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Finance Committee Meeting 2006
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Finance Committee Meeting 2006
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Last modified
2/6/2015 3:48:30 PM
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8/18/2014 4:26:45 PM
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Board Meetings
Board Meeting Date
9/19/2006
Description
Finance Sub-Committee Meeting September 19, 2006
Board Meetings - Doc Type
Meeting
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Water Supply Finance and Construction Program — Project Data <br /> Grantee: Colorado Water Conservation Board County: Statewide <br /> • <br /> Project Name: Recreational and Environmental Instream Flows Study <br /> Project Type: Study <br /> Drainage Basin: All River Basins in Colorado Water Source: N/A <br /> Total Project Cost: $150,000 Funding Source: CWCB Const. Fund <br /> Type of Grantee: State Government Median Household income: N/A <br /> CWCB Non-Reimbursable Inv.: $150,000 Interest Rate: N/A Term: N/A <br /> SUMMARY <br /> Colorado has been at the forefront of instream flow water rights since 1973,when the General <br /> Assembly recognized that the CWCB should be able to appropriate instream flow water rights for a <br /> beneficial use within Colorado. Then, in the past decade, Recreational In-Channel Diversion <br /> ("RICD")water rights have been recognized and appropriated by a number of different local <br /> governmental entities. There have been disagreements over quantifying RICDs and over the extent to <br /> which these types of water rights provide economic benefits to the surrounding communities. Through <br /> the Statewide Water Supply Initiative ("SWSI") and the 1177 basin roundtables, it is becoming <br /> apparent that recreation and environmental instream uses hold value to individual communities and the <br /> state as a whole. Yet, there are vastly different economic values put on these types of instream uses of <br /> water, and there are vastly different methods and results associated with the methods for determining <br /> the appropriate flows for these types of uses. The proposed study would have the following <br /> • <br /> objectives: 1)to analyze how instream flow water rights (ISFs and RICDs)have affected, and will <br /> affect in the future,water management in Colorado; 2) to provide an objective analysis of the different <br /> quantification methods; and, 3) to determine the true economic benefits associated with these types of <br /> water rights. Project Impact Area–Statewide (whitewater courses across the State <br /> are marked below, instream flows are also across the State) <br /> — i- — \ <br /> ---- .. ORT COLLINS ,....a, <br /> *r <br /> STEAMBOAT 5'RINGS ONS — i <br /> ''r *- LONGMONT <br /> SOUL _R°°ir° y,.,— ...,. <br /> — _•• SPRI -c � � * Are .�. 5 <br /> Woo ■ •Nr <br /> PALISADE BA ENRID :. H..a. <br /> K ASP <br /> SALID <br /> '°'"°a UN — ,.a PUEBLO ®" <br /> ---: 1 <br /> IT <br /> s MP <br /> ,,..,_ - .,...-i _ <br /> -- OUR u„ :.. <br /> "W- NW ___ • <br />
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