- 9 - to steward water resources and protect users in the Colorado River Basin. The transfer of petitioner’s water out of the Colorado River Basin would have diminished the amount of water consistently available for future use within the Colorado River Basin. The city of Austin (Austin), the Colorado River Municipal Water District, and property owners around five reservoirs created and owned by the LCRA also expressed their intention to oppose the granting of an amendment to petitioner’s certificate necessary for the Corpus Christi transaction. Nevertheless, the LCRA was not confident that it would be successful in blocking the transfer to Corpus Christi. C. Anticipation of the 1997 Legislative Session Texas experienced a severe drought in the summer of 1996, which was alleviated as of the valuation date. As a result of the drought, on August 30, 1996, the TNRCC issued a report recommending legislative guidance on the criteria to be used in making determinations regarding applications for interbasin transfers. In addition, other interested parties were lobbying the Texas legislature to make the rules regarding interbasin transfers both more and less restrictive. The interbasin transfer issue was expected to be considered at the 1997 legislative session, which was to convene on January 14, 1997. Within the Texas legislature there was support for expanding thePage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011