From The Pueblo Chieftain (Chris Woodka):
The Pueblo water board approved the sale Friday, extending a schedule of one-time leases of water it approved in February. A lease is a one-time sale of water that does not change water rights…
The Fort Lyon Canal had asked for up to 10,000 acre-feet, but Ward said he is not comfortable with drawing down Pueblo’s supply that much at this time. Fort Lyon is the largest ditch system on the Arkansas River, but is often water-short. It irrigates up to 90,000 acres of farms in Otero, Bent and Prowers counties along its 113-mile length.
More Coyote Gulch Pueblo Board of Water Works coverage here.