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2018 Request for Water Acquisitions Pilot Process
Are you curious about how you can help keep your local rivers and watersheds healthy, especially during this dry year? Join us and learn more!
Click here to register for the webinar.
Colorado Water Trust staff will explain the Pilot Process, available transaction tools and the protections available to water right owners who share their water with the environment.
Voluntary water sharing arrangements or voluntary acquisitions of senior water rights, on a temporary or permanent basis, are tools that – particularly in dry years – can help restore flows to rivers in need, sustain agriculture, and maximize beneficial uses of Colorado’s water.
This year, the Colorado Water Trust is partnering with the Colorado Water Conservation Board (CWCB) on a Request for Water Acquisitions Pilot Process. This Pilot Process intends to:
Invite voluntary water offers from willing water right owners to benefit streamflow; Provide a user-friendly mechanism for water right owners to explore working with CWCB and the Colorado Water Trust on water acquisition transactions; Streamline transaction processes and utilization of resources; Facilitate implementation of Colorado’s Water Plan objectives, and, Add flows to river segments in need while coordinating with agricultural and other uses. Following the drought years of 2002, 2012 and 2013, the legislature created several new tools for water right owners to lease or loan their water for instream flow or flow restoration use without penalty to their water rights. These new tools have been successfully implemented in several river basins around the state, and benefitted water-short streams during the dry years of 2012-2013.
This year, with streamflow forecast to be well below average in many of parts of Colorado, temporary, voluntary, compensated leases or loans of water may provide an alternate source of revenue to preserve agricultural operations and may also help sustain streams and aquatic life during critically low flows.
Additional information about the Pilot Process, including Inquiry/Offer Forms and FAQs, can be found here on our website.
Register now!
The Colorado Water Trust Team
*Presentation of this webinar is made possible by our friends at Water Education Colorado.