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<br />Dec-10-97 12:2BP IDEAL VALLEY REALTY LTD <br /> <br />719 462 5755 <br /> <br />P.02 <br /> <br />ARKANSAS GROUNDWATER USERS ASSOCIATION <br />Office 7l9~2-S140 100 West 151 Street. Bo:oc 7 - Manz::moI3 CO 810S8 FOl.X 719~2.S7S5 <br /> <br />Dec. J, 1997 <br /> <br />Dear AGUA Member: <br /> <br />Please find enclosed an application form. for AGUA's augmentation plan fOJ" the 1998 year. The new rules. as set <br />tonh in the Amended Rules and Regulations Governing the Diversion and Use of Tributary Groundwater in the <br />Arkansas River Basin. Colorado, require that those wells (as identified by Water Division m intending to pump <br />after April 1, 1998 must be part of an approved augmentation plan. Individuals wishing to join must have their <br />applications in our office by Jauuaty 15, 1998. Any well users not submitting their applications by this date will <br />not be eligible for the primary plan. If you have any questions. please call and talk to me, Jeanette Bryan, at <br />(719) 462-5140. Our main office hoW'! are 8:00 to 5:00 weekdays. <br /> <br />During our November Slh, 1991 Annual Meeting, the purchase of the Excelsior Ditch was voted on and approved <br />by 77% of those persons who sent in their proxies. and/or attended the meeting. The Resolution stating that <br />AGUA is committed to securing pennanent water rights to the extent of its economic ability received 88% <br />approval. AGUA's next step is to complete the purchase of the Excelsior shares, pending the receipt of the <br />appraisal. Once the Ditch is appraised. we will then purchase the ditch at the appraised value. which is not to <br />exceed the negotiated price. <br /> <br />The board is also discussing whether to hold the water rights as a Mutual Stock Company or a Carrier Stock <br />Company. The primal)' difference in the [wo is how the water right is held, The Mutual Stock would be held by <br />individual members. and the carrier stock is held by the company for the benefit of the membership. The <br />preference by the board at this time is to distribute the shares among the membership if it is feasible. <br /> <br />Please complete the application thoroughly because those that come in incomplete will be rejected and sent back <br />tor completion. so call jf you have any questions. Also, take the time and read everything. This application <br />should tell you what you need to know, <br /> <br />Page I and 2 of 4, of the appJication. is ~.ours to keep. You Vlill then need to complete entirely the pages J and <br />4 and send back with the completed form 13 (s) and a check for the appropriate amount. The bill for your water <br />will be sent after we receive your application. You can call me for an estimate of the price of water. <br /> <br />ITEMS TO RETIJRN TO AGUA: The Form 13 (new members only), Pages 3 & 4 oi AQUA's application. <br />and a check for the appropriate amoWlt by January 15, 1998. <br /> <br />DATES TO REMEMBER: <br /> <br />· January'S. 1998: Deadline tor submitting membership applications to AQUA if you want to pump after <br />April 1, 1998 (1998 plan year) <br />· March IS, 1998: Augmentation water fees must be paid in full for the 1998 season. <br /> <br />Jeanette Bryan <br />General Manager <br /> <br />enclosures <br />