />