Grand Valley Irrigation Company boundaries stretch from Palisade to Mack, Colorado along the Grand Valley Canal and down to the Colorado River.
Prior to incorporating as the Grand Valley Irrigation Company in 1894, the company was known as the Grand River Ditch Company (established in 1882). The GVIC is a non-profit, privately owned, mutual irrigation company; it is not a utility.
The GVIC services 48,000 shares of water stock over approximately 40,000 acres of land. GVIC also owns and operates 97.4 miles of canal right-of-way within the service area.
Transfer of water rights
Water rights in the GVIC service area are transferable, and are not tied to the land. Currently all shares are accounted for in the system, but shareholders can buy and sell water shares between themselves. However, shares cannot be split in half and there is a $20 transfer fee per certificate issued under the system.
In addition, public auctions are held once a year for non-payment on the assessment of shares. If shares are released for non-payment, public auction will take place the second Thursday in December. Contact GVIC at 242-2762 for more information.
GVIC is responsible for delivering water in canals and headgates. After water leaves the canal right-of-way (into ditches, laterals, pipelines), it becomes the responsibility of landowners.
Irrigation water is typically available through the GVIC from April 1 through November 1 of each year. Assessments for shares in the GVIC system are distributed in January of each year. The amount of the assessment is determined at the annual shareholders meeting held the first Saturday in December.
For 2004, the current assessment rate for A Share Stock is $198.81 per share. Additional share structure information for B Share and C Share Stock is available by calling the GVIC office at 242-2762.
Grand Valley Irrigation Company
688 26 Road
Grand Junction, CO 81506