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I <br />moving the same amount water over a much longer time, the <br />Conservancy agreed to lease and not take delivery the next <br />irrigation season on an amount of shares in the Company that <br />would be equivalent to the increased transit loss over the longer <br />evacuation period. The Company also agreed to turn down the <br />releases from Halligan Reservoir more gradually at the end of the <br />irrigation season so that fish would not be stranded in the <br />Canyon by a rapid drop in flows. <br />After Halligan Reservoir was drawn down completely in the <br />late fall, the Company next agreed to bypass a small survival <br />flow until irrigation deliveries started up again next spring, <br />and to start up those deliveries more gradually so as not to <br />flush out any brown trout fry that may have been spawned in the <br />fall. In consideration for this bypass, the Conservancy leased <br />an equivalent number of shares from the Eastman Kodak Company and <br />agreed not to take delivery on those shares in the next <br />irrigation season. Eastman Kodak entered this lease without any <br />consideration from The Nature Conservancy because the City of <br />Greeley was willing to give Kodak some credit against Kodak's raw <br />water obligations with Greeley. Greeley allowed this credit <br />mindful that the bypassed water could be recaptured below Phantom <br />Canyon at Greeley's Seamen Reservoir. With Kodak and Greeley, it <br />was a four way agreement. <br />25