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Article I <br />The major purposes of the compact are to: <br />Provide equitable division and apportionment of the use <br />of the waters of the Colorado River system; <br />Establish the relative importance of different beneficial <br />uses of water; <br />Promote interstate comity; <br />Remove causes of present and future controversies and <br />Secure the expeditious agricultural and industrial <br />development of the Colorado River Basin, <br />Provide storage of its waters, and <br />Protect of life and property from floods.