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<br />D. It is the intent of the Board to utilize all or part of <br /> <br /> <br />this water in pursuance of the Board's Policy Statement of March 4, <br /> <br /> <br />1986, to pursue in~erim water supplies in an aggressive manner. <br /> <br /> <br />ROW THEREFORE, in consideration of the mutual covenants herein <br /> <br /> <br />contained it is agreed as folloHs: <br /> <br />1. DEFINITIONS: <br />a. The term -Reservoir- as used in this Agreement is <br />defined as either of the fallowing: <br /> <br />i. A dam and reservoir which the River District <br />will permit and constr~ct on Rock Creek. a tributary to the <br />Colorado River north ot McCoy, Colorado. which will be <br /> <br />built to a capacity of approximately 51.000 acre-feet; or <br /> <br />ii. A dam ano reservoir which the River District <br /> <br />will permit and construct on Muddy C:eek. a tributary to <br />tlfe-C01ot'ado R~ver-norih o"t Kr-ellllDlinq, 'Colorado, which will <br />be built to a capacity of approximately 50,000 acre-feet. <br />b. The term -water right(s): as used in this <br />Agreement is defined as any decree for the storage of water whlch <br />the River District owns or may obtain at the site of the Reservoir. <br />The River District will provide all water rights necessary for use <br />.. , <br /> <br />of the Reservoir in accordance with this Lease: <br /> <br />c. Any reference herein to the Reservoir or the <br />Project becoming .Operational. shall mean that const~uction of the <br />Reservoir has been completed and a quantity of water equal to 85 <br />percent of the capacity committed to Denver has been stored in the <br />