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heard. And I'll just highlight them very quickly so as to not take up <br /> very much of your time. <br /> We believe the process of the Water Courts works very well. The <br /> concerns that a couple of senators have already expressed are exactly <br /> the ones that we find objectionable to this new overlay process that <br /> they have proposed. In particular in Breckenridge, our kayak course is <br /> under construction. And we have filed for the appropriate water <br /> rights. And we are not grandfathered. So we are anticipating an <br /> unknown risk factor in cost to completing our process from what we <br /> thought were the rules of the game when we started. That's very <br /> disconcerting. <br /> We also feel that this new process could very well threaten an existing <br /> vested property interest that we have within [unintelligible] within the <br /> Blue River where we're proposing the kayak park. Breckenridge is <br /> quite proud of the past history that we had with the stewardship of the <br /> Blue River in which we've actually restored the Blue River to a river <br /> as opposed to a dredge lock area. And so we take our stewardship and <br /> the protection of the environment seriously. <br /> And we also try to overlay our economy with a year -round economy, <br /> using recreational menus, such as the whitewater park and have <br /> invested millions of dollars doing those types of recreational amenities <br /> to strengthen not only our local economy, but also the state economy. <br /> We believe this bill would shift the balance of impartiality that the <br /> Water Court brings and we do not have faith that the CWCB will be <br /> impartial in evaluating these types of uses, given their past history and <br /> some of the ways that we have gone about adjudicating other water <br /> rights. And I'll let the rest of the comments that other people have <br /> made already speak for the rest. <br /> Mme. Chair: Thank you, Mr. Gagin. Are there questions? Senator Matsunaka. <br /> Sen. Matsunaka: You filed for your water right now? <br /> T. Gagin: We filed in December, but it was after December 1St <br /> Sen. Matsunaka: And did you have to — how many cubic feet per second did you ask <br /> for? <br /> T. Gagin: I think we're right at 500 cfs. <br /> Sen. Matsunaka: And with respect to the river flows, is that all of it, or half of it or <br /> three- quarters of it? <br /> April 12, 2001 <br /> Page 22 <br />