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<br />RIO GRANDE COMPACT
<br />
<br />ARTICLE V
<br />If at any time it should be the unanimous finding and determination of the Commis-
<br />sion that because of changed physical conditions, or for any other reason, reliable records
<br />are not obtainable, or cannot be obtained, at any of the stream gaging stations herein
<br />referred to, such stations may, with the unanimous approval of the Commission, be aban-
<br />doned, and with Such approval another station, or other stations, shall be established and
<br />new measurements shall be substituted which, in the unanimous opinion of the Commis-
<br />sion, will result in substantially the same results so far as the rights and obligations to deliver
<br />water are concerned, as would have existed if such substitution of stations and measure-
<br />ments had not been so made. (Note: See Resolution of Commission printed elsewhere in
<br />this report.)
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<br />ARTICLE VI
<br />Commencing with the year following the effective date of this Compact, all credits
<br />and debits of Colorado and New Mexico shall be computed for each calendar year; pro-
<br />vided, that in a year of actual spill no annual credits nor annual debits shall be computed for
<br />that year.
<br />
<br />In the case of Colorado, no annual debit nor accrued debit shall exceed 100,000
<br />acre feet, except as either or both may be caused by holdover storage of water in reservoirs
<br />constructed after 1937 in the drainage basin of the Rio Grande above Lobatos, Within the
<br />physical limitations of storage capacity in such reservoirs, Colorado shall retain water in
<br />storage at all times to the extent of its accrued debit.
<br />
<br />In the case of New Mexico, the accrued debit shall not exceed 200,000 acre feet at
<br />any time, except as such debit may be caused by holdover storage of water in reservoirs
<br />constructed after 1929 in the drainage basin of the Rio Grande between Lobatos and San
<br />Marcial. Within the physical limitations of storage capacity in such reservoirs, New Mexico
<br />shall retain water in storage at all times to the extent of its accrued debit. In computing the
<br />magnitude of accrued credits or debits, New Mexico shall not be charged with any greater
<br />debit in anyone year than the sum of 150,000 acre-feet and all gains in the quantity of water
<br />in storage in such year,
<br />
<br />The Commission by unanimous action may authorize the release from storage of
<br />any amount of water which is then being held in storage by reason of accrued debits of Col-
<br />orado or New Mexico; provided, that SUch water shall be replaced at the first opportunity
<br />thereafter.
<br />
<br />In computing the amount of accrued credits and accrued debits of Colorado or
<br />New Mexico, any annual credits in excess of 150,000 acre feet shall be taken as equal to
<br />that amount.
<br />
<br />In any year in which actual spill occurs, the accrued credits of Colorado, or New
<br />Mexico, or both, at the beginning of the year shall be reduced in proportion to their respec-
<br />tive credits by the amount of such actual spill; provided that the amount of actual spill shall
<br />be deemed to be increased by the aggregate gain in the amount of water in storage, prior to
<br />the time of spill, in reservoirs above San Marcial constructed after 1929; provided, further,
<br />that if the Commissioners for the States having accrued credits authorize the release of part,
<br />or all, of such credits in advance of spill, the amount so released shall be deemed to consti-
<br />tute actual spill.
<br />
<br />In any year in which there is actual spill of usable water, or at the time of hypothet-
<br />ica/ spill thereof, all accrued debits of Colorado, or New Mexico, or both, at the beginning of
<br />the year shall be cancelled.
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