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<br />ANNUAL REPORT FOR 1962 <br /> <br />The Frying Pan.Arkans8s project has now been Buthorired. <br />Funds wi 11 be ave i IsbIe for. em! inee r in~ and some ore 1 imina TV wOrk. <br />The Southeast Colorado Con!lervllncy District together with the <br />Colorado Water Conservation Board are making studies of river flow <br />that will be used in proposing II phn of operation for the pro- <br />Ject. Down stream Ditches are especially interested in the re- <br />regulation of regular river flow!! at Pueblo Dam. <br /> <br />A test case involvini the illegal storage of direct flow <br />rights on Beaver Creek in Fremont County may be brought to a show <br />down by the Arkansas Valley Ditch Association this year. The quan- <br />tity of water involved is relatively small but the principal in- <br />volved is important to all water users on the river. <br /> <br />The City of Lamar .has proposed 8 ldIam on Clay Creek bordering <br />their well field that supplies water to the City. Stlorage of wa- <br />ter here, it is hoped, would replenish water removed by pumping. <br />The Fi~h and Game Department may be asked to help with this pro. <br />Ject and establish 8 recreational center. No doubt proper pro. <br />visions will be made in this Dam to pass any irrigation decrees <br />that belong below. <br /> <br />The report of our Secretary shows in detail cash receipts and <br />disbursements, also a budget prepared by the Board of Directors. <br />Increases in the budget reflect to some extent the gradual in. <br />crease of doing business but otherwise this year's increase repre- <br />sents the remodeling and furnishing of the Office and investment, <br />after trade in, of more than $12,000.00 in a new T. D. Dozer, <br />along with repair of flood damage and refurbishing reservoir out- <br />lets. <br /> <br />The Superintendent's report shows the amount of water receiv. <br />and distribution on the Canal. Water from the Nee No She, the <br />Queen and the Upper Queen all required separate preparation for <br />delivery to our canal. The eQuipment used here provided water <br />that would not have bpen available otherwise. <br /> <br />The books of the Company have been.audited by Registered Ac. <br />countants arid a complete report will be available for the Annual <br />meeting. <br /> <br />I want to again thank the employees, directors and stockhold- <br />ers for their hearty cooperation during the year. <br /> <br />Respectfully submItted, <br /> <br />Harry C. Nevius <br />President. <br /> <br />-6- <br />