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<br />DRAFT
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<br />ongoing SECWCD for several months, Aurora is an out-of-basin entity and hasn't
<br />contributed the same kind of money for Fry-Ark and Pueblo Reservoir as local entities
<br />have. Consequently, they have agreed to put 7.9 million toward this, including
<br />furtherance of the Arkansas Valley conduit study, 2.5 million in annual payments, and
<br />$50,000 a year for 25 years to SECWCD for district overhead and a number of other
<br />responsibilities required for stabilizing Pueblo R\Jservoir.
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<br />Agreement with Otero County. Maintenance of Rocky Ford Ditch as a drainageway
<br />has been agreed to, Also, agreed to provide land;developmentplanning, 4100 acres sits
<br />as a resource, agreed to look at what's the next best use of this land, Also, agreed to
<br />make "payments in-lieu of taxes or "PILT" payments that exceeds what we did for the
<br />first Agreement. PILT would run for 90 years, payment is the difference of what the land
<br />would have been taxed as irrigated land vs, dryl~d, Otero County wants to expand
<br />Pueblo Reservoir too, they are required to pay 2 juillion in study costs, we would fund
<br />50% of Otero's study cost, and pay the first $100,000, Also, we have been working on
<br />economic development funding, and Aurora will continue in these efforts, A further
<br />process with local entities, and economic development folks down there is required, and
<br />that's where the real work lies ahead, there are things that need to be done from an
<br />economic standpoint, Otero county in the 1980's had 70% of the 20-year-olds migrating
<br />out of the county, What lies around the bend? What mitigation methods will be
<br />appropriate in the future? It is good when parties can sit down together and decide
<br />what's appropriate for the specific area, Flexibility must be maintained, Crowley is
<br />different Otero and both are different from Weld: County. Things we think are
<br />appropriate in Ag transfers, re-vegetation where 'appropriate, PILT payments, and
<br />cooperative economic development where needed, Cooperative development programs
<br />need to be in-place before transfers begin.
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<br />Greg Hoskin - I need some numbers. What did you pay per acre-foot of consumptive
<br />use including the land part you had to acquire? !
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<br />First transfer, there was some land involved, Price for consumptive use was negotiated
<br />$3,400 AF, add mitigation. Payments made after water was actually transferred,
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<br />Greg Hoskin - Assuming the transfer has been completed, and you get extra storage in
<br />Pueblo, what is price for consumptive use?
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<br />Still about $3,400, That is the actual payment tlj.ey'll receive, if they do re-vegetation,
<br />that's the number! Ifwe do it, it's $260 more, !
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<br />Restoration costs? $260 per acre, to enlarge Pueblo Reservoir to hold water?
<br />Approximately $2000 AF, Additional water quality monitoring, development funding,
<br />etc,? That's the $4300 AF total. We don't pay ~or the storage cost.
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<br />Greg Hoskin - What did you get in the 3 transf~rs; 2 from Rocky Ford and the I from the
<br />Colorado Canal? 8,200 af out of the Colorado Canal, similar amount from the I st transfer
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