LEG00158

• Bill Number: SB01-161
• Year: 2001
• Title: Concerning Methods for Increasing the Supply of Available Water, and, in connection therewith, Directing the Colorado Water Conservation Board to Study Water Supply Demands and Alternatives for Meetin
• Legislation - Doc Type: Other CWCB Related Bills - Killed

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THE BANK,

(3) THE PROPOSED CHARTER SHALL SPECIFY CR1TER1APURSUANTTO

WHICH THE WATER BANK SHALL:

(a) ACCEPT A DEPOSIT OF A QUANTITY OF WATER IN THE BANK,

INCLUDING NECESSARY PROOF OF:

(I) OWNERSHIP OR A CONTRACT THAT INCLUDES THE RIGHT TO USE

AND CONTROL THE DISPOSITION OF WATER; AND
(II) THE PARAMETERS OF THE WATER SUBJECT TO THE PROPOSED

DEPOSIT, WHETHER BY DECREE OR BY CONTRACT;

(b) CREDIT A WITHDRAWAL OF A QUANTITY OF WATER FROM THE

BANK, INCLUDING THE QUANTITY, TERM, LOCATION, AND TYPE OF THE

PROPOSED USE OF THE WITHDRAWN WATER,

37-80.5-105. Powers. (1) WATER BANKS SHALL HAVE ALL
POWERS SPECIFIED IN SECTIONS 37-45, 1-103 AND29-1-204,2,C,RS" AND

IN THIS ARTICLE, INCLUDING THE FOLLOWING:

(a) To AUTHORIZE, FACILITATE, AND PERMIT THE SALE, LEASE,
EXCHANGE, AND LOAN Of WATER WITHIN COLORADO;

(b)

To CHARGE APPLICANTS A TRANSACTION FEE FOR

19 TRANSACTIONS WITH A WATER BANK;
20 ( C) To IMPOSE CONCURRENCY MANAGEMENT PLANS ON APPLICANTS
21 FOR TRANSACTIONS WITH A WATER BANK AS A PRECONDITION OF THE

23

22 TRANSACTION; AND

(d) To REFER TO THE STATE ENGINEER, FOR APPROPRIATE

24 ADMINISTRATIVE ACTION PURSUANT TO THE PROVISIONS OF THIS TITLE, ANY

25 ENTITY WHOM THE WATER BANK HAS REASON TO BELIEVE HAS FAILED TO

26 SUBSTANTIALLY COMPLY WITH THE TERMS OF ANY CONCURRENCY

27 MANAGEMENT PLAN WITH WHICH THE ENTITY HAS AGREED TO COMPLY AS

.19.

SBOI-161