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Phare: <br /> <br />understanding that we could wait as <br />long as five (5) years for that, <br />according to our agreement with the <br />Conservancy District, which would <br />push that out to about '98. You're <br />showing water rights purchase of <br />Colorado Big Thompson in '93. How <br />would we purchase water without <br />actually joining the District <br />anyway? <br /> <br />You can buy the water right. It's <br />just that you cannot use it until <br />the District allows for it to be <br />transferred. They control the <br />delivery facilities, so you can't <br />use it. I did make those <br />assumptions that there could be some <br />flexibility in backing off, if <br />revenue streams weren't there. <br /> <br />Mayer: <br /> <br />I wonder, if we could investigate <br />getting into lease arrangements with <br />some farmers, where we would get <br />water in dry years? We would only <br />lease it when we needed it. 'They <br />could use the water otherwise. <br /> <br />Phare: <br /> <br />Mayer: <br /> <br />We can discuss that. Boulder has <br />been exploring that within Boulder <br />Valley. It has some institutional <br />problems. The Colorado Water Law <br />arrangements don't always allow for <br />some of the flexibilities that would <br />optimize overall water usage. <br /> <br />I was thinking of CBT, because more <br />farmers are involved in CBT than say <br />with Windy Gap. <br /> <br />Phare: <br /> <br />At the last Council meeting, in the <br />Council packet, it was represented <br />that 3 c.f.s, would be approximately <br />$3.5 million, including the <br />Broomfield pipeline, the connecting <br />pipeline, which is approximately <br />Waneka Reservoir, which would put it <br />south of Baseline and east of Hwy. <br />96. That's the general vicinity of <br />the termination point, which these <br />cost are identified for. The <br />District is starting to do some <br /> <br /> <br />