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BOARD01816
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BOARD01816
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Last modified
8/16/2009 3:07:40 PM
Creation date
10/4/2006 7:02:54 AM
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Board Meetings
Board Meeting Date
11/19/2001
Description
CF Section - Proposed Statute Revisions Construction Fund and Severance Tax Trust Fund Perpetual Base Account
Board Meetings - Doc Type
Memo
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<br /> <br />What is a water bank? <br /> <br />A place to lend, lease, loan & <br />exchange water <br />,Like New York Stock <br />Exchange <br />. Willing sellers & buyers <br />'Trade something of <br />. value (e.g. $$) for <br />water <br /> <br /> <br />Example. Water right owner chooses not <br />to use stored water over the short-term places <br />this water in the "bank" and offers it for lease <br />to a willing buyer." <br /> <br />Scenario 1 - No drought, No Water Bank <br />~....~~~!~r Irrigation Storage Right <br /> <br />JUflior Municipal Water Right <br />.' <br />.' <br />.' <br />.' <br /> <br /> <br />09/25/2001 <br /> <br />3 <br />
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