West Paradox Watershed Application for P.L. 566 Project (3)

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COLORADO WATER CONSERVATION BOARD 215 State Services Building 1525 Sherman Street Denver, Colorado 80203 November 23, 1964 M E M O R A N D U M TO: Mr. Otho S. Ayres, President, Paradox Valley Canal and Reservoir Company, Bedrock, Colorado. FROM: Donald H. Hamburg, Water Resource Analyst. SUBJECT: West Paradox Watershed Application for P. L. 566 Project. An application has been made to the Soil Conservation Service for help in enlarging the Buckeye Reservoir under the provi- sions of Public Law 566. In order to qualify under this law and receive the approximately 50% subsidy provided, it is necessary that the sponsors control the main canals and laterals as well as the Reservoir. Since the articles of incorporation of the Paradox Valley Canal and Reservoir Company include only that area above the outlets of Buckeye Reservoir, this company cannot enter into an agreement with the government for any work done on the canals or laterals below the reservoir. In order to overcome this technicality, three pro- posals have been made. These are as follows: 1. Formation of a water conservancy district (quasi - municipal corporation) to act as sponsor. 2. Amendment of the articles of incorporation of the Paradox Valley Canal and Reservoir Company so it could control the ditches. 3. Formation of a nonprofit corporation to qualify as co- sponsors with the Paradox Valley Canal and Reservoir Company as sponsor. A review of these items in order as listed above follows: 1. Water Conservancy District - Formation of a water con- servancy district is governed by Chapter 149, Article 6, Colorado Revised Statutes of 1953. The requirements to form a district are very detailed and it is doubtful that it would be of any value to set