BOARD01989

• Board Meeting Date: 5/24/2004
• Description: ISF Section - Upper Gunnison River Water Conservancy District, Case Nos. 4-02CW294 and 4-03CW107, Injury with Mitigation Proposal
• Board Meetings - Doc Type: Memo

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.\fl'ndlOfI /.ah' Nt'\t'n'lIlr !ouklll!.! SUlIlIl/oul.1rd fht' tuwn fll ('re.'ll'd HUff!',

Following Tntmths or nC'gollallon. the LJprcr CiUIlI1l:<.ll!1 DIstrICt C'lltert..'d !nltl a ('(\ntracl 10
purchase the re<;,l'r\Olf from ~lr Rozman In March. 200; The purchase price IS 5750,UOO Qll. tx\seu
upon an engmeerlng analysIs that lht,.' resC'rHHr's current firm ~ IdJ IS arpro\lmatd~ IiftY.1cn.:-ll:c:t
per Yl.'ar Up~.ln S<lllslaClum llf prdllntnary l.:on<.1ItIOI1S, Ihe- Dlstnct pauJ f-.1r RllLrnan S 175.000 OU
as 1l00Hl..'funJahk earnc:st mlmt,.'~ [(1 kC'\.'p the purchasl.' agreement 111 dfccl f(lr 0111..' ~....ar Thl.' DISIrH.:t
ma~ t:'\h:nJ lhl..' closmg oal!,.' 1i.1T up to 1\\0 aJdltu)!1al years. 111 Ihn..'t>rnor1lh lnCrCrllC'!1h, h~ paYing
an adJl1lOnal S32.500 00 In non-rL'fundahh:camc~1 mlln\.'~ rcrquanl..'r ()nc ~uch pa\ In\.'nt \~a!<i made
on fo.farL'h, ~O()..J !OC\.k'nJ thl' contract until Jun\.' l-l, ~OU..J AI Cl{l~lng, all aJ\ances \~111 he applied
10 Ihl.." pure has\.' prH:1..'

I'hl.." hltal CO~I of a(ljul~ll1l11l (If the r.:scn\\lr. In\.:ludlllg kg-al and I.."nglll\.'l.."flll!! ICI.."~ and
Impnl\ I.."m\.'nt.. 10 thl.: dam and outlet \\tIrks n..'qum.:d 0\ thl.." Stall' Inglnce:T. 1<" \.'sllJnatl'd 10 01.'
arpru\lrnal.:l~ ) 1,-lIlt).OOO 00

Dunng thl' one: \\.'aq",,:TloJ ~glnnlng In \Iarch. ~(J()~ thl." l rr~:r( lunm'\ln Dl..trlct ha.. Ocl."n
l."llgagl.'J In JUI.' dlllgl.."nce actl\llll.."" rn:rarilto~ II) dU'lI1g thl.." rurl'"ha..r: \.lfthe r~:..L'r\tllr In lhal
rcrll)J. thr: ( rr\l..'r liunm,on [)1~1rH:1 \lht;lln\.'J the flrll1 \1I...IJ anah'l" "hll.'h dl.'linc'lhl'" quanlll\ \11"