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<br />HOLLAND &HART <br /> <br />Mr. Nick Ioannides <br />May 26, 1982 <br />Page Two <br /> <br />2. Boss Lake Junior right - we anticipate filing for <br />a new storage right but want to study how much water <br />this will produce. <br /> <br />3. Fryingpan-Arkansas project water - the Upper <br />Arkansas District will have a large share or all of <br />over 3200 acre feet of Project water. The study will <br />analyze the exchange of this water with Boss Lake. <br /> <br />4. Other water rights and exchanges - the District <br />presently owns some Twin Lakes water and entities <br />within the District own numerous water rights. The <br />study will analyze these rights as potential sources <br />for Boss Lake. <br /> <br />The District believes that there will be no shortage of <br />water but that the problem is the lack of a storage facility <br />to allow efficient management of water. However, at the <br />urging of the Board and its staff, the water supply question <br />has been included within the feasibility study. <br /> <br />please let me know if you have further questions. <br /> <br />Very truly yours, <br /> <br />~ <br /> <br />Charles M. Elliott <br />for Holland & Hart <br /> <br />CME/gmw <br />