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<br />.. <br /> <br />WATER BANK (STORAGE) PLAN <br /> <br />5 <br /> <br />18. FACT: Imperial Valley Water Bank could set up a political alliance and <br />relationship with San Diego that would protect San Diego and <br />Imperial Valley while providing a new future. <br /> <br />19. FACT: The Water Bank would set Imperial Valley up as a permanent area and <br />reduce obvious long-term threats. <br /> <br />20. FACT: A spec i a 1 "EWAP" permit could be issued to a major water user that <br /> could not afford to be cut off. This major user would then work <br /> out the politics with MWD and the state. <br />21. FACT: Water bank can utilize both underground and surface storage. Good <br /> plumbing. <br /> <br />22. FACT: Water bank challenges old institutions and helps define thinking <br />which provides modern efficient solutions. A PATH TO THE FUTURE. <br /> <br />23. FACT: Most water rights were established under frontier conditions. <br />Times are changing--so must we. <br /> <br />24. FACT: The most vital element in water planning is probably the least <br />planned for DROUGHT. If you have a solution, you win. lID is the <br />solution. We are in a drought. <br /> <br />25. FACT: Water officials who are not flexible and have not hedged or planned <br />for drought (both those who have water and those who need more) <br />may be facing political suicide. <br /> <br />26. FACT: Water bank provides vital information. Well informed parties can <br />cut deals. This first contract will be the basis for our future. <br /> <br />27. FACT: Water bank is based on standard market principles, these forces <br />create price and value in a way no government agency can. <br /> <br />(8. FACT: Water bank may creat.e opopllrt.unities for new tax credit.s or dcrluc- <br />Lioll'. to enCOUY'ill)(' SLOY'dljl' clnd UlII',f'r'VdLioll. <br /> <br />29. FACT: He who sets up a water bank, conserves water and stores it wi 11 <br />control and write the rules. <br />