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Rio Grande Inter-Basin Roundtable <br />c/o San Luis Valley Water Conservancy District <br />415 San Juan Avenue <br />Alamosa, CO 81101 <br />Telephone: (719) 589 - 2230 <br />Email: slvwcdcol@qwest.net <br />July 14, 2008 <br />Mr. Harris D. Sherman, Executive Director <br />Colorado Department of Natural Resources <br />Mr. Eric Hecox, Manager, Office of Interbasin Compact Negotiations <br />Colorado Department of Natural Resources <br />Mr. Todd Doherty, Intrastate Water Management & Development <br />Colorado Water Conservation Board <br />Reference: Santa Maria & Continental Reservoirs. Rehabilitation & Multiple Use Studies <br />Gentlemen: <br />The Rio Grande Inter-Basin Roundtable (R.G.R.T) has determined that the single, most <br />critical water issue confronting the Rio Grande Basin is the current unsustainable <br />management of surface and ground water. The R.G.R.T. has made the decision that <br />water activities that address this issue be favorably considered for funding from the <br />Water Supply Reserve Account, SB 2005 -179 (WSRA Funds), providing the proposed <br />water activities meet the SWSI findings for the Basin and the CWCB & IBCC Criteria <br />and Guidelines for funding. <br />The R.G.R.T. is requesting authorization to distribute WSRA Funds pursuant to SB <br />2005 -179 as follows: Basin Funds of $50,000.00 and Statewide Funds of $141,700.00 <br />for a total of $191,700.00. The applicant is the Santa Maria Reservoir Company (SMR). <br />The work, to be partially funded by the requested WSRA Funds, is for the Santa Maria <br />& Continental Reservoirs: Rehabilitation & Multiple Use Studies Project, (the Project). <br />The total Project cost is estimated at $210,000.00, with the balance of 9% coming from <br />SMR. <br />Page 1 of 4