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<br />Draft <br />3/1/90 <br /> <br />AGREEMENT FOR THE DONATION OF A WATER RIGHT <br /> <br />THIS AGREEMENT is entered into this <br /> <br />day <br /> <br />of <br /> <br />. 1990. between the Colorado Water Conservation <br /> <br />Board ("CWCB"). an agency of the State of Colorado created by <br /> <br />section 37-60-102. C.R.S.. whose address is 1313 Sherman <br /> <br />Street. Room 721. Denver. Colorado 80203; The Nature <br /> <br />Conservancy ("TNC"). a District of Columbia non-profit <br /> <br />corporation whose address is 1815 Lynn Street. Arlington. <br /> <br />Virginia. 22209; and the Uncompahgre Valley Water Users <br /> <br />Association ("Water Users"). a corporation organized and <br /> <br />existing under the laws of the State of Colorado. whose address <br /> <br />is P.O. Box 69. Montrose. Colorado 81402. <br /> <br />WHEREAS. TNC received a donation of water rights on the <br />Gunnison River from The Pittsburgh and Midway Coal Mining <br /> <br />Company ("P&M") pursuant to an "Agreement for Donation and <br /> <br />Covenant of Water Rights" dated December 31. 1987. and recorded <br /> <br />at Book 586. Pages 184-197. in Delta County. Colorado. a copy <br />of which is attached hereto as Exhibit A; and <br /> <br />WHEREAS. Qne of these donated water rights was for <br />300 c. f. s. (the "Water Right") out of the total of 800 c. f. s. <br />(conditional) decreed on August 11. 1969. in Case No. C-5873. <br /> <br />District Court for Delta County. Colorado; and <br /> <br />2035E* <br />