Colorado Water Trust leasing program hopes to shore up streamflow in the Yampa River again this season #COdrought

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From Steamboat Today (Matt Stensland):

Last year, the nonprofit organization aimed at keeping waterways flowing leased 4,000 acre feet of water for the Yampa River. That translated into increasing flows by about 26 cubic feet per second for a large part of the summer…

Colorado Water Trust attorney Zach Smith said the spring weather and snowpack amounts will dictate how much water can be leased for the Yampa this year. The bigger the snowpack, the less the group can lease. On Monday, the snowpack in the Yampa/ White River basin was 81 percent of average.

Last year, 4,000 acre feet of water was leased from the Upper Yampa Water Conservancy District, which owns Stagecoach Reservoir. The Colorado Water Trust paid about $140,000, or $35 per acre foot of water…

The Colorado Water Trust is reaching out to water right owners who might be interested in leasing their water this year. Smith will be in Steamboat from 4 to 6 p.m. Thursday in Library Hall at Bud Werner Memorial Library to explain how the Request for Water 2013 water leasing program works. He will discuss the legal authority and technical underpinnings of the program. He also will talk about how the various forms work, what a water user can expect if he or she offers water for lease, how the water valuation process works and approximate timelines.

More instream flow coverage here.

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