From The Douglas County News-Press:
The first water right acquisition is a water right known as the Hock Hocking Mine, which generates approximately 330 acre-feet of water. This water is diverted near Fairplay and flows down the Upper South Platte reservoir into Chatfield Reservoir. This water right was previously owned by the Mount Carbon Metropolitan District…
At the district’s board meeting on Oct. 19, the board of directors also approved the acquisition of 25 shares of the Fulton Irrigation Company. This right is one of the most senior rights on the lower South Platte River and is diverted from the South Platte River near Brighton. On an average annual basis these shares are projected to yield approximately 35 acre-feet of water. The district is currently performing diligence on approximately 60 additional shares of the Fulton Irrigation Company and hopes to close those purchases by the end of this year.
In addition to these recent purchases the district acquired approximately 253 acre-feet of senior water rights in April 2009 along with approximately 280 acres of farmland that will be used by the district to maintain the historic use of these agricultural shares until they have been converted from agricultural use to municipal use…
According to [James McGrady, district general manager] the next steps will be to develop contractual relationships with Aurora, Denver, and other members of the South Metro Water Supply Authority to move this water to the Castle Pines North community.
More South Platte Basin coverage here.