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4ppbratton o/Loveland Reach-,tilts Concrete,Inc. <br /> Page 3 <br /> Priority Appropriation Amount Ditch LRM Pro Rata <br /> Date Amount for 3 Shares <br /> No. 1 11/10/1861 96.5 cfs Big Thompson 1.47 cfs <br /> No. 40 4/15/1878 54.0 cfs Hillsborough 1.37 cfs <br /> No. 51 10/06/1881 45.69 cfs Hillsborough 1.16 cfs <br /> 63.31 cfs of Priority 1 originally decreed to the Big Thompson Ditch is now <br /> decreed to the Hillsborough Ditch.5.64 cfs of Priority No. 1 is separately owned <br /> in two deeded interests, and is not owned by the Consolidated Hillsborough <br /> Ditch Company. LRM claims no interest in these two deeded interests. The <br /> Consolidated Hillsborough Ditch Company owns 57.67 cfs of Priority No. 1 <br /> and all of Priority Nos. 40 and 51. Therefore, LRM owns pro rata interests in <br /> 57.67 cfs of Priority No. 1 and in all of Priorities 40 and 51. <br /> 5.1.2 Point of Diversion: Headgate of the Hillsborough Ditch, located in the <br /> SE 1/4 NW 1/4 of Section 21, Township 5 North, Range 68W of the 6th <br /> P.M., Larimer County, Colorado; <br /> 5.1.3 Source: Big Thompson River; and <br /> 5.1.4 Among other changed uses decreed for the Hillsborough Shares in the <br /> 09CW105 Decree, the Hillsborough Shares may be used for augmentation <br /> purposes at the Dunn Site to replace evaporation from unlined gravel pits <br /> and other depletions resulting from reclamation, production and <br /> processing and gravel mining and to replace out of priority depletions <br /> resulting from industrial, reclamation, irrigation, stock watering, <br /> recreation, fish culture and propagation, fishing, wildlife, aesthetic, fire <br /> protection, and all uses associated with gravel and rock mining including <br /> evaporation, dust suppression and production and processing losses with <br /> the right to totally consume the consumable portion of the water <br /> attributable to the historical consumptive use, either by first use, <br /> successive use or disposition. Water will be used directly, following <br /> storage in the Walters Reservoir No. 1, Walters Reservoir No. 2 and/or <br /> Bokelman Reservoir No. 1, by exchange, and for augmentation of out-of- <br /> priority diversions and depletions resulting from the above uses and as a <br /> source of substitute supply and out of priority depletions resulting from <br /> the "first fill"of gravel pits at the Dunn Site pursuant to an approved <br /> substitute water supply plan or a decreed augmentation plan. Water <br /> attributable to the Hillsborough Shares will be delivered to the Big <br /> Thompson River to augment out of priority depletions at the Dunn Site <br /> according to the terms of the 09CW105 Decree. <br /> 5.1.5 The historical consumptive use of the Hillsborough Shares was quantified <br /> in the 09CW105 Decree. The terms and conditions under which the <br /> Hillsborough Shares are used for augmentation purposes are set forth in <br /> the 09CW105 Decree and are deemed to be res judicata in future <br />