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<br />assets and the people assets. The Indian culture and the current <br />tribal policies attempt to maximize both types of assets. We <br />encourage our people to be healthy, restrict their families, and to <br />develop their minds. We encourage our people to work together for our <br />mutual benefit. When it comes to natural assets we also attempt to <br />utilize those to our mutual benefit. The Ute Mountain Ute reservation <br />has thousands of acres of land, that can be cultivated with an ample <br />water supply. The reservation has a temperate climate and an ample <br />growing season. The reservation also contains substantial oil and gas <br />resources. Over time these oil and gas resources will be depleted. <br />In contrast, our lands, our temperate climate and our water supplies <br />are a renewable resource. It is those that we must look to for the <br />development of our economic future. When we develop those resources <br />we are also careful to preserve them as well. <br />Our environment is unique and very sacred to us. All of our <br />natural resources are sacred, but perhaps water resources are the most <br />significant and the most sacred to the Native American, and the Ute <br />Mountain Ute people. Thanks to the assistance of United States and <br />particularly the state of Colorado, we are now receiving, for the <br />first time in our history, domestic water in the Towaoc pipe line. <br />This water is delivered from the Dolores Project, and treated at a <br />facility near Cortez. In addition the tribe is currently, through its <br />construction corporation, building the $32 million dollar canal to <br />deliver agriculture water also from the Dolores Project. This water, <br />during the next three or four years, will be used to cultivate 7,500 <br />acres of tribal land. These lands are fertile. They have a temperate <br />growing season, and we feel that with good management this tribal <br />cultivation will provide long term economic benefits to our tribe. <br />The tribe has other water supplies not secured by the decree of <br />1986 Colorado-Ute water right settlement agreement. These additional <br />water supplies are from current stream flows and also from allocations <br />from Animas-La Plata project. The Animas-La Plata project is now <br />under planning and initial construction, and baring some of the <br />environmental issues that we have, we hope that we will see it as a <br />reality. The full extent of these additional water supplies cannot <br />be used profitably by the Ute Mountain Ute reservation in the near <br />future. Therefore, we feel that those additional supplies are for <br />leasing consideration. One note I would like to make is that under <br />the tribal partnership that we had formulated, not all the tribes are <br />in the position to lease water. Only those that have quantified water <br />would be the ones that would actually be considering leasing or <br />marketing some of that water. There are other tribes in the <br />partnership that are not that far along. After negotiating with our <br />lawyers we felt we needed to expand and to ensure that all of the <br />other tribes would be considered in this partnership. So, it is not <br />all of us who are considering marketing our water. The Southern Ute <br />and the Ute Mountain Ute are definitely considering that possibility. <br />Some of the others maybe looking at that option in the future. <br />To continue, Colorado River water leasing is consistent with the <br />Law of the River and the Commerce clause. The availability of water <br />rights for leasing is fully consistent with the tribes continuing need <br />to develop economic independence from its natural resources. The <br />availability for leasing is also, in my opinion, perfectly consistent <br />with their creation as federal reserve water rights. These federal <br /> <br />56 <br />