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As the Board of Directors moved through the process of finding a new general manager, the job of keeping the <br />District on track fell on the president of the Board, Alan Hamel, and the District staff. Additionally, the Board <br />members stepped up their participation and helped wherever they could. The team concept worked very well and <br />a very capable new general manager was hired in November. Jim Broderick took over the reins of overseeing the <br />District in January of 2003. <br />The District says thank you to Steve for all of his hard work and leadership, and we wish him the best as he moves <br />forward in his new position. <br />Project Water Allocations <br />Due to the effect of the drought, the Fry -Ark Project did not yield as much water as it has in the past. The District <br />and Reclamation watched snow pack conditions throughout the winter and spring of 2002 -2003, but all of that <br />interest didn't change Mother Nature's plans. The snow pack resulted in approximately 8,660 acre -feet of Project <br />water imports, which were about 30,000 acre -feet less than originally estimated. The District added about 2,200 <br />acre -feet of Enterprise -owned Project water to provide only 10,864 acre -feet for the 2002 -2003 Project water <br />allocation. The first year that the municipal entities requested their full fifty -one percent (51 %) of the Project water <br />allocation was in 2002. The 2002 allocation of 10,864 acre -feet was drastically less than the 76,700 acre -feet of <br />Project water allocated in 2001, and paled in comparison to the 156,000 acre -feet allocated in 2000. <br />Winter Water Storage Program <br />The 2002 -2003 Winter Water Storage Program could not be classified as a success when compared to previous <br />years. The total program stored 74,775 acre -feet, with 31,871 acre -feet being stored in Pueblo Reservoir. Storage <br />capacity in Pueblo Reservoir was not an issue for this year's Winter Water Storage Program. The main issues <br />were not only the lack of stream flow due to a low snowfall from three consecutive seasons, but the mild winter <br />encouraged non - participating ditches senior to the Winter Water Storage Program to irrigate. The 2002 -2003 <br />Winter water yield was approximately 60,000 acre -feet less than the prior program and about 80,000 acre -feet less <br />than the average storage for the previous five years. As the drought continues, every drop of Winter water will be <br />needed for 2003. <br />Water Bank Pilot Program Ready to Roll <br />In 2001, House Bill 1354 was signed into law creating the Arkansas River Water Bank Pilot Program. During 2002, <br />the Water Bank started to take form as the State Engineer worked through the rule making process. <br />The State Engineer's office held a series of meetings throughout the region to gain input and listen to concerns <br />regarding the Water Bank. Draft rules were then published and public comment was requested. After much <br />discussion, the rules were then finalized and published in July 2002. <br />In August a Water Bank development team was formed consisting of members from the Division 2 Engineer's <br />office and District staff. Over the next four months they developed the system and web site that will guide <br />operation of the Water Bank. The web site was presented to the Board at the November Board meeting and <br />approval was given to have the District staff operate the Water Bank for one year. The Water Bank officially <br />opened January 21, 2003. The Web site for the Water Bank is www.coloradowaterbank.org <br />