Ute Indian Water Settlement Act of 1988

[AI summary unavailable — showing source text] Ute Indian Water Settlement Act of 1988 - Ratifies the compact among the Ute Indian Tribe of the Uintah and Ouray Reservation, the State of Utah, and the United States (the Ute Indian Water Compact). Creates and allocates funds for the Ute Indian Water Deferral Trust Fund with monies to be held by the Secretary of the Interior for the benefit of the Tribe as compensation for deferring the use and development of irrigable farmland and the related water diversion requirement. Allocates funds for studies to be conducted jointly by the Central Utah Water Conservancy District and the Tribe of alternate designs for specific water storage facilities and alternate plans for the rehabilitation of water distribution facilities of the Uintah Indian irrigation project. Allocates funds for: (1) the repair of the leak in Cedarview Reservoir; (2) stream improvements for certain Utah creeks and rivers; and (3) the cleanup of the Bottle Hollow Reservoir to make it a suitable habitat for a cold water fishery. Directs the Secretary to maintain certain stream flows. Requires the Bureau of Reclamation to transfer acreage at the proposed site of the Lower Stillwater Reservoir as a wildlife mitigation me…