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<br />"-' <br />c.] <br />~ <br /> <br />c <br /> <br />A third possible water marketing mechanism would be to install a phone line and answering <br />machine in the ditch company office which could be used for individuals to call in and leave <br />messages regarding water or reservoir space for lease or any interest they may have in <br /> <br />obtaining water or reservoir space. Some transcription of phone messages would be required <br /> <br />in order to keep an official record of water availability. Transcription of messages would be <br /> <br /> <br />most easily handled by ditch company personnel working in the ditch company office. It would <br /> <br /> <br />be the responsibility of individual shareholders to communicate with the ditch company. Deals <br /> <br /> <br />for leasing water or reservoir space would be made by Individual shareholders and the ditch <br /> <br /> <br />company would then be notified. <br /> <br />All lease arrangements could be either partial or full season arrangements and could be made <br /> <br />at any time during the irrigation season. Details of water or reservoir space leasing agreements <br /> <br /> <br />could vary from deal to deal or could be structured under a uniform pricing policy. <br /> <br />In adopting a water marketing mechanism, the ditch company should carefully consider the <br /> <br /> <br />amount of involvement they wish to have in leasing arrangements and how much should be left <br /> <br /> <br />to shareholders. Bylaw modifications may be required to allow implementation of the adopted <br /> <br /> <br />water marketing mechanism. <br /> <br />Summary <br /> <br />This report summarizes supplemental work conducted as part of the San Miguel Praiect Water <br /> <br /> <br />Supply Study to develop revised system operating plans for the Farmers' Water Development <br /> <br /> <br />Company and the Lone Cone Ditch and Reservoir Company. The focus of this work was to <br /> <br /> <br />develop potential modifications to system operating rules and procedures such that better use <br /> <br /> <br />of the limited water resources available can be made. <br /> <br />13 <br />