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Carbondale staff propose sharp rise in water‑rights dedication fee; trustees seek more analysis
Summary
Town staff proposed increasing the water‑rights dedication fee from roughly $3,465 to $13,500 per acre‑foot (about $2,600 to $10,000 per EQR) to reflect long‑term water valuation; trustees asked for master‑plan tie‑ins, clarified how fees are used and signaled willingness to consider targeted fee relief for affordable housing.
Town staff presented the Board of Trustees with a proposal to increase Carbondale’s fee‑in‑lieu of water‑rights dedication — the payment developers can make instead of conveying water rights — from about $3,465 per acre‑foot to $13,500 per acre‑foot.
Staff said the recommendation followed a net‑present‑value analysis of water rights over a 50‑year horizon and reflects evolving water markets and the town’s need to protect legal ability to supply treated water for new development. The fee…
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