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The partners see this as a unique opportunity to optimize existing and future water resources, using newly constructed shared infrastructure, to set a precedent for a mutually-beneficial relationship between agricultural and Front Range water communities in Colorado.
PWSD’s current water resources are sufficient to meet existing demands, but with a population that’s projected to double by build-out, and with the Denver Basin groundwater supplies diminishing over time, PWSD’s ultimate goal is to diversify its water resources portfolio to be comprised of at least 75% renewable water.
With the construction of a shared project infrastructure, LSPWCD will be able to capture, store, and use its water resources more effectively for irrigation purposes. These improvements will help to optimize operations necessary to meet their members’ needs.
In order to accomplish its goals, the PVWP intends to build new infrastructure and make use of existing infrastructure owned by project partners.
Key new infrastructure will include:
Our goal is to protect and work with the communities and individual business and land owners who will be affected by this project.
The project will benefit various groups in multiple ways:
The PVWP protects agriculture by not allowing new ‘buy and dry’ water through its infrastructure and will provide much-needed water to northeast Colorado agriculture. The project will benefit water users in the LSPWCD.
During typical conditions, the intent is for PWSD's tenant farmers to make use of existing senior water rights for irrigation purposes and continue the farming operations.
While current water resources are sufficient for existing PWSD customers’ needs, the population it serves is projected to double by 2040, and groundwater supplies are diminishing over time. PWSD’s goal is to build a water resource portfolio that is at least 75% renewable. The PVWP would allow PWSD access to more than 20,000 acre-feet of reliable, renewable water annually.
Regionally, there will be short-term, economic benefits from construction activity and long-term benefits through the development of a new water supply that addresses local shortages and increased recreational opportunities at the two new reservoirs.
The project provides new off-channel storage and will enhance wildlife habitat through the creation of new reservoirs.
We estimate a cost of approximately $880 million for the entire Platte Valley Water Partnership project.
$560 million has been built into PWSD’s long-term planning and rate structure and would be adequate to complete the first phase. We are currently in discussions with additional entities who may be interested in participating in some portion, or all, of the project.
Currently we are in the middle of the following activities related to the PVWP: