Board Meeting 03/03/1983

• Board Meeting Date: 3/3/1983
• Description: Minutes, Agenda, Memorandums March 3, 1983
• Board Meetings - Doc Type: Meeting

water users . He requested that the Board submit the project to
the General Assembly for authorization and voiced his opposition
to the inclusion of Condition No. 4 as stated on Table 1 ,
attached to Agenda Item 9a (see Appendix G) , which required that
"prior to commencing construction on the Project, the District
shall obtain from the owner(s) of any lands adjacent to the
reservoir pool (at the maximum water surface elevation) the right
to receive any appreciation in the value of the lands which is
attributable to the construction and existence of the reservoir
if and when those lands or any portion thereof are sold by the
owner(s) . In turn the District shall contract with the Board to
convey to the Board any monies which it might receive as a result
of this requirement, said monies to be in addition to the
payments required by condition No. 1, Table 1" (see Appendix G) .
Considerable discussion ensued among members of the Board
concerning the project, particularly with reference to lack of
immediate demand for water from the project, the fact that some
of the area surrounding the proposed reservoir was subdivided for
mountain home sites, the District ' s ability to repay the Board 's
cost, the relationships between the District and Colorado Ute,
and the latter's involvement in the project.
The discussion on the Stagecoach Project was concluded and
action thereon was deferred pending Board consideration of Agenda
Item 9. Thereupon Chairman Fetcher returned to chair the meeting
and called for discussion of added Agenda Item 6a, Federal
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