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2 <br /> increment. First,the parties will protect and restore at least 10,000 acres of land and, secondly, <br /> will deliver 130,000 to 150,000 acre feet of water to the Central Platte habitat area. This water <br /> will be measured as reductions of shortages against the target flows that the FWS believes are <br /> necessary to fully protect the species. Of this total amount of water, 70,000 acre feet will be <br /> provided by water re-regulation projects in each of the states: the Tamarack Project in <br /> Colorado, an environmental storage account in Lake McConaughy in Nebraska, and a storage <br /> account in an enlarged Pathfinder Reservoir in Wyoming. The balance of the water needed <br /> to meet the Program water goal will be provided through as-yet unspecified water <br /> conservation and supply projects in the basin. <br /> Through the first increment,the parties will contribute cash and cash equivalents totaling$75 <br /> million to fund program administration and the acquisition of land and water to meet program <br /> goals. Cash equivalents involve the value of land and water contributed to the program. <br /> Contributions through the first increment will be as follows: <br /> $15 million by Colorado—$10.8 million in cash and $4.2 million in water from the <br /> Tamarack Project. <br /> $15 million by Nebraska—$5.3 million in land, $9 million in water from Lake <br /> McConaughy, and $700,000 in cash. <br /> $7.5 million by Wyoming—$4 million in cash, and $3.5 million in water from <br /> enlarged Pathfinder Reservoir. <br /> $37.5 million by the federal government, in cash. <br /> Each state will develop its own program to mitigate the effects of new water development. The <br /> Colorado framework links the anticipated impacts of water development to increases in <br /> human population. The Colorado program looks at six basic sources of water supply that will <br /> be developed to serve new population, some which will add water to the system, others which <br /> will deplete water from the system. As new people move to the Front Range, the overall effect <br /> of this new water development will increase South Platte flows in the fall,winter and spring, <br /> and decrease flows in the summer. To mitigate this effect, Colorado will implement new water <br /> regulation projects, like the Tamarack Project, to shift river flows back to the summer period. <br /> The program will provide the required regulatory compliance under the ESA to offset alleged <br /> effects to endangered species and their habitats of all existing and new water projects, as long <br /> as the Program milestones are met. If the program expires or if activities under the program <br /> are not adequately completed, the FWS may reinitiate consultation on all permits that have <br /> relied on the program as the reasonable and prudent alternative. Before doing so, the FWS <br /> must discuss the issues and seek resolution through the Governance Committee. Through the <br /> reinitiation process, Colorado may continue its activities, and there will be a presumption that <br /> the Colorado program avoids violation of the ESA with respect to all permits in Colorado <br />