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BOARD02386
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BOARD02386
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Last modified
8/16/2009 3:15:04 PM
Creation date
10/4/2006 7:14:37 AM
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Board Meetings
Board Meeting Date
3/8/1972
Description
Agenda or Table of Contents, Minutes, Memos
Board Meetings - Doc Type
Meeting
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<br />MR. CORNELIUS: <br /> <br />MR. SPARKS: <br /> <br />MR. NELSON: <br /> <br />MR. SPARKS: <br /> <br />MR. NELSON: <br /> <br />MR. KROEGER: <br /> <br />MR. PICKREL: <br /> <br />MR. SPARKS: <br /> <br />MR. KROEGER: <br /> <br />MR. SPARKS: <br /> <br />MR. KROEGER: <br /> <br />dollars will be e~pended. As I see it now, the <br />lawyers should profit greatly by this extended <br />litigation. We have already expended from our <br />own budget some forty thousand dollars in con- <br />nection with this lawsuit. Any questions con- <br />cerning this?" <br /> <br />"Larry, didn't I see somewhere that the <br />plaintiffs were having trouble raising money <br />too? '1 <br /> <br />"I didn't see that." <br /> <br />"The Sierra Club . . <br /> <br />" <br /> <br />"There will be another <br />Times saying, 'Save Rainbow <br />money.' They'll get it." <br /> <br />ad in the New York <br />Bridge. Send us <br /> <br />"They did." <br /> <br />"Any other comment regarding Rainbow <br />Bridge?" <br /> <br />"What is the water level in Lake Powell at <br />the present time?" <br /> <br />"At the present time, some three hundred <br />feet into the monument. It has had around <br />14,000,000 acre feet in it. Which means , if <br />they win this suit, we have three or four <br />million feet of water that we will have to give <br />away to the Lower Basin. That is in excess of <br />our compact commitment." <br /> <br />"That will be part of our ten-year moving <br />average though, won't it?" <br /> <br />"Yes, but it is wiped out, of course, if it <br />is not necessary. We don't get any credit for <br />excess deliveries. Each year wipes out the pre- <br />ceding nine years. We only get credit within <br />that ten-year period." <br /> <br />"I understand from our attorney that we <br /> <br />-72- <br /> <br />I <br /> <br />I <br />
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