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<br />. <br /> <br />this kind of transaction, involving the water trust, perhaps opening the door for similar <br />arrangements in the future, Kassen said. <br /> <br />We think there's a need and we have a good model," said Browning. <br />The Boulder Creek deal serves as an illustration that the water trust's voluntary <br />conservation approach can work. The trust is actively exploring several other projects <br />across the state, hoping to establish models in each of the major river basins, according to <br />trust director John Carney. <br /> <br />Water trusts are more common and more active in the Pacific Northwest, where they <br />have been involved in leasing agricultural water from year to year for conservation <br />purposes, Carney said, <br />The Boulder Creek deal was funded in part by the Gates Family Foundation and <br />Colorado Conservation Trust. <br /> <br />Bob Berwyn can be reached at bberwvn@,summitdailv.com. <br /> <br />BACK .. <br /> <br />. <br /> <br />. <br />