From The Pagosa Springs Sun (Chris Mannara):
During a meeting on Nov. 16, the San Juan Water Conservancy District (SJWCD) Board of Directors approved the deactivation of a loan the district currently has with the Colorado Water Conservation Board (CWCB).
According to SJWCD President Al Pfister, the reasoning behind the decision is the state budget situation.
“The state was asking us whether we wanted to deactivate our existing loan of $1.9 plus million that we had applied for and had been approved contingent upon us getting a mill levy approved to pay for that,” Pfister explained during the meeting. “It’s been three years since that was initially approved and, I’ll say, standard procedure is to, basically, after three years of actions have been taken, they deactivate those loans.”
Pfister noted that he told CWCB that the district was fine with deactivating its loan at this time but, by doing this, it would not preclude the district from applying in the future.
“I just want to clearly emphasize that this does not in any way mean that we are not going to pursue a reservoir project in the future,” SJWCD board member John Porco added.
In conversations with CWCB representatives, Pfister explained that the CWCB indicated that CWCB would not take this decision to mean that SJWCD was not pursuing its San Juan River Headwaters Project…
The motion to approve the CWCB loan deactivation was approved unanimously by the SJWCD board.
In a follow-up interview on [November 23, 2020], Pfister explained that the loan that was deactivated was to enable the SJWCD to purchase additional lands that were needed to complete the district having ownership of the pool basin for the San Juan River Headwaters Project.
Additionally, the loan was for environmental work for the land exchange, Pfister added.