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Augmentation for Ditch Companies |
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AUGMENTATION FOR DITCH COMPANIES (1/2 Day)
Please Contact DARCA at (970) 412-1960 for more information on scheduling this on-site workshop. All 1/2 day workshops are $500.
Augmentation plans have become very commonplace in the Colorado Water Rights System since the 1970’s when first introduced. Until the late 1990’s and through 2002 these plans rarely garnered a great amount of attention as to their importance. In the early 2000’s these plans have become very contentions and can drastically affect a ditch company and its members as to their operations, funding, and use of experts.
This workshop will encompass all phases of augmentation including:
- The basics of augmentation The augmentation plan and what its purposes are and how this can be a common goal of the ditch company, the augmentation plan owner, and others.
- Uses of augmentation What are the common uses for doing an augmentation plan? Why are they being done, and how to work with these plans to maximize the benefits to the Ditch and shareholders?
- Decrees and water court proceedings What does a water court augmentation plan look like? What is the key information, which a ditch needs to be concerned about?
- Recharge operations How is recharge water rights, which are typically associated with augmentation plans, operated and how they can benefit shareholders who do not need the augmentation water.
- Accounting How do the accounting requirements of the augmentation plan affect the ditch company and strategies of the ditch company to account for all aspects of the operations of both the augmentation plans and normal ditch operations.
This workshop will also focus on understanding augmentation and its common applications throughout Colorado. We will talk about the ditch operations and difficulties of running recharge, accounting for water, and processing the information for use by shareholders, water commissioners, and others. This workshop will also touch briefly on the components of an augmentation plan including recharge water rights, change of use of a ditch water right, fully consumable water within an augmentation plan, and retiming of water through a ditch system or other mechanism.
This workshop will then focus on the typical questions from ditch companies about augmentation in general and other questions the audience has about augmentation information resources available, technology for augmentation plans, and where this process is heading.
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