PROJ01877

• Contract/PO #: C150012
• Contractor Name: Model Land and Irrigation Company, The
• Contract Type: Loan
• Water District: 19
• County: Las Animas
• Loan Projects - Doc Type: Feasibility Study

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opera tlon, ma~ntena~ce and replacement con to alloc~\ tctl-- tv the
irriGation portion of the Project; and
WIIEnEAS, in recognition of the flood control bencfito
rcoultin~ to the City and its inhabitants from the construction
of the Project, as well aS,in consideration of the District
granting the City a subordinate right to make use of certain
unused portions pf the irrigation capacity of the Trinidad
Reservoir, the City of Trinidad, as an inducement to the
Company to enter into this contract and to the District to
enter into a repayment cQntrac t \'ii th the United states, ha s,
by Ordinance numbered 894 of the series of 1966, passed on
first reading on March 21, 1966, and on second reading on
April 4, 1966 authorized, during the period of the District's
repaympnt obligation to the United states, the'appropriat~on
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and payment .of $30,OOO.qo per year in trust for the use of the

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District in meeting its annual operation, .maintenance and re-

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placement obligations to the United states, in meeting District

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.. operating expenses and for other purposes, all as more fully

described in said Ordinance and the contract betHeen the City

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of Trinidad and the District dated April 20, 1966; and

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~nIEREAs, the District will not execute a repayment con-
tract with the United states until after all the beneficiaries

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of the irrigation features of the Project have executed con-
tracts with the District agreeing to their cooperative parti-
cipation in the Project reeulation and distribution of the

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waters of the Purgatoire River, and their participation in
.equitable payments to the District for the irrigation benefits
r:esultinr; from such regulation so as to enable the District to
. " d.ischarr;c its repayment obligations to the United states; and
W~EREAS) the Company, actln~ for its shareholders, holds
.....ti tIe to certain "/a tel" rights on" the Purga t,oire . Ri ver J herein-
after called the I1Company I s \1a ter rie;h ts 11; and

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