From The Valley Courier (Ruth Heide):
As predecessors before them, Renewable Water Resources spokesmen on Thursday outlined plans for a 22,000-acre-foot water export project stemming from the northern San Luis Valley to customers in the south metro Denver area.
“This will be a win-win,” Sean Tonner told the Rio Grande Water Conservation District (RGWCD) board during a special meeting Thursday morning.
Tonner is a managing partner with Renewable Water Resources (RWR), a Colorado company with support from former Governor Bill Owens (for whom Tonner worked as deputy chief of staff when he was governor), former State Senator Greg Brophy, Greg Kolomitz and others. Tonner said he purchased the former Gary Boyce holdings encompassing 11,500 acres in the northern part of the Valley. Boyce, who died of cancer in 2016, had proposed a similar water export project.
Accompanying Tonner were RWR attorney Kevin Kinnear and Jerry Berry, who manages the RWR property and has been farming in the northern part of the Valley since 1996. Berry said he has been part of the Moffat community most of his life, serving on the school board there and on the RGWCD Sub-district #4 board.
Tonner said RWR wants to partner with the water district in identifying the best sources of water to provide the one-for-one replacement for the 22,000-acre-foot export while meeting the water district’s goals of reducing irrigated acreage and bringing balance to the hydrology of the Valley. The project would budget $60 million for that water acquisition.
Tonner said RWR estimates water could be purchased at about $2,000 an acre foot, depending on the water rights. RWR will be purchasing both surface water and groundwater, he said.
Berry said there are local residents interested in selling their water.
RGWCD Board Member Peggy Godfrey added she would not be surprised that there were people in the northern part of the Valley willing to sell their water, because they have not been able to use it to the full extent they should have been able to, and what RWR could offer them might help them afford to continue doing what they love to do.
Tonner said RWR would rather work with the water district than have an adversarial relationship. He said this project would return “one for one plus”, making up for the 22,000 acre feet that would be exported, “plus” for a total of 30,000-35,000 acre feet. In addition, RWR would set up a $50 million community fund…
Water would be piped from the Valley, with the buyers footing the bill for that pipeline, Tonner said. He added that RWR was requiring the buyers to limit the size of the pipe to no more capacity than the 22,000 acre feet.
He said currently the estimated cost of building the pipeline is $550-600 million.
RGWCD Board President Greg Higel said he doubted that Aurora and Castle Rock would want to build a pipeline just for 22,000 acre feet of water, and if it were constructed for more water, “that’s the beginning of the end.”
Tonner said the partners have been clear about the pipeline restrictions and the sellers are fine with it.
“Honestly, that’s hard for me to believe,” Higel said.
RGWCD Board Member Cory Off, who extensively questioned the RWR representatives, asked how long it would take to capitalize a project of this magnitude, and Tonner said “roughly five years.”
Regarding the project timeline, Tonner estimated close to 10 years “start to finish.”
Tonner said partners have been working on this proposal for about four years and hope to file something in water court in 2019 but would be fine with it taking longer if necessary. He said those involved have been working with individuals on both sides of the hill — potential waters sellers in the San Luis Valley and potential water buyers in the Denver metro area.