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BOARD00320
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Last modified
8/16/2009 2:48:32 PM
Creation date
10/4/2006 6:35:37 AM
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Board Meetings
Board Meeting Date
3/21/2006
Description
WSP Section - Colorado River Update on 7-State Proposal to Reclamation
Board Meetings - Doc Type
Memo
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<br />d, Extraordinary conservation programs existing as of January 1, <br />2006 <br /> <br />e. <br /> <br />Other extraordinary conservation measures as agreed upon by the <br />States <br /> <br />. <br /> <br />3. If conditions during the year change due to weather or other unforeseen <br />circumstances, a Contractor may request a mid-year modification of its <br />water order to reduce the amount oncs credits created during that year. <br />A Contractor cannot increase the amount of ICS credits it had previously <br />scheduled to create during the year. <br /> <br />4. Any ICS credits would be used first to offset any overrun for that year or <br />future year(s). <br /> <br />5. The maximum amount oncs credits that can be created during any year <br />through extraordinary conservation is limited to each state as listed below. <br /> <br />a. California: 400,000 acre-feet per year <br /> <br />b. Nevada: 125,000 acre-feet per year <br /> <br />c. Arizona: 100,000 acre-feet per year <br /> <br />6. <br /> <br />The maximum cumulative amount oncs credits created through <br />extraordinary conservation that would be available at anyone time is: <br /> <br />. <br /> <br />a. 1,500,000 acre-feet for California; <br /> <br />b. 300,000 acre-feet for Nevada; and <br /> <br />c. 300,000 acre-feet for Arizona. <br /> <br />7. No category of surplus water can be used to create rcs credits, <br /> <br />8. At the time the rcs credits are created by extraordinary conservation, the <br />Contractor will dedicate 5% of the rcs credits to the system on a one-time <br />basis to provide a water supply benefit to the system. Additionally, rcs <br />credits will be subject to annual evaporation loss (estimated to be no more <br />than 3% annually) during each year in which no shortage has been <br />declared. The Secretary will not assess any other charge for creating rcs <br />credits. <br /> <br />9. Contractors that have created ICS credits may recover them under the <br />following conditions: <br /> <br />a. <br /> <br />A Contractor may request delivery of rcs credits it has created at <br />the time it submits its annual water order for the following year. <br />The rcs credits would be added to the Contractor's approved <br />water order for that year upon approval by Reclamation. <br />8 <br /> <br />. <br />
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