PUEBLO, Colo.—The Pueblo Board of Water Works plans to meet Thursday to finalize a contract to sell Columbine Ditch north of Leadville.
The board has accepted a $30.48 million bid from Ginn Development, which plans to build Battle Mountain Ski Resort near Minturn, but the city of Aurora will have 60 days to match the offer in the final contract under an earlier agreement with the board.
The ditch would yield about 1,300 acre-feet annually under limits in water court decrees.
Its sale would go toward an estimated $60 million needed to buy Bessemer Ditch shares to reduce the water board’s dependence on water from the Western Slope. The Bessemer Ditch rights could provide about 7,500 acre-feet per year, based on estimates of historic yield.
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Information from: The Pueblo Chieftain,
