Dennis Yanchunas

The board discussed key business items including the Business and Finance Committee report, which addressed banking services, reserve funding, and software platform expansion. The board reviewed a Rate Study Benchmarking Survey and received a legal report on water quality. Discussions covered anticipated reductions in irrigation supplies due to drought conditions and historical trends in C-BT Project ownership. Additionally, the board examined the Regional Pool Program supply forecasts and the Northeast Colorado Intersections report. Preview items for an upcoming meeting included a memorandum of understanding for the Perkins Canal, streamflow operational frameworks, amendments to consulting agreements for project mitigation, a new consulting agreement for a water efficiency portal, and forest health project amendments. An executive session was held to discuss legal questions regarding Green Mountain Reservoir operations.

This document outlines Northern Water's mission, vision, and core values, which collectively guide its strategic direction. The organization's mission is to develop, collect, protect, and deliver reliable water supplies for Northern Colorado. Its vision is centered on ensuring water sustains communities, economies, and the environment for current and future generations. Key operational principles include stewardship, collaboration, and excellence, applied to managing the Colorado-Big Thompson Project, addressing regional water demands, undertaking infrastructure projects, protecting critical watersheds, and maintaining transparency, fiscal responsibility, and employee safety.

The board meeting agenda focused on various administrative and operational matters, including consent for land inclusion in Larimer County, authorization for financial functions such as check signing and investment management, and reports on the Windy Gap Water Activity Enterprise and Windy Gap Firming Project. Key discussion points covered treasurer reports, expense details, a resolution to decrease a subordinate Colorado Water Conservation Board loan amount, and legal reports involving water court litigation.

The planning session included discussions on the Colorado-Big Thompson Project quota, market pay adjustments for the next fiscal year, and water quality legal reports. The Board also reviewed requests regarding tax increment revenue sharing for the 1st and Main Urban Renewal Plan. Executive sessions were recommended for legal advice and negotiation strategy concerning Grand Lake clarity and the Green Mountain Reservoir Maintenance Agreement. Additionally, the agenda previewed resolutions for financial functions, actuarial valuation reports, and easement deeds for upcoming board meetings.

The board agenda includes several key discussion topics, such as the Colorado-Big Thompson Project supplemental quota declaration for the remainder of the 2026 water year, the Defined Benefit Plan Actuarial Valuation Report, and reports on the Colorado-Big Thompson Project storage and delivery. Additionally, the agenda covers water allotment contracts, the Northern Water Treasurer and expense reports, and authorization for financial functions. Furthermore, there is a board hearing scheduled regarding proposed modifications to the rule for Colorado-Big Thompson Project water tracking and accounting procedures, alongside discussions on Northern Integrated Supply Project matters and various division manager reports.