Laserfiche WebLink
1 <br /> <br />MEMORANDUM OF A,GREEMENT REGARDING . , .. • . <br />COLORADO SPRINGS SUBSTTTUTION OPERA'FIONS .' . <br />Page 14 . . : Agreement, may suspend its obligation to purchase the balance of the water until the approval of the : ... Secretary of the Interior is obtai.ned. Upon approval of this Agreement by the Secretary of the, .' <br />: Interior,. CSU thereafter shall be obligated to purchase 250 acre feet per year until either a total of :: ,... . ' <br />1,250 acre feet has been purchased or until the CSU Substitution. Account is filled to 1;750 acre feet °S .. . , <br />.. , <br />? at the end-of a GMR.Watex Year, whichever occurs first. -All Wolford Mountain Reseivoir water. <br />purchased by CSU will accnie in the CSU Substitution Account, subject to the overall. account cap..: . , <br />. of 1,750 acre feet:. This.means that CSU will not be required to purchase and the River'Dishict will- -: -: <br />not be required to sell`vvater.pursuaht to this paragraph once the total water in stora.ge:in the1.CSU:=.>: SubstitutionAccountreaches 1;750 acre feet:by means of purchases and Reservoir Bookovers at the .;:. :... . . <br />end: of aG1VIR W. ater;Year. The price for purchase? made:by CSU puzsuant to this paragraph.shall <br />. be in accordance with the River DistricYs water mazkefing polic.y at the then-prevailing. rate. for <br />.. .transmountain<users:. - . I <br />7. i,hange in Use of'vVater Ri". .. _ ... _ _ ? ..._,.. ... . _ <br />Subject -to the provisions of subparagraph 18.c., the parties will support any change ? .. . <br />applications that: are reasonably necessary to implement this Agreement and that are consistent with : ...? <br />this Agreement..'Any .change application will be the responsibility of the respective water -right >. ::. . <br />owner, _and will be filed at the sole discretion of the water right owner. ?8. • Allocation of CSU and DWB ReplacemenG.Obligations. , . . _ <br />4henever Reclamation determi.nes that the then-current yeaz is a Substitution Yeax;.the ?? . <br />-- s:UegaAwkdxwaterXC1eanTina1 CSU Substitution Agreement ------ --. - - -- -- - - -------- ..` -- .------.-•- - - -- - - --