Your baking instincts are spot on Meri! Yes, by using cold or room temperature water you will slow the rise down a bit more. The cooler the water the slower the rise. The second rise after shaping may be a bit longer since the dough was chilly, but with a bit of patience you will have great rolls with even more flavor. The first time you try the recipe just watch the rolls as the second rise time can vary quite a bit depending on several factors, so it's hard to give an exact number in these kinds of situations. 

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