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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />:1 <br />I <br />I <br /> <br />diverts from the Purgatoire River. The diversions for LAWMA's prorata interest for 3,569 <br />shares averaged 7,712 acre-feet annually for 1950 through 1993. The stream <br />depletions averaged 4,917 acre-feet for 1950 through 1993 and 6,372 acre-feet annually <br />for 1980 through 1993. It is expected that LAWMA could regulate this water in the <br />Offset Account or could use the historical depletions directly to replace well depletions. <br /> <br />5. <br /> <br />LAWMA may acquire additional Fort Bent Ditch Company stock. For 1950 through <br />1994, the historical consumptive use averaged 0.75 acre-feet per share and ranged <br />from 0.29 to 1.21 acre-feet per share in 1964 and 1952, respectively. For 1980 through <br />1994, the historical consumptive use averaged 0.84 acre-foot per share and ranged <br />from 0.63 to 1.04 acre-feet per share in 1981 and 1985, respectively. LAWMA would <br />use this supply to replace depletions with respect to downstream Colorado ditches and <br />to Usable Stateline Flow. Currently, LAWMA owns 120 shares and can use 1,505 <br />shares for replacement purposes. These shares would yield about 1,220 acre-feet <br />annually. <br /> <br />6. <br /> <br />LAWMA may acquire shares in the Amity Mutual Irrigation Company. LAWMA's prorata <br />share of the deliveries would be delivered to the Arkansas River and the consumptive <br />use portion would be credited to LAWMA's replacement obligation. The historical <br />consumptive use averaged 1.27 acre-feet per share for 1950 through 1994 and ranged <br />from 0.25 to 1.98 acre-feet per share in 1964 and 1971, respectively. For 1980 through <br />1994, the historical consumptive use averaged 1.50 acre-feet per share and ranged <br />from 1.08 to 1.86 acre-feet per share in 1981 and 1985, respectively. <br /> <br />7. <br /> <br />The "Resolution Concerning an Offset Account in John Martin Reservoir for Colorado <br />Pumping" was approved in March 1997. It established a 20,000 acre-foot storage <br />account in John Martin Reservoir which may be used by Colorado well users to regulate <br />replacement supplies. It is expected that the Highland water and LAWMA's Article 1\ <br />Storage Account water could be regulated in this account to make up depletions with <br />respect to Usable Stateline Flow. The disadvantages of using the account is the <br />payment of "Storage Charge Water" to Kansas in the amount of 500 acre-feet annually <br />plus 5 percent of water stored in excess of 10,000 acre-feet. Also, the water regulated <br />in the account may be charged for up to two months of additional evaporation for water <br />regulated and transferred to Kansas. <br /> <br />8. <br /> <br />LAWMA's replacement water supplies, including the Highland acquisition, are expected <br />to yield about 17,680 acre-feet annually. This results in a potential shortfall of 369 acre- <br />feet. If LAWMA must continue to purchase the 500 acre-feet of Storage Charge Water <br />and considering additional evaporation losses due to the operation of the Offset <br /> <br />Page 19 <br />