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<br />. <br />. <br /> <br />IMarcIl 26. <br /> <br />1993 <br /> <br />IsnVder Smith ~itch Co. <br />% Ban: Woodward <br />27444 ctv. Rd. Y <br />.snYder. CO 80750 <br /> <br />Dear Bart: <br /> <br />. <br /> <br />The Board of Directors of P~oneer Water and Irriaation Company <br />at their meetina of March 10. 1993 reviewed the request bv your <br />Iditch company to raise the runnina fees of recharae water from <br />$1.00 per acre foot to 51.25 per acre foot. The Board approved <br />the request. . <br /> <br />.AdditionallY. as an incentive to get the verv most from tile <br />auamentation decree. we offer the followina fee schedule: <br /> <br />I <br />I <br />I <br /> <br />PROPOSED PAYMENT SCHEDULE <br /> <br />pay Sl.25/AF for 1st 4500 AF <br />pav 1.50/AF for next 500 AF to 5000 AF <br />pay 1.75/AF for next 500 AF to 5500 AF <br />pav 2.00/AF for next 500 AF to 6000 AF <br />pav 2.25/AF for next 500 AF to 6500 AF <br />Dav 2.50/AF for next 500 AF to 7000 AF <br /> <br />.AS YOl.! can see. we are willlna to pay even more than ~s <br />currently beina requested. Please consider the arranaement and <br />cret back to us if vou need to discuss it further. Another ltem <br />Ithat came up in our meetina was that there seems to be a deslre <br />to have a joint meetina of Pioneer. Smith snyder and Tremont to <br />discuss the status of existina contracts. understandinas. and <br />Ipract~ces. We feel that :.:'\ell ., meetincr ",ould be very bene!lCldl <br />to all part~es. Let us know It you agree. <br /> <br />.Thank you for your continued cooperation. <br /> <br /> <br />ISinCerelY <br /> <br />IJaCk Odor <br />Secretarv/Treasurer <br />IPioneer Water 1', Irricration <br /> <br />I <br />