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<br />In view of the fact that Colorado-Ute has no <br />present need for such water, the . . . <br />Distict, after it has contracted for the sale <br />of an additional 9,000 acre-feet per annum, <br />will thereafter until such time as otherwise <br />notified by Colorado-Ute, use its best efforts <br />to resell such water to other users . . . . <br /> <br />The District estimates that 1,000 to 2,000 acre-feet may be <br />needed for municipal uses, while it is estimated that 4,000 <br />acre-feet will be used for irrigation. There are no agreements <br />or contracts in effect at this time for such deliveries. <br /> <br />proposed Financing <br /> <br />The District is proposing that financing for the project <br />come from three sources: <br /> <br />-2- <br />