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<br />i <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />2. Water Use <br /> <br />Water stored in the two Santa Maria Reservoir Company (SMRC) <br />reservoirs is reserved for stockholders of the company and may be used <br />for irrigation purposes only (groundwater recharge is also permitted). <br />The water is usually released from storage in July and August to <br />"finish crop irrigation" when the Rio Grande River unregulated flow <br />diminishes. Earlier in the irrigation season, SMRC stockholders uti- <br />1 i ze di verted fl ow from the Ri 0 Grande River under the adjudi cated <br />diversion rights of the Rio Grande and Monte Vista Canals. <br /> <br />Usually, all available inflow into the reservoirs is stored during <br />the period November through March, and at other times under the adju- <br />dicated storage rights. <br /> <br />C. Water Rights <br /> <br />The purpose of the Santa Maria and Continental Reservoirs, which <br />are owned by the Santa Maria Reservoir Company (SMRC), is to provide <br />water to shareholders of the SMRC for late summer irrigation. Water <br />is transported to the shareholders through the Rio Grande Canal and <br />Monte Vista Canal by agreement with the respective canal associations. <br /> <br />The SMRC has the water rights shown in Table IV-4. <br /> <br />1. Water Rights Effects on Availability <br /> <br />These storage decrees are affected by admi ni strati on of the Ri 0 <br />Grande Compact. Both reservoi rs qualify as "pre-Compact" reservoi rs <br /> <br />IV - 8 <br />