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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ENTERPRISE PURSUANT TO SECTION 37 A5, I-I 03 OR A PRIVATE ENTITY AND

2 THAT SUBMITS A WATER BANK CHARTER APPLICATION TO THE BOARD

PURSUANT TO THIS SECTION,

(b) "WATER BANK" HAS THE MEANING SET FORTH IN SECTION

37.80,5.] 03,

(c) "WATER DIVISION" MEANS ANY WATER DIVISION ESTABLISHED
PURSUANT TO SECTION 37-92-201.

(2) AN APPLICANT MAY SUBMIT A WATER BANK CHARTER
APPLICATION TO THE BOARD, THE APPLICATION SHALL CONTAIN THE

FOLLOWING:

( a) A LIST OF THE GOVERNMENTAL ENTITlES THAT CONSTITUTE THE

APPLICANT, INCLUDING THE WATER DIVISION IN WHICH EACH SUCH ENTITY

IS LOCATED IN WHOLE OR PART;

14 (b) A PROPOSED WATER BANK CHARTER THAT WILL BE SUBMITTED

15 TO THE WATER COURT PURSUANT TO SECTION 37.92-302;

16 (c) A NARRATIVE DESCRIPTION OF THE APPLlCANT's PROPOSED

17 WATER BANK OPERATIONS, INCLUDING IN PARTICULAR HOW THE APPLICANT

18 PROPOSES TO MEET THE REQUIREMENTS OF SECTION 37-92-305 (3); AND

19 (d) AN APPLICATION FEE OF NO MORE THAN _ DOLLARS AS

20 DETERMINED FROM TIME TO TIME BY THE BOARD,

21 (3) THE BOARD MAY GRANT NO MORE THAN ONE WATER BANK

22 CHARTER APPLICATION PER WATER DIVISION, IF A WATER BANK WITH AN

23 APPROVED CHARTER CEASES OPERATIONS AND SURRENDERS ITS CHARTER

24 TO THE BOARD PURSUANT TO THIS SECTION, THE BOARD MAY APPROVE

25 ANOTHER CHARTER APPLICATION FROM AN APPLICANT IN THE WATER

26 DIVISION IN WHICH SUCH BANK WAS CHARTERED,

27 (4) THE BOARD SHALL BASE ITS DETERMINATION OF WHETHER TO

.8.

SBOI-161