April 22, 2024

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Colorado farmers find deals at Front Range water auction

1 min read

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LONGMONT — It is 10:16 a.m. on Valentine’s Day. More than 100 people are gathered in a sprawling room at the Boulder County Fairgrounds. Pencils, notebooks, calculators, auction catalogs and heart-shaped chocolates lie on tables as buyers begin bidding for some of the most sought-after and pricey water in Colorado.

In less than an hour, they will have spent some $4.7 million to buy shares of water in the Colorado-Big Thompson Project, a federal water system whose construction began after the Dust Bowl, which now serves more than 1 million people on the northern Front Range and which helps irrigate thousands of acres of farmland in the South Platte River Basin. It is operated by Northern Water.

This Fresh Water News story is a collaboration between The Colorado Sun…

Jerd Smith

2024-02-21 03:36:00

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