PROJ00441 - Laserfiche WebLink

Home Browse Search

I I I I I I Holding an allotment contract for water from the CBT project entitles the owner to call for water stored in the various CBT reservoirs operated by the NCWCD in proportion to the number of units owned. The amount of water from each unit varies from year to year in accordance with the "quota" set by the NCVCD Board of Directors. This quota also varies from year to year and is dependent upon the amount of water in the CBT reservoirs, the predicted inflows to them for the coming year, and estimated demand for CBT water from shareholders. I I I I Each CBT unit allotted is nominally worth 1 ac-ft annually of water to the allotter. Actual delivery of water in any given year is limited to the product of the quota and the number of units. For example, an owner of 1,000 CBT units would be entitled to 700 ac-ft of CBT water in a year in which the quota was set at 0.70. I Each April, the NCVCD Board of Directors evaluates the volume of water in current CBT storage, forecast inflows and Front Range demands and anticipated storage losses (e.g., evaporation, fish flow release requirements, etc.) from storage for the coming year. The value of the quota is revised as needed in an attempt to meet the water demands of CBT shareholders while maintaining an adequate storage supply to provide protection against severe drought conditions. Since beginning operation in 1950, the average annual delivery of CBT water through the Adams Tunnel has been equal to approximately 75% of the 310,000 CBT shares outstanding. I I I 5.2 ESTIMATION OF HISTORIC INFLOVS TO CBT PROJECT I I I I The actual day-to-day operation of CBT is extremely complex to simulate; however, since the item of interest for this study is limited to potential yields to the City of Loveland, it is possible to make some simplifying assumptions in order to estimate these yields with sufficient accuracy for this study. 5-3 I