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2.6. REVENUE SOURCES <br /> The companies derive most of their revenues from stockholder assessments. <br /> Approximately 77 percent of the LACC shares and 54 percent of CECC shares are owned <br /> by Xcel Energy. About 17 percent of the LACC shares are owned by the CECC. All of the <br /> LACC's and CECC's shares are used in Bent County for irrigation by stockholders or <br /> through leases to local irrigators. <br /> 2.7. PHYSICAL ASSETS <br /> The companies co-own the diversion dam located on the Arkansas River west one mile of <br /> the spillway structure. The two companies also co-own the spillway structure, which is the <br /> subject of this feasibility report. LACC owns approximately 20.2 miles of irrigation canal and <br /> appurtenant structures, while CECC owns approximately 10 miles of canal and appurtenant <br /> structures. <br /> 3.0 WATER RIGHTS <br /> 3.1. WATER RIGHTS <br /> The decreed water rights for each company are listed below in Table 3. <br /> Table 3: LACC & CECC Water Rights <br /> Water Right: Appropriation Date Flow in cfs <br /> LACC 4-10-1875*1 22.3 <br /> LACC 12-3-1884*2 22.0 <br /> LACC 3-13-1888 80.0 <br /> CECC 3-7-1884 5.5 <br /> CECC 4-15-1909 44.8 <br /> *1 Transferred to Catlin Canal <br /> *2 Catlin decree transferred to LACC headgate <br /> 3.2. WATER DIVERSIONS <br /> The LACC and CECC water diversion records are provided in Appendix F for the years <br /> 1911 through 2013. Annual diversions have ranged from about 8,000 to nearly 42,500 acre- <br /> feet, but average approximately 26,000 acre-feet. <br /> September 2014 Draft <br /> Page 18 <br />