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(Table 2A) and$29,954 (Table 2B) for a total recharge accretion lease of $125,011. Recharge <br /> accretions in 2004 were all leased at$20/ac-ft for April 1 through December 20. <br /> Table 3 lists the lease of augmentation well credits. Augmentation well credits are the amounts <br /> of pumped water delivered directly to the river minus the lagged groundwater depletions from <br /> prior pumping of the well for augmentation purposes. For 2004,the lease rate for net <br /> augmentation well credit was $20 per acre-foot. The total 2004 augmentation well lease was <br /> $100,304. <br /> The following describes the 2004 grant amount available to LLWU per the September 2004 <br /> Grant Guidelines Memo from CWCB. The total LLWU lease payment for augmentation <br /> replacement supplies in 2004 was $243,355 (sum of Tables 1, 2A, 2B, and 3). The total days <br /> of river call where LLWU had to replace out-of-priority well depletions during the drought <br /> year of 2004 is 227 days (195 days April through October plus 32 days November/December). <br /> Per phone discussion with Mike Serlet on 1/31/2005,the average call days in the lower South <br /> Platte River were 84 days. The following computes grant amounts for 2004. <br /> 2004 <br /> Lease cost of augmentation water $243,355 <br /> Number of drought call days 227 <br /> Average number of call days 84 <br /> Call day ratio 227/84=2.702 <br /> Cost reduction $243,355/2.702=$90,065 <br /> Grant amount $243,355-$90,065= <br /> $153,290 <br /> The Program per the September 2004 Guidelines also provides funds for engineering and <br /> attorney fees equal to 5% of the grant amount. Multiplying 1.05 times $153,290 gives a total <br /> grant amount for reimbursement to LLWU of$160,955. <br /> Please contact me for any further required information or clarifications related to the LLWU <br /> accounting and computed grant amount. NCWCD and I applaud the CWCB and the State of <br /> Colorado for this excellent program of financial assistance to irrigated agriculture during these <br /> times of drought and expanded costs for well augmentation. <br /> 2 <br />