From the Aspen Daily News (Nelson Harvey):
Residents of the agricultural bottomlands along Catherine’s Store Road east of Carbondale have been deluged with legal paperwork in recent weeks, as various parties respond to billionaire Tom Bailey’s attempts to clarify his water rights on an irrigation ditch there.
Bailey, the founder of Janus Mutual Funds and a breeder of cutting horses at his Iron Rose Ranch near Carbondale, filed a so-called “quiet title” lawsuit against more than 60 of his neighbors last year attempting to clarify his right to about 5.7 cubic feet per second (cfs) of water on the Slough Ditch and Banning Lateral Ditch, enough to irrigate his 28-acre property several times over.
Since then, both the homeowners association for the Roaring Fork Preserve subdivision (RFPHOA) and Henry Hite, a neighbor of Bailey’s and the owner of the nearby Dragonfly Ranch, have responded to Bailey’s claim with their own assertions of water ownership. The RFPHOA is claiming to own 5.54 cfs of water on the ditch, while Hite is laying claim to about 2.44 cfs.
More water law coverage here.