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<br />, <br /> <br />. <br /> <br />I <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br /> <br />. <br /> <br />. <br /> <br />SECTION 4. 37-92-305 (4.5). Colorado Revised Statutes. is <br /> <br />amended. and the said 37-92-305 is further amended BY THE <br /> <br />ADDITION OF A NEW SUBSECTION. to read: <br /> <br /> <br />37-92-305. Standards with resoect to rnIinl!s of the referee and <br /> <br /> <br />decisions of the water iudl!e. (4.5) (a) THE terms and conditions <br /> <br /> <br />avo Ii cable to changes of use of water rights from agricultural irrigation <br /> <br />ourooses to other beneficial useS SHALL include reasonable provisions <br /> <br />designed to accomplish the revegetation AND NOXIOUS WEED <br /> <br />MANAGEMENT of lands from which irrigation water is removed. The <br /> <br /> <br />avplicant may. at any time. request a fmal determination under the court's <br /> <br />retained jurisdiction that no further application of water will be necessary <br /> <br /> <br />in order to satisfy the revegetation provisions. Dry land agriculture may <br /> <br />not be subiect to revegetation oreier of the court. <br /> <br />(b) (I) IF PART I OF ARTICLE 65.1 OF TITLE 24, C.R.S.. IS NOT <br /> <br /> <br />APPLICABLE TO A SIGNIFICANT WATER DEVELOPMENT ACTIVITY. THE <br /> <br />COURT MA YUTILIZE THEMETHODS SPECIFIED IN THIS SECTION TO MITIGATE <br /> <br />CERTAIN POTENTIAL EFFECTS 01' SUCH ACTIVITY. SUBJECT TO THE <br /> <br />PROVISIONS OF THIS ARTICLE. A COURT MAY IMPOSE THE FOLLOWING <br /> <br />MItIGATION PAYMENTS UPON ANY PERSON WHO FILES AN APPLICATION FOR <br /> <br />REMOVAL OF WATER AS PART OF A SIGNIFICANT WATER DEVELOPMENT <br /> <br />ACTIVITY: <br /> <br /> <br />(A) Transition mitilmtioI1 payment. A TRANSlTIONMITIGATION <br /> <br />PAYMENT SHALL EOUAL THEAMOU1'!T OF THE REDUCTION IN PROPERTY TAX <br /> <br />REVENUES THAT IS ATTRIBUTABLE TO A SIGNIFICANT WATER <br /> <br />DEVELOPMENT ACTIVITY. SUCH PAYMENT SHALL BE MADE ON AN ANNUAL <br /> <br />BASIS IN ACCORDANCE WITH THE REPAYMENT SCHEDULE ESTABLISHED BY <br /> <br />THE COURT UNLESS THE APPLICANfAND THE TAXING ENTITIES MUTUALLY <br /> <br />.5. <br /> <br />148 <br />