9369 ‎(2)‎

• UCREFRP Catalog Number: 9369
• Author: Colorado Water Workshop.
• Title: 12th & 13th Annual Colorado Water Workshop.
• USFW Year: 1987.
• USFW - Doc Type: Western State College of Colorado.
• Copyright Material: NO

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WATER BANK (STORAGE) PLAN

3

IILONG- TERW has arrived. Free water or cheap water era is gone. Real istic
pricing is called for to regulate demand. Anything that is not scarce has no
value. The 110 is in the right place at the right time. Value is established,
based on economic loss, political chaos, and damage to society if a water pro-
vider does not meet his users' demand (MWD - San Diego - State Water Project -
Los Angeles - San Francisco).

1. FACT: A Water bank is a good offensive and defensive position. It
establishes leadership in water conservation and efficient use
while controlling the new water

2. F AC T : Storage creates more water and a larger ec onomi c pie with new
options:
1. Conjunctive storage 4. Dry year(s) Insurance
2. Exchange agreements 5. EWAP - Earthquake
3. Special Use permits 6. Peaking Water
3. FACT: Water bank is a practical and timely idea. Cal Hornia is currently
planning a large bank in Kern County.

4. FACT: Water bank is not a new concept. During the 1976-1977 drought,
both California State Department of Water Resources and the Federal
Bureau of Reclamation operated temporary water banks--quite suc-
cessfully.

5. FACT: A water bank makes possible a transfer of water in emergency based
on planning--Emergency Water Assurance Plan (EWAP). It encourages
transfers, it creates more efficient use and maximizes benefits.

6. FACT: Drought insurance or dry year coverage is practical and respon-
sible. An idea whose time has come. Who could say no?

7. FACT: Water banking can be the basis for one-, five-, and even 50-year
planning.

8. FACT: A Water bank creates visibly, a known position and intent and sets
out rules (ours). This prevents legal opportunism by others (MWD).