C153333 Feasibility Study - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I I II-l Chapter II Organization Beaver Park Water, Inc, was incorporated as a non-profit mutual ditch company under the laws of the State of Colorado in December, 1976. The company is run by a manager, serving under a board of directors elected by the shareholding water users of Beaver Park. The company purchased the water system from the City of Colorado Springs for $1,750,000 on January 20, 1977. The Beaver Park irrigation system was developed in the early 1900's by investors from Colorado Springs under the name of Beaver Water and Irrigation Company, The original developers combined a variety of small water rights from along Beaver Creek, built an on-stream reservoir and con- structed the main irrigation supply ditch for Beaver Park, The water was supplied to water users who did not own shares in the irrigation company and also to large tracts of land which were company-owned, The dam on Beaver Creek washed out in 1921 and Brush Hollow Dam was built at the west end of the supply ditch in about 192), This change in storage location made a consider- able change in timing of irrigation deliveries, Thecompany passed through a variety of owners during the years until the City of Colorado Springs purchased the system in 1976, The water users then organized and formed the pres- ent company and Colorado Springs agreed to sell the system to the water users. After some 70 years, the irrigation system was owned by its water users, The original irrigation system was planned to supply water to 10-acre tracts of land. The land under the ditch was all subdivided into 10 acre units and the apparent crops planned were to be fruit and vegetables, The original company owned several large apple orchards which were cultivated by its employees. The water users under the original system had water certificates which would provide 1,5 acre feet per acre,