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ISF Rule 6 Water Acquisitions Novemb er 1 0 , 2008 Draft <br />(Changes to September 2008 Draft shown in bold) <br /> 6. ACQUISITION OF WATER, WATER RIGHTS OR INTEREST S IN <br />WATER FOR INSTREAM FLOW PURPOSES <br />. The Board may acquire water, <br />water rights, or interests in water for ISF purposes by the following procedures: <br /> <br />6a. Means of Acquisition . The Board may acquire, b y grant, purchase, <br />donation, bequest, devise, lease, exchange, or other contractual agreement, <br />from or with any person, including any governmental entity, such water, <br />water rights, or interests in water <br />abandonment l ist in such amount s as the Board determines is are <br />appropriate for stream flows or for natural surface water levels or volumes <br />for natural lakes to preserve or improve the natural environment to a <br />reasonable degree. <br /> <br />6b. 120 - Day Rule . At the request of any pe rson, including any governmental <br />entity, the Board shall determine in a timely manner, not to exceed one <br />hundred twenty days, unless further time is granted by the requesting <br />person, what terms and conditions the Board will accept in a contract or <br />agreemen t for the acquisition. The 120 - day period begins on the day the <br />Board first considers the proposed contract or agreement at a regularly <br />scheduled or special Board meeting. <br /> <br />6c. Stacking Evaluation . The Board shall evaluate whether to combine or <br />stack the acqu ired water right with any other ISF appropriation or <br /> <br />acquisition , based upon the degree to which the acquired water will in <br />order to provide flows or lake levels to preserve or improve the natural <br />environment to a reasonable degree. <br /> <br />If the Board elects to combine or stack the acquired water right, the details <br />of how the water rights are to be combined or stacked with other existing <br />ISF appropriations or acquisitions must be set forth in the change <br />application for the acquired right. <br /> <br />6d. Enforcement of Acquisi tion Agreement . Pursuant to section 37 - 92 - <br />102(3), C.R.S., any contract or agreement executed between the Board and <br />any person that which provides water, water rights, or interests in water to <br />the Board shall be enforceable by either party thereto as a wate r matter in <br />the water court having jurisdiction over the water right according to the <br />terms of the contract or agreement. <br /> <br />6e. Appropriateness of an Acquisition . The Board shall evaluate the <br />appropriateness of any acquisition of water, water rights, or intere sts in <br />water to preserve or improve the natural environment. Such evaluation <br />may include, but need not be limited to consideration of the following <br />factors: <br /> <br />