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<br />.... .... - . <br /> <br />40 <br /> <br />15. Attention is directed to a statement in the middle .of Page 38, reading: <br /> <br />"Such contracts should include provisions for the right of renewal thereof <br />once or more than once under stated terms and conditions mutually agreeable to the <br />parties and subject to increase or decrease in . rates corresponding to increase <br />or decrease of cost-of construction and of operation, maintenance or improvement <br />cr deterior.ation in the pa~"IIlent ability of the water users." <br /> <br />I <br /> <br />This sentence must be reconciled with the existing Colorado law which is set forth <br />in Chapter 266 of the Session Laws of Colorado 1937, being Section 19 thereof, which <br />requires the petition for allocation of vmter filed by the water user and addressed to <br />the Conservancy District to contain therein the cp~rge to b~ imposed for each acre-foot <br />of wa tor. The statute requires the petition to contain the following: (1) name of <br />applicant, (2) quantity of water to be purchased or otherwise acquired, (3) descriptions <br />of lands up,on which the water will be used ~~d attached, (4) price per acre-foot to be <br />paid, (5) .mether payments will be made in cash or annual installments, (6) agreement <br />that the annual installments and the Charces for maintenance and operating shall become <br />a tax lien upon the lands for which such water is petitioned and allotted Imd'to be bound <br />by the provisions of ~~is ~ct and the rules and regulations of the Board. Vmile it was <br />contemp~ated initially that the price per acre-foot would be fixed, such as, in the case <br />of the Colorado-Big Thompson Project, $1.50 per acre-foot, it is believed that this <br />statutory provision can be complied with by stating the price per acre-foot shall be <br />not less than $ nor more than$ " <br /> <br />Respectfully submitted <br /> <br />/s/ Dan Thornton <br />Governor, State of Colorado, and <br />. E;x-;Officio .Chairman of .th.e . <br />Colorado Water Conservation Board <br /> <br />/s/ Clifford H. Stone <br />Director, Colorado Vlater <br />Conservation Board <br /> <br />was <br />~ <br /> <br />Without further discussion a vote was taken and the motion unanimously carried and <br />declared adopted. <br /> <br />The Board proceeded to consider Item 9 on the agenda "Report on Progress of Organi- <br />zing a Poli~ and Review Committee on the Gunnison River Storage as a Part of the Colorado <br />River Storage Project. <br /> <br />Director Stone announced that on the day of the meeting (August 6) he had received I <br />notificatiop on the appointment to the Policy and Review Committee, Gunnison River <br />Storage, of the representative of the Colorado !liver \tater vonservation District Board. <br />The representative selected by tliat Board Was Silmon Smith of Grand Jth'1ction, Colorado. <br />With this selection, the Director explained, the personnel of the committee, as originally <br />set up by the Board, vms complete and as follows: <br />