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Alternative Agricultural Water Transf er Methods – Grant and Loan Program <br />Project Summary Sheet <br />Applicant: <br />High Line Canal Company <br />Water Activity Name: <br /> High Line Canal Wa ter Leasing Project <br />Amount Requested: <br /> $325,000 <br />Matching Funds <br />: $224,395 <br />Drainage Basin: <br /> Arkansas River <br />Water Source: <br /> Arkansas River <br />Project Summary: <br />The applicant proposes to use a combination of four methods: interruptible water supply <br />agreements, long-term land fallowing, spot ma rket leases, and water banking. Depending <br />on the terms and conditions of the lease will determine the method of transfer. For all <br />leases proper engineering studies will be pe rformed to determine the type, location, and <br />the amount of the changed uses, seasonal aspect s and return flows. To ensure that no <br />injury occurs to any othe r vested water rights. <br /> For midterm leases we will use Temporary S ubstitute Supply Plans (interruptible water <br />supply plans), engineering study to determin e the type, location, and the amount of the <br />changed uses, seasonal aspects and return flow s. For some leases the consumptive use <br />water may be exchanged into storage and directly into the end users account, with the <br />surface return flows measured out of the augmentation statio ns and the delayed return <br />flows left in the canal as carry water for th e remaining shareholders and to seep out the <br />bottom of the canals. <br />For long term land fallowing the same type of engineering studies will occur with the <br />Consumptive Use water is placed in a pipeli ne and pumped to the end users, with and <br />augmentation plan in place to replace depleti on’s to steam conditions. For spot markets <br />which may be in drought times, the water held by the canals in storage may be reduced to <br />cu and that then be placed through a lease to the end user. For water banking a group of <br />shareholders may determine that they want to reduce their shares to CU and place it in <br />storage in advance of any leases. Therefore they would create firm yield in storage and <br />create an even high value for the water. Fo r each type of lease the proper monuments, <br />and accounting, will be provided by the brokerage company, to comply with all state <br />laws, and compacts. <br />1 <br />