From The Pueblo Chieftain (Chris Woodka):
The Cherokee Metropolitan District on Tuesday chose to buy Denver Basin aquifers water rights from the Sundance Ranch in northern El Paso County from the Greenland Basin Pipeline Co. Cherokee will build the pipeline from the ranch, which is roughly 15 miles to the north. The water rights, pipeline and storage for the project will cost about $19.5 million for an annual yield of about 1,000 acre-feet…
A proposal by GP Water, which wants to build a 150-mile pipeline from Lamar to serve the Front Range with treated water, was put on hold but not totally rejected, said Sean Chambers, manager of the Cherokee district. GP Water, a Littleton company associated with C&A Holding Co., proposed a short-term water supply from wells near the Elizabeth area in Elbert County as a short-term solution for Cherokee. Water from the Lamar pipeline would be used to meet greater needs in the future.
“We need to know we wouldn’t be the only ones signing up,” Chambers said. “Forty years is a long term for encumbrance of debt, and we didn’t want to be the only ones at the table.”[…]
The purchase of the Sundance Ranch should tide Cherokee over for 10 years, the term of the bonds that will finance the project, he added. During that time, the district plans to look at its other options, which include the Southern Delivery System now being built by Colorado Springs, and the Lamar pipeline. There could be other possible sources of a new water supply as well — the district recently reviewed eight different proposals before deciding on the Sundance Ranch purchase…
Cherokee wants time to get a better idea of the dry-year yield of the Lamar ditch and sort out issues with the Arkansas River Compact associated with GP’s plan to build the Lamar pipeline, Chambers said. The compact between Colorado and Kansas has a provision against moving water out of the region unless it can be proved that it would cause no depletion in state-line flows.
More Cherokee Metropolitan District coverage here.