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<br />~ ; --/UUJ <br /> <br />Uti': tit rf1 Tlit C0N'~Li-;:Wnl <br /> <br />FUND <br /> <br />hiX NO. 3CJ3SCE3763 <br /> <br />fl, 03/03 <br /> <br />It wa;~ the dcsit"i; of our donor that The Conservation Fund also wnrk to protcct the <br />signi.ficant \va~cr r(;~~m_:rc-;:;s on the property, Based on tho \V8tcr 3vfl11able, the Fund <br />dC(t~r"llln:.:d ::);It the historic agrlcuItur;11 pr~cticc;) clluld be contilllw~J Qll Lh(~ propcrty \vith <br />mOi-C jlll'1,lJr righl-S:. and that the senior irrig1:ll101l rights nlight be 3bl:~ to be converted to an <br />~n.strc;'\:Tl now 111 SnO\Vnl("':ss ere;;k. \Vhe:n \V0 spoke with C\VCB st~rl'~ they indicated :1n <br />interest in \vorkinQ; wi.th us w ,1C{:\::pt a donation of the W;-J.tct'. Bused on th:1t ~t;)1.c.n1{;nt of <br />lnl<2n:st, the Fund cxp~ll(k'd consldcm.hlc reSQurees on engineering and lcgnl issues in <br />] "'" D'.'.) 1 I" ,. l' ,. . ) <br />on c:-r to (:nsure \;::;.It tnr~ y'lr1t.S-Qll 1..1VlGC h-..ar:('1 \VOU. c. nave contm'..lC'tl_ \\.latcr (3 l)l;;ltJu.mor <br />forinig:::tl.lon 011 th.:; proper~.y) find signific.ant upg-cadcs were rnade to t11C jn:tg3tloll <br />sY,[0I11. III c1cldllion, the 1'1m,\ warke,; hod lo g8ll110 support ofpokmiai. objectors lo lhe <br />GonVCn~i()ll o["'111e dun~ltcd w[':tcr rii1ht to instrea:rr; flo\v, <br /> <br />\Vh('.n the Fnnd be~l?an this proces~, it \Yi1S our desire and the. desire of our donor, <br />lh;~t tI1l:s':,~ s(:llior ~Nr.l.tcr rights b;;T:e!-lt the in3trcam ftO\V prognlD1 ~nd bene!;t SnOWlTl~tSS <br />Ct\;c:c 1[1 signing the D01i;,~ti()n Agrccrnent with the CV/CB~ \r.!\;. rccognh.,cd that '\vc \Vcrc <br />(;ntcrin:~~ iniG a 1c.ns- Hnd C~)n1ptcx proce~s that n1ay not result in the dedieation of ~111 <br />ins1.cenm f1ovv, \Vc therefore structLtred the. DCHntlon Agreement to 21i.t1cipc:...tc this, (mil to <br />8110w the \v(!l~'( right to revert b('lc;c to ThB Conse-rvation Fund, so th~it WG could carry out <br />the 1:11 gel" ~L~",jj'"(' and intent of our donor that their gift benefit the :Fund uild L:H'gcr land <br />c()n~~L';rv,:,~io1"l ~~(;;11s in. th~ 3CCU, <br /> <br />\Vhel1 the \vater right is deeded back to the Funct. we win work tl~ sell tt to l:110Cal <br />pnJpel'ly O\1VnCL 'The owners DftrK~ \Vat.scm Divide f<..:mcll h;:tvc alrG.8dy cXI)rc~scd (JY: <br />lnle'(('~i. in the \'vatC:L ;:u!d it i.s likely that provided they arc \villiug to pa:y f~:~r n1arkctv~duc <br />fur the \\<lH:;I.' (;.13 a non-profit eJ-:;lrlLy, \Vt: arc not able to 5ell fl.1r k~,~ than the 11.1l1 vallie of <br />t1':f~ \vnter), the woter will b(~ sohl to thcrn. In additimi, tbey haV~~;l Rig1-:t of First Refusal <br />011 tl1it', W[1t81\ S(l they also hlerl/I:.': Hw right to !TI?tell. any other offers \\'iC rnight receive. <br /> <br />l~';nj:lly, it is onCi? ;,lgaii: irnpor(~mt.t(l crnphasizc th~t in ;;ei]ln81hi~~ \Vi;ltcr, <br />The C~)lECrVz\tinn Fund win scel( u. conscrvatiOTIvlllInded buyer, ir: order to rnc(:t the <br />con1~Ylihih:n~ to our dClllOr. v..;~: arc ~n orgwization dedicated to lnnd anct \vater <br />con:;;crvalion, mu:t;i is highly iH}!ikcly that we "vould .se11 to an entity that wo-~)ld viniate <br />OU~. lni~;~;l~)n. Th;_~nk ynu, 3ndvle hope to b(-: able to work "\Nttll rhe C\VCB in the t1,iture. <br /> <br />Sincerely ymlrs, <br /> <br />~ (' <br />/c,qC{r)(-L1 J. ()LJ1c.<<'~C\ <br />I I <br />Sydney S. :>1ocy <br />Colon~do Directo'c <br /> <br />J~llC-;(1~:U:'C <br />(C)il,,;;rvm;on fund Animal Report) <br />