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District Court, Water Division 3, State of Colorado <br />702 Fourth St. DRAFT -March 10, 2008 <br />Alamosa, CO 81101 <br />(719) 589-4996 <br />CONCERNING THE APPLICATION FOR WATER <br />RIGHTS OF CHARLES E. NEARBURG, THOMAS <br />RICHTER AND CHERI RICHTER <br />IN RIO GRANDE AND MINERAL COUNTIES <br /> COURT USE ONLY ~ <br />Charles B. White, No. 9241 Consolidated Case Nos. <br />David S. Hayes, No. 28661 04CW9 & 99CW34 <br />PETROS & WHITE, LLC <br />1999 Broadway, Suite 3200 <br />Denver, CO 80202 <br />Telephone: (303) 825-1980 <br />Facsimile: (303) 825-1983 <br />E-mail: cwhite~a etros-white.com <br />STIPULATION <br />(INJURY WITH MITIGATION) <br />Applicant, Charles E. Nearburg ("Nearburg"), and Opposer, the Colorado Water <br />Conservation Board ("the CWCB"), hereby stipulate and agree as follows: <br />1. Nearburg owns properties located near Creede, in Mineral County, Colorado, <br />known as the Trout Creek Ranch and Broadacres Ranch (collectively, the "Ranches"). Nearburg <br />has appropriated water rights in connection with the Trout Creek Fishery Channel Nos. 1 through <br />5 (the "Trout Creek Structures"), to be constructed at the Trout Creek Ranch, the approximate <br />locations of which are shown on Exhibit A, attached hereto and incorporated herein, and <br />described as follows: <br />a. Trout Creek Fishery Channel No. 1, with a point of diversion on Trout <br />Creek in the SW1/a SEl/a, Section 25, T40N, R2W of the N.M.P.M., at a point 770 feet from the <br />south section line and 2610 feet from the east section line. <br />b. Trout Creek Fishery Channel No. 2, with a point of diversion on Trout <br />Creek in the SW1/a SEl/a, Section 25, T40N, R2W of the N.M.P.M., at a point 1320 feet from the <br />south section line and 2570 feet from the east section line. <br />c. Trout Creek Fishery Channel No. 3, with a point of diversion on Trout <br />Creek in the NW1/a SEl/a, Section 25, T40N, R2W of the N.M.P.M., at a point 1920 feet from the <br />Exhibit 2 <br />