Natural resources districts in the Republican River Basin plan to sell bonds to finance leases and purchases of Nebraska water rights. A new state law allows NRDs in Imperial, Curtis and Alma to request Ameritas in Lincoln to put together a $9.7 million bond package. Bonds sales to investors will be announced next month. Officials want to keep enough water in the Republican to meet terms of a river compact agreement with Kansas and to avoid litigation. The bonds would be used to acquire rights to river flows that otherwise would be routed to irrigators in 2008 and beyond.

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