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Most of Geneva Steel's water rights were sold to the Central Utah Water Conservancy District in May 2005 for $88.5 million, with some additional water rights sold for $14 million to the private firm Summit Vineyard, LLC, which has used them to support their Lake Side power plant. Its iron ore properties were sold for $10 million to Palladon ...
A senior water user could, for example, only have been using the water during a particular season. Then the purchaser of the water right could only use the water in the same season as when the right was established. In addition, the state may put additional conditions on the use of the water right to prevent polluting or inefficient uses of ...
Water rights are homogeneous and trades are in allotments of the use of 1 acre-foot (1,200 m 3) (for 1 year) of the 310,000 acre-feet (380,000,000 m 3) per year of water supplied by the CBT; and each acre-foot is a tradable allotment. [1] Water rights are thus well defined, and understood by traders. [57]
Water right in water law is the right of a user to use water from a water source, e.g., a [1] river, stream, pond or source of groundwater. In areas with plentiful water and few users, such systems are generally not complicated or contentious.
The municipal and industrial water for northern Utah County (20,000 acre-feet (25,000,000 m 3) per year) and Salt Lake County (70,000 acre-feet (86,000,000 m 3) per year) is released from Jordanelle Reservoir or diverted under direct flow water rights and then rediverted from the Provo River into the Olmsted Flowline. From that diversion, the ...
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Local water systems, in particular Salt Lake City Public Utilities, have a tendency to acquire or trade for these water rights. These can then be traded for culinary water rights to water imported into the valley. At its peak, irrigation in the valley comprised over one hundred distinct canal systems, many originating at the Jordan Narrows at ...
Utah's ban was passed in 2020 as a so-called "trigger law," which would take effect if the U.S. Supreme Court eliminated the national right to abortion it had recognized since its 1973 Roe v. Wade ...