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<br />December 1 , 2002
<br />
<br />Report of the Colorado State Engineer
<br />
<br />Offset Account Operations
<br />
<br />November 1, 2001 to October 31, 2002
<br />
<br />An Offset Account in John Martin Reservoir was authorized by the Resolution Concerning
<br />an Offset Account in John Martin Reservoir for Colorado Pumping dated March 17, 1997
<br />("Resolution") and by the Resolution Concerning an Offset Account in John Martin
<br />Reservoir for Colorado Pumping As Amended March 30, 1998 ("Amended Resolution").
<br />
<br />This report summarizes the operations conducted using the Offset Account for the period
<br />November 1,2001 through October 31,2002 and has been prepared pursuant to paragraph
<br />11 of the Amended Resolution,
<br />
<br />At 0000 hours, November 1, 2001 the Offset Account contained 2667.39 acre-feet. From
<br />November 1,2001 through October 31, 2002 there were deliveries to and releases from the
<br />Offset Account as summarized in the tables below. On March 31,2002,500 acre-feet of fully
<br />consumable water was delivered to the Offset Account to satisfy the Storage Charge
<br />prerequisite for using the account for another year. Copies of the correspondence describing
<br />this delivery are included in Section 3.
<br />
<br />In Section 1, a monthly summary of the contents of the Offset Account is provided in Table
<br />1. A summary of the subaccounts of the Offset Account is provided in Tables A through B.2,
<br />The outline preceding the tables in Section 1 provides an explanation of the purpose of each
<br />subaccount.
<br />
<br />Section 2 of this report contains the daily accounting records, by month, for all subaccounts
<br />in the Offset Account.
<br />
<br />From November 1, 2001 through October 31,2002, there were seven deliveries of water to
<br />the Offset Account. including the delivery of 500 acre-feet of fully consumable water to satisfy
<br />the Storage Charge. These deliveries are summarized in the following table.
<br />
<br />Source Delivery End Date Amount to Offset Net Consumable Net Return Flow
<br /> Accounl(ae-It) Water ~(ac,lt) Water (ae-Itl
<br />LAWMA (Article II) March 31, 2002 844,10 500.00 344,10
<br />LAWMA (PBWW May 24, 2002 1959,97 1959,97 0,00
<br />consumable)
<br />Hvde (Article II AUQust 2, 2002 1000,00 637.40 362,60
<br />LAWMA (Article III AUQust 10, 2002 5000,00 2961,90 2038,10
<br />Sisson (Article II) August 16,2002 1890,00 1044,30 845,70
<br />Fort Lvon (Article III) Seotember 6, 2002 705,60 371,60 334,00
<br />LAWMA (Highland Canal October 31, 2002 1137,65 1137.65 0,00
<br />Shares)
<br />TOTALS 12537,32 8612,82 3924,50
<br />
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