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<br />WHEREAS, 'use of the ~Reservoir for Compact purposes is <br /> <br /> <br />compatible wi~h use of the Reservoir by the District for <br /> <br /> <br />storage of its decreed water rights; <br />- \~EREAS, the use of the Reservoir for Compact purposes' <br />as conte~plated in this Agreement is predicated on the continua- <br />tion of the method of Compa~ administration which imposes on <br />the Rio Grande mainstem responsibility for satisfying the <br />schedule of deliveries set out in the second table of Article <br />III of the Rio Grande Compact; <br />WHEREAS, the Colorado General Assembly has expressed <br />its desire that the Reservoir be utilized to the fullest <br />extent possible to conserve water for the use of Colorado <br />citizens; <br />WHEREAS, the Cplorado General Assembly has appropriated <br />the sum of $619,500 to the Colorado Water Conservation Board <br />construction fund for disbursement by its agency, the Colorado <br />Water Conservation Boar~ (the "Board") toward the rehabilitation <br />of the Reservoir; <br />WHEREAS, the Colorado General Assembly has provided <br />that no funds from this nonreimbursable appropriation shall <br />be expended until the District ahd, the State Engineer, by an <br />Operating: Agreement, fix the terms and conditions by which <br />the Reservoir shall be utilized in aid of meeting the State <br />of Colorado's obligations under the Compact and Stay; <br />NOW THEREFORE, in consideration of the promises mutually <br />exchanged and of these presents, the State Engineer and the <br />District agree as follows: <br />1. Provision of Storaqe Space <br />The District agrees to provide storage space for <br />the term and to the extent hereafter provided in the Reservoir <br /> <br /> <br />to the State of Colorado, acting through the State Engineer, <br /> <br /> <br />for waters which otherwise the State Engineer would cause to <br /> <br />- 2 - <br />