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<br />3467 <br /> <br />Alternative 2. <br />Water Bank and Land Fallowing Program <br /> <br /><purpose> <br /> <br />provide water to a user for one season or <br />compensate the water right owner for <br />available <br />increase net income <br />increase productivity of the water <br /> <br />part ofa season <br />making the water <br /> <br /><description> ~4 vie......> ~ b~\z..;""I. l.P~d ~o....., ;;~\oI4 1-l> <br />j 0~". ~"'....... WL w..-ct-..}l ~ ~,-,,-'1o oJ.k.. <br />non-profit enterprise, e.g. d:;r/\ft'r.me8~y'*Fd:c:u--~e\-;"'v. .l'v<''{'t.j <br />buys water from shareholders; agreement to forego a delivery <br />sells water to users; fixes price and quantity at point of <br />delivery t,..-o-'v::T<>-<' <br />administers delivery with ~ commissioner/~~c <br />five components of the FLWB <br />return flow management: g/w component. <br />land fallowing: requirements from FLeC and SCS _. _. <br />~"1 Vv'1.......s .......; lV i'~ <h> ""....e '-'I a....b~ ~ +\...."'- 60-"'~1,;;a- i' ", &-..e;..,...<..- <br /><implementation> <br /> <br />Three possibilities: a. substitute supply plan under <br />C.R.S. 37-80-120 <br />b. a water court decree for <br />temporary transfer <br />c. special legislation by the <br />General Assembly <br />Priority role of FLec required; policy, rate setting, bylaws, <br />standing committee to guide manager <br />Exam~le in App 6.2: suggests local management is best <br />~ S{-"',-c....,,\J2... .t d.lU,\iOL,-'I.., H-".........:::l--J....ooo <br /><anticipated results> j <br /> <br />affected acres <br />cost of water <br />quantity of water <br />changes in: crop production <br />property values & tax base <br />FLeC operations costs <br />water quality <br />other <br />O'\A.,) iV-.. n ...... Q..\N~ .... ~~..l <br />.", e........ ouJr..l t,C0'\v"\ <br />c.o~.lt '{yO ",\" 1'\.k-vV oUo -I;) <br /> <br />'Fe cc... ok>;\"\-') 1,"\1 ~J.l<>if (.\~.i,^"o..;. "'''" -...>Cv~ <br /> <br />elt/v'd <br /> <br />'OJ ~NI~33NI~N3 ~NINNO~~ 9v:v1 S6, 1S ~~w <br />