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<br />Mr. Burr has zeroed in on one of the problems with this amendment. And <br />that is that you take away substantial value attached to water rights <br />if you restrict a change in the point of diversion or the place and <br />type of use. People in the state have to make up their minds as to I <br />what they want to do. If they want to keep the water in the streams, <br />then they must realize that it will restrict the opportunities to ~ <br />transfer water from one use to another. <br /> <br />I think the amendment that Larry has drafted accomplishes the purpose <br />which he set out to do. There are serious implications. This doesn't <br />say only transmountain changes in the point of diversion. This applies <br />to any little stream when you have been using the water in that little <br />valley and you want to take it over the hill and use it in the next <br />little valley. The results are that minimum stream flows will be <br />preserved, but at the expense of limiting future uses. I think that <br />people ought to understand that. <br /> <br />One of the things that makes a water right valuable at the present <br />time is Colorado's free market in water and the relatively free right <br />to change the type of use and point of diversion of that water, as <br />long as you don't injure any other water user. Now this will qualify <br />that by adding another proviso in there, provided you don't injure <br />any other water user and provided you leave in the stre~m whatever <br />minimum has been established by the legislature. As long as people <br />are clear on what they are doing there is no problem. I want knowl- <br />edgeable people in the water field to understand some of the ramifica- <br />tions of this proposal. <br /> <br />Mr. Vandemoer: Mr. Chairman, could I ask a question? <br /> <br />Mr. Stapleton: Yes, ~tr. Vandemoer. <br /> <br />l~. Vandemoer: Would this interfere with or stop the use of irrigated <br />land someday, Ray? I mean it is where we have less and less of it. <br />It would be nice if subdivisions could be built on dry land hills and <br />the irrigated lands could be kept for irrigation. But what you sug- <br />gest here, that would include wells too because wells are part of I <br />the natural streams along the South Platte. Don't you defeat the <br />purpose of your land zoning? Are you holding irrigated lands for <br />irrigation if you say you can't move this water to dry land and put <br />in some wells and put in some houses and leave your land for the <br />valley, leave your land below it? It seems to me it is going to <br />make it more difficult to set up any kind of land planning in your <br />future development. <br /> <br />-25- <br />