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<br />I <br /> <br />I <br /> <br />I <br /> <br />The total decreed amount that the City is legally entitled <br />to divert on an absolute basis is approximately 23,673 acre-feet per <br />year with additional decrees on a conditional basis for approximately <br />3,040 acre- feet per year. These are the so called "paper rights". Of <br />this amount, approximately 20 percent, or about 5,075 acre-feet, are <br />estimated to be potentially available as a supply for future use by the <br />City. The amount that can actually be used for municipal purposes is <br />further restricted by the capacities of the pipelines between the <br />source and the distribution system. These capacities will be establish- <br />ed in the next section of this report. <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />Much of the water that is available for use by the City <br />for municipal purposes may be used for irrigation on the City <br />Ranch instead. If the City were to divert the full amount potentially <br />available at the pipeline intakes as a supply for municipal use, the <br />ranch would have limited value as an agricultural investment. <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />II - 36 <br /> <br />I <br />