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BEAUMONT BASIN WATERMASTER

                                          MEMORANDUM NO. 18-14

               Date:                    June 6, 2018

               From:                    Joseph Zoba, Treasurer

               Subject:                 Review  of  a  Memorandum  Regarding  the  Transfer  and
                                        Conversion of Overlying Water Rights to Appropriative Rights and
                                        Accounting for Such

               Recommendation:          Pending.


               On May 15, 2018, the Beaumont Basin Watermaster Committee members received a
               memorandum  summarizing  the  transfer  and  conversion  of  overlying  water  rights
               (attached).

               The purpose of this memorandum is to provide an opportunity for legal counsel to discuss
               this  topic  with  the  Watermaster  Committee  and  for  the  Watermaster  Committee  to
               consider the creation of a category of “Transferred Overlying Right” to properly account
               for the transfer and conversion of overlying water rights.














































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