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<br />e <br /> <br />WHEREAS, Ruedi Reservoir, located on the Fryingpan River above the town of Basalt, was <br />authorized and constructed as a feature of the Fryingpan-Arkansas Project; and <br /> <br />WHEREAS, the regulatory capacity of Ruedi Reservoir is that portion of the Reservoir's total <br />capacity which is not needed for the storage of water to permit Project diversions at times when <br />such diversions could not otherwise be made because of simultaneous demands of senior <br />diversions in western Colorado, existing at the time of the adoption of the operating principles; <br />and <br /> <br />WHEREAS, the operating principles provide that water stored in the regulatory capacity of <br />Ruedi Reservoir may be sold or leased by the United States to water users in Colorado for any <br />purpose recognized by the laws of the United States; and <br /> <br />e WHEREAS, the Supplemental Decree for the Fryingpan-Arkansas Project entered by the <br />Garfield County District Court, Colorado, in Civil Action 4613 on August 3,1959, allows water <br />stored in the regulatory capacity of Ruedi Reservoir to be sold or leased by the United States to <br />water users in western Colorado for any purpose recognized by the laws of the United States; <br />and <br /> <br />WHEREAS, the Board is authorized by Section 37-92-102(3), Colorado Revised Statutes, to <br /> <br />acquire by lease from any person, including any governmental entity, such water or interests in <br /> <br /> <br />water as the Board determines may be required for minimum streamflows to preserve the natural <br /> <br /> <br />environment to a reasonable degree and to take whatever action may be needed to ensure such <br /> <br /> <br />minimum streamflows remain in the river; and <br /> <br />WHEREAS, pursuant to Sections 37-92-301 and 501, Colorado Revised Statutes, the State <br />e Engineer's Office is responsible for the administration and distribution of the waters of the State, <br /> <br />3 <br />