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<br />we are putting a major effort into it. <br /> <br />I <br /> <br />Our schedule for the report calls for it to be completed in the spring <br />of 1988. That sounds like a long time off,_but'it, generally-takes us <br />quite a while to prepare an EIS if we have a viable project that will <br />be accepted by the local people, plus it does take a long time to get <br />the report through the administrative'channels. <br /> <br />That is about all I have. <br /> <br />MR. STAPLETON: Does the board have any questions? <br /> <br />MR. NELSON: I have some additional copies of the brochure and of the <br />status report, if any of you are interested. <br /> <br />MR. VANDEMOER: I have a question. You just assumed that in a study <br />like that that that land that is agricultural now in that Coal Creek <br />area will be taken over by urban use? <br /> <br />MR. NELSON: We have some assumptions in that area. In fact, we have <br />a series of different assumptions under let's sayan accelerated <br />acquisition of water rights and one that is not quite as accelerated. <br />So we are looking at different levels. <br /> <br />We have looked at the population growth and tried.to anticipate, based <br />on information we got from Boulder County, we have computed how fast <br />they will acquire those rights.. This is a very difficult area for <br />reclamation to be involved in. Ordinarily we take water rights that <br />the communities -- that the local entities already have on hand and <br />the project is based on those rights. This is a little different <br />situation. <br /> <br />MR. VANDEMOER: There is no way agriculture can compete if this happens. <br />So you almost have to assume that this will change hands. <br /> <br />MR. NELSON: Well, what we try to do is layout a framework as to how <br />this might happen. The actual implementation has to be in the hands of <br />the local municipalities and the ones acquiring the water rights. <br /> <br />I <br /> <br />MR. SPARKS: In that connection, Herb, if you recall, this board did a <br />rather intensive study of the Coal Creek area several years ago. We <br />concluded that the project was too expensive for us to sponsor, and we <br />came up with a cost of something like 50 million dollars. <br /> <br />In the assumptions that we made in connection with that study, they <br />were based upon land use planning in Boulder County. The Coal Creek <br />area -- Lafayette, Louisville, particularly, and then the smaller <br /> <br />-11- <br />