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<br />.. .'~~'"' <br />.' <br /> <br />. <br /> <br />. <br /> <br />/ <br />// <br /> <br />accordingly determined not to file a statement of opposition <br />to the Application. <br /> <br />COVENANTS <br /> <br />'< <br /> <br />1. In order provide to the Applicants certainty <br />in the use and administration of their water rights, and in <br />consideration of $100.00 paid by the Applicants to the Board <br />and other good and sufficient consideration, the receipt and <br />sufficiency of which are hereby acknowledged, the Board <br />hereby agrees not to place a priority call for the benefit <br />of the Minimum Flow Rights on the water rights, conditional <br />water rights, and appropriative rights of exchange described <br />in the Application. The Board further acknowledges that <br />said Application will not result in material injury to the <br />Minimum Flow Rights. <br /> <br />2. The Applicants agree that this Stipulation <br />shall be effective only as to the amount and timing of <br />depletions to Pass Creek and the South Fork which result <br />from the water rights, conditional water rights, and <br />appropriative rights of exchange described in the <br />Application. Nothing in this Stipulation shall affect any <br />future appropriations by any party hereto. The Applicants <br />agree to furnish to the Board, at the Board's written <br />request, copies of all records pertaining to actual <br />diversions, water consumption, and effluent discharges <br />associated with the project which are maintained pursuant to <br />any decree approving the Application. <br /> <br />Dated this <br /> <br />day of <br /> <br />, 1987. <br /> <br />LEAVELL-MCCOMBS JOINT VENTURE <br />WOLF CREEK SKI CORPORATION <br /> <br />By: <br />Charles B. White, No. 9241 <br />KIRKLAND & ELLIS <br />1999 Broadway, Suite 4000 <br />Denver, Colorado 80202 <br />(303) 291-3000 <br /> <br />COLORADO WATER CONSERVATION BOARD <br /> <br />By: <br /> <br />ATTEST: <br /> <br />CBW459I. <br /> <br />-2- <br />