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Table 4-1 <br /> Summary of Comparable Water Rights Sales and Leases <br /> Incidental Water Rights Valuation <br /> Climax Molybdenum Company <br /> Columbine Ditch <br /> Description: Columbine Ditch transbasin from Colo River basin to Ark River basin <br /> Seller: Pueblo <br /> Buyer: Aurora(2/3),Climax(1/3) <br /> Year of Sale: 2009 <br /> Purchase Price: $30.23 million <br /> Avg Ann Yield(AF): 1,337 <br /> Cost/AF: $22,610 <br /> (a)2009 CPI: 208.548 <br /> (a)2019 CPI: 264.147 <br /> 2017 CPI Adj Price/AF: $28,638 <br /> CRWCD Leases <br /> Description: Colorado River Sources(primarily Wolford and Ruedi Reservoirs) <br /> Lessor: Colorado River Water Conservation District <br /> Lessee: Various <br /> Year of Lease: 2019 <br /> Annual Lease Rate/AF $373.5 <br /> Term of Lease: 40 years plus 35 <br /> 2019 Present Value/AF: $12,991 <br /> Vail Ditch Purchases <br /> Description: Shares in Grand County Irrigated Land Company(Vail Ditch) <br /> Seller: Scott and Tina Holly <br /> Buyer: GCMDRC <br /> Year of Sale: 2008 <br /> Purchase Price: $2.6 million for 85.5 shares <br /> Avg Ann Yield(AF): 195 <br /> Adjustment for Storage: Total shares in Vail Ditch: 400 <br /> Storage in Meadow Creek Reservoir:850 AF <br /> Storage associated with 85.5 shares: 181.69 AF <br /> Assumed storage available for regulation:90.84 <br /> Assumed value of storage:$5,500 per acre-foot <br /> Assumed value of 90.84 acre-feet of storage: $ 499,642 <br /> Adj Purchase Price: $ 2,100,358 <br /> Adj Price/AF $10,771 <br /> (a)2011 CPI: 220.288 <br /> (a)2019 CPI: 264.147 <br /> Spronk Water Engineers, Inc. Sheet 1 of 2 <br />