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<br />Consideration of pUblic interest values <br />*Need for planning to conserve the state's water resources. <br /> <br /> <br />including groundwater resources <br /> <br />Develop water management tools for mandatory basin management <br /> <br />*Lengthy local. state. and federal government review processes <br /> <br /> <br />for issuing permits for the construction of water resources <br />projects <br />Land use process of H.B. 1041 (1974 Session) <br /> <br />. <br /> <br />It is a common misconception that only economic values <br />(i.e.. the production of income) are taken into account by our <br />water rights system. On the contrary. our system recognizes <br />any of the values which people place in the use of water (be <br />they economic. ecological. environmental. aesthetic. social. <br />cultural. or recreational) so long as the use entails the <br />diversion or impoundment of water from a stream. this being <br />what makes it possible to define property rights to the use of <br />water. For example. the essentially non-economic values <br />associated with diversions of water for wetlands. fish <br />hatcheries. and irrigation of lawns and gardens. and with <br />impoundments for recreational and fishery purposes. have long <br />been obtainable in our water rights system. If one is willing <br />to pay the necessary costs of diverting or impounding water. <br />then these values (benefits) can be realized. <br /> <br />. <br /> <br />. <br /> <br />-10- <br />