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average yield that allows for significant opportunities for carryover storage in wet to <br />slightly below average years, which will improve the HOA's ability to meet water <br />demands in dry years. <br />Figure 16: Percentage Occurrence Frequency with 5 FHL Shares <br />Percent of Years with Water Availability Less Than Indicated Value with <br />250 ownership of 5 FHL Shares <br />M <br />O <br />Z <br />E 200 <br />L <br />M <br />N. <br />d <br />3 a, 150 <br />M <br />tw <br />4j M <br />M ai <br />100 <br />ar <br />w 50 <br />d <br />L <br />u <br />to <br />1% 10% 20% 30% 40% 50% 60% 70% 80% 90% <br />% of years <br />As shown in Table 10, with ownership of five FHL shares only twenty percent of the <br />years have water deliveries less than 133 acre -feet as compared to sixty percent of years <br />having less than 132 acre -feet with ownership of the current three FHL shares by the <br />HOA. Only ten percent of the years have water deliveries less than 106 acre -feet with <br />ownership of five FHL shares as compared to thirty percent of the years having less than <br />110 acre -feet available based on ownership of three FHL shares. With three FHL shares, <br />the chance that any single year and would only yield 78 acre -feet is 10 %. With five FHL <br />shares, the chance of a yield of less than 81 acre -feet drops to 19,'o each year. Therefore, <br />the risk is reduced ten -fold that the HOA will have only enough water deliveries in any <br />given year to cover reservoir evaporation and barely maintain fire - fighting reserves if <br />carryover storage from the previous year is minimal. The risk that the HOA will have <br />insufficient water supplies to meet its water needs without use restrictions is reduced <br />from sixty percent of the years to twenty percent of the years. <br />Wadley Farms No. 3 Water Supply CWCB Loan Feasibility Study Page 30 <br />