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<br />a. To receive and hold title to direct <br />storage water rights, reservoirs, and interests <br />lands, easements, rights of way, and other <br />facilities, in trust for its shareholders; and <br /> <br />flow and <br />therein, <br />related <br /> <br />. <br /> <br /> <br />b. To administer water rights and operate facilities <br />for its shareholders, in accordance with individual plans for <br />augmentation approved by the wa~er court. <br /> <br />1.13 Buffalo Park has entered into a contract to purchase <br />shares of MMRC capital stock so that sufficient augmentation and <br />replacement water will be available to cover projected depletions <br />associated with water usage within. the Cragmont, Mountain Park <br />Homes, Buffalo Meadows and Homestead Subdivisions. As a term and <br />condition of this decree, Buffalo Park shall close on the purchase <br />of sufficient shares of MMRC stock !to receive delivery of 7.874 <br />. acre .feet of firm yield consumptive ,use water per year as defined <br />herein from the following water rights and storage facilities <br />which MMRC holds for the benefit of its shareholders: <br /> <br />a. Harriman Ditch. 7.71 shares of the 400 shares of <br />capital stock (1.93%), issued and outstanding in the <br />Harriman Ditch Company. Said company owns direct flow water <br />rights decreed to the Harriman Pitch. Pursuant to the Decree <br />entered in Civil Action No. 6832, on February 4, 1884, the <br />Ditch was awarded the following, direct flow priorities: <br /> <br />Appropriation <br />Date <br />April 15, 1868 <br />March 16, 1869 <br />May 1, 1871 <br />March 1, 1882 <br /> <br />Priority <br />No. <br />21 <br />23 <br />25 <br />30 <br /> <br />Source <br />Turkey Creek <br />Bear Creek <br />Bear Creek <br />Bear Creek' <br /> <br />Amount <br />10.75 cfs <br />7.94 cfs <br />25.54 cfs <br />12.87 cfs <br /> <br />MMRC . <br />Entitlement <br />0.2072 cfs <br />0.1530 cfs <br />0.4923 cfs <br />0.2481 cfs <br /> <br />The Bear Creek headgate of th~ Harriman Ditch is located on <br />the South bank of Bear Creek in the NE 1/4 NE 1/4, section 2, <br />Township 5 South, Range 70 West, 6th P.M., Jefferson County, <br />Colorado. The Turkey Creek headgate of the Harriman Ditch is <br />located on the South bank of Turkey Creek near the Southwest <br />. corner of Section 6, Township 5 South, Range 69 West, 6th <br />P.M., Jefferson County, Colorado. The Ditch was originally <br />decreed for irrigation, livestock watering, domestic and <br />municipal purposes. <br /> <br />; <br />j <br />The 7.71 shares described herein include 3.00 shares utilized <br />on the Robertson Farm, locatecl in the NE 1/4 of Section 11, <br />and the NW 1/4 of Section 12, Township 5 South, Range 69 <br />West, 6th P.M.; 1.63 shares utilized on the Nielsen property, <br />located in the SW 1/4 of Section 11, Township 5 South, Range <br />69 West, 6th P. M.; and 3.08 shares used on the Belquince <br />property, located in the SW i1/4 of Section 11, Township 5 <br />South, Range 69 West, 6th P.~., all as depicted on the map <br />attached as Exhibit "B." <br /> <br />6 <br /> <br />. <br />