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<br /> Acquisition <br /> Agreement <br />~ ~ <br /> A Gra <br /> Ag ree <br /> S Rese <br />(J) Enlarge <br />I- Ag ree <br />z <br />w <br />2: <br />:I: <br />U Speci <br /><( <br />I- C Warran <br />I- Deed <br /><( <br /> .D 20 - Ye <br />~ A reem <br /> <br />g <br /> <br />CWCS Loan <br />Contract <br /> <br />DNR I UCRIP <br />Cost Share <br /> <br />AGREEMENT MAP <br />Elkhead Reservoir EnlarQement <br />Water Acquisition for Recoverv Proqram Purposes <br /> <br />Purpose: To convey the water right and the storage space easement <br />from the River District to CWCB, to sublease the Temporary Water Supply <br />to CWCB and to outline the terms and conditions of the conveyance and <br />lease, including obligations to monitor and protect releases to and through <br />the Critical Habitat Reach of the Yampa. <br /> <br />nt <br />ment <br /> <br />Purpose: To provide the balance of the cost share funding <br />from the Recovery Program to the River District for purchase <br />of the storage right and easement in the Elkhead Reservoir <br />Enlargement. <br /> <br />. CWCS <br />. River District <br />. FW Service <br />. Reclamation <br />. Reclamation <br />. FW Service <br />. River District <br />. Reclamation <br />. FW Service <br />. River District <br /> <br />. River District <br />. CWCS <br /> <br />. River District <br />. FW Service <br />. Reclamation <br /> <br />. CWCS <br />. River District <br /> <br />. DNR <br />. River District <br /> <br />1 A detailed description of reservoir operations and obligations is contained in a separate agreement between the River District, <br />the City of Craig and the Yampa Participants (the "Amended and Re-Stated Agreement"). <br /> <br />rvOlr <br />ment <br />ment <br /> <br />Purpose: To describe and transfer the costs of operation, <br />maintenance and repair obligations from the River District to <br />the Bureau on behalf of the Service for the portion of the <br />Elkhead Reservoir Enlargement storage right conveyed to <br />CWCB for Recovery Program purposes. 1 <br /> <br />al <br />ty <br /> <br />Purpose: To transfer ownership in perpetuity of the 5,000 af absolute <br />storage right and storage space easement for Elkhead Reservoir <br />Enlargement from the River District to the CWCB for Recovery <br />Program purposes. Deed will be executed when the water right has <br />been decreed absolute and the Recovery Program obligation has <br />been paid in full. (This attachment will be in draft form pending <br />perfection of the water right.) <br /> <br />ar Lease <br />ent <br /> <br />Purpose: To provide a short-term water supply of up to 2,000 <br />af annually for Recovery Program purposes. Water will be <br />leased from the River District at the direction of the Service, <br />and paid for by Reclamation. Will also provide for sublease to <br />CWCB for instream flows for Recovery Program purposes. <br />Need for water will be determined annually and paid for as <br />utilized. <br /> <br />Purpose: To outline the loan terms and conditions, and repayment <br />obligations for the M&I portion of the Elkhead Reservoir Enlargement. <br />The loan will be for $11,110,000 at 4% for 30 years or 3.75% for 20 <br />years. The loan was approved by CWCB in November 2003 and funds <br />will become available after July 1, 2004. <br /> <br />Purpose: To allow the STA TE (through DNR) to provide cost share funds <br />required by Public Law 106-392 directly to the RIVER DISTRICT for use <br />in implementing the Elkhead Reservoir Enlargement capital construction <br />project identified by the UCRIP in the RIPRAP and to receive appropriate <br />cost share credit from the UCRIP for this expenditure. Colorado's total <br />obligation to UCRIP is $8,065,000. Funds will become available when the <br />contract is signed. <br /> <br />8-26-04 <br />