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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WHEREAS, in order to achieve the best ree;ulntion of
the Pure;n toire River ...li th rcsultinl; bencfi ts to thc Company I

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the Company's water rights must be exercised in coordination

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with thc exer'cise <?f the ...rater rir;hts of other beneficial~ics
of the Project under a sound management program administered

by the District; and
WHEREAS, in order to gain the benefits of the Project
for its shareholders and 1n reliance upon the benefits to the
Company which will result from p8rformance by the City of
Trinidad of its.obligations to the District pursuant to.the
" terms of said city's Ordinance and contract with. the District,

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hereinabove mentioned, the Company is willing to have its water
rights exercised in coordination with the water rights of the
other beneficiaries of the Project and to pay its equitabl~
portion of the costs incurred by the District under its con-

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tract with the United States.

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::;:NOH, THEREFORE, for and in consideration of the premises
and the mutual agreements hereinafter contained, in consideration

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of the execution of similar contracts. by other beneficiaries
of the Project and in consideration of the benefits to the
Company which \'1ill result from performanc.e by the. Ci ty of Trini-
dad of its obligations to the District pursuant to the terms
of said City's Ordinance and contract with the District, here-
inabove mentioned, it is mutually agreed bett~een the parties
hereto as follows:

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MATTERS INCORPORATED HEREIN AND DEFINI'rrOHS

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1. It is mutually agreed that the "OperatinG Principles-
Trinidad Dam and Reservoir Project" and "Purgatoire River Hater
Conservancy District Operating Criteria" attached hereto as
Exhibits A and B respectively are hereby incorporated herein
" ..innd hereby made u part hereof as though Bet out at length herein.

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