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Land Fallowing - H2O Leasing <br />• Creates new crop - water <br />– Additional source of revenue for farmers and ranchers <br />• Annual leases <br />• Multi - year leases <br />– Shareholders are paid annually to participate plus paid addition al <br />amounts in years when fallow their land <br />• Land not permanently dried up <br />– Agricultural productivity continues <br />– Most water remains in irrigation use every year <br />• Shareholders realize the appreciating value of the water <br />