From The Pueblo Chieftain (Chris Woodka):
The water board has closed 33 of 66 contracts for 5,330 shares, about one-quarter of the Bessemer Ditch. It will spend about $60 million in the purchases. The closings do not represent half of the water, since some of the larger blocks will be closed later Hamel said. All of the closings are expected to be completed by the end of the month.