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Letter of Commitment <br />Related to <br />The Reallocation of Storage Space in <br />Chatfield Reservoir <br /> This letter of Commitment, entered into this ___ date of September, 2008, by and <br />between the Colorado Water Conservation Bo ard (hereinafter referred to as the <br />“CWCB”) and Colorado Division of Parks a nd Outdoor Recreation (hereinafter referred <br />to as the “User”): <br />WITNESSETH THAT: <br /> WHEREAS, the United Stat es, acting through the United States Army Corps of <br />Engineers (Corps) has constructed Chatfield Re servoir on the South Platte River in 1973; <br />and <br /> WHEREAS, the Corps is conducting a f easibility Study funded by a Feasibility <br />Cost Share Agreement (FCSA) between th e Corps and the CWCB dated 9/2/1999, (the <br />“FCSA Study”), as authori zed under Section 808 of the Water Resources Development <br />Act of 1986 (Public Law 99-662), to “reassi gn a portion of the storage space in the <br />Chatfield Lake project to join t flood control- conservation pu rposes, including storage for <br />municipal and industrial water supply, agricu lture, and recreation and fishery habitat <br />protection and enhancement”; and <br /> WHEREAS, the CWCB, in accordance with Section 808 of the Water Resources <br />Development Act 1986, is the Study sponsor, ha s contributed significant funding towards <br />the FCSA Study, is coordinating th e interests of the Co lorado Water Entities listed in the <br />attached Exhibit “A” in storag e space in Chatfield Reservoir and, if storage space is made <br />available, will represent the Colorado Water En tities’ interests in requesting storage space <br />in Chatfield Reservoir from the Corps; and <br /> WHEREAS, the Corps has reached a pr eliminary finding from the FCSA Study <br />that 20,600 acre-feet (AF) of permanent st orage space is potentially available for <br />reallocation in Chatfi eld Reservoir; and <br /> WHEREAS; the Colorado Water Entitie s interested in acquiring space in <br />Chatfield have conducted an open, widely ad vertised process of multiple meetings <br />between June 30, 2004 and January 4, 2005 and reached the consensus recommendation <br />of what they believed was an equitable re allocation of the poten tially available 20,600 AF <br />storage space among the Colorado Water Entities as describe d in Exhibit A, attached <br />hereto; and <br />24123 <br />