From the Crested Butte News (Mike Horn):
If the transaction goes through between the Colorado Water Trust, the CWCB, the Skyland Metropolitan District, and Verzuh Ranch, Inc., Skyland residents will likely have a little more drought-protection as well. After being used for instream flows in the rivers, the acquired water will be diverted into Skyland Metropolitan District’s system, namely Grant Lake reservoir. The diversion point would be just upstream of the Hwy. 135 bridge that crosses the Slate River…
According to Skyland Metropolitan District Manager Mike Billingsley, “The transaction is under contract but not closed; we’re about halfway through the 180-day diligence period. The CWCB approved their contribution during their January meeting, but we don’t have it in hand yet.” Billingsley said they’ve been working on the water right acquisition for four to five years. “It’s been pretty hot and heavy since I started a year-and-a-half ago,” he said. “The water right itself is important for Skyland to complete our water portfolio,” explained Billingsley. “In drought years, the reservoir goes low, the golf course goes dry, and it’s a struggle.”
As Billingsley said, “It’s still far from being closed.” But if the arrangement goes through, there’ll be more water in the rivers, the wetlands will get recharged, and Skyland will be hydrated, even if drought conditions arrive.
More CWCB coverage here.