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1. Denver will continue to meet its charter obligation of providing water to the citizens of the City and County. However -- and this is an important change -- Denver will also extend the same commitments of reliability and service to those suburban distributors that it had previously contracted to serve. The Water Board has offered to renegotiate contracts and expects that the first of those new contracts will be executed within the next few weeks. 2. Denver will turn its attention first to a plan that will address the water needs of its defined service area. That is a significant challenge and that is its primary responsibility. But it ~ different from the historic role of water service for an ever-expanding City of Denver. 3. As it moves to meet its own service needs, Denver will remain open to possibilities for cooperation and maximizing efficiency of water delivery and development in the Metropolitan area. We can and will allow Denver's water system to work for the benefit of others, so long as Denver's existing rights and abilities to develop and deliver water to its customers are not impaired. 4. Finally, Denver will assist in planning for the development of water supplies to serve the entire Metropolitan area. Denver has a reservoir of data and expertise not available elsewhere. Over the next several years, we will work with others to see where system efficiencies can be enhanced and basin-wide water administration improved. In cooperation with others, we will seek ways to make more water available from the existing overlapping or duplicate water supply systems. We will not presume to plan for others, but we will participate in representing the interests of our customers and search for solutions that can meet our needs while meeting those of our neighbors. CLINTON/WOLFORD IS AN EXAMPLE OF THIS POLICY Denver has recently completed 18 months of negotiations with Grand County, Summit County, the Northern Colorado Conservancy District, AMAX, and the Colorado River Water Conservation District, which may in part illustrate our future role. Although these arrangements are enormously complicated, in essence, the deal just completed makes additional water available to Summit County and to Grand County, finances the Wolford Mountain Water Storage Project for the Colorado River Water Conservation District, and makes 12,000 acre- feet of additional water available to Denver on an annual basis. The underlying assumption behind the many months of negotiation was that detailed and technical analysis of the water rights and water systems of the negotiating parties would ultimately yield better understanding and workable concepts to increase yield for everyone concerned. All parties had either a water supply problem of a financial problem, or both. In the end, all the problems were dealt with, and almost all resolved completely: 1. AMAX sold its small reservoir to Summit County, which uses that water to repay Denver for the consumptive use of Denver water 19