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Lease of Excess Augmentation Credits <br /> This water lease bby and between Holcinm-WCR, Inc. (^Hu|dm°)and 8uck|en Equipment[o.' Inc. ("Bucklen"), <br /> sometimes collectively referred toas °1hePmrties". <br /> VVHEREAS8mcWenopem1esaQrave| pitSubstituteVVaterSupp|VMan (SVvSP)fnrtheBwmWenPitapprmved <br /> by the Division of Water Resources in accorclance with C,R.S,§37-90-137(11);and <br /> WHEREAS under conservative assumptions the 2025 SWSP approval for the Bucklen Pit SWSP projects <br /> that the BocWen Pit SVVSPwiW have excess augmentation credit during the l02S plan approval period; and <br /> WHEREAS HoIcim operates a combined substitute supply plan (CoSSP)for its various gravel pits approved <br /> by the Division cf Water Resources in accordance with C.R.5. §37'90-137(11); and <br /> WHEREAS the Holcim CoSSP may require adcIftional augmentation credit during the 2025 irrigation <br /> season; <br /> NOW THEREFORE, in consideration of the foregoing, it is agreed as follows: <br /> 1� Bucklen will lease to Holcim as needed any excess augmentation credit it has available during the 2�25 <br /> irrigation season according to the 8uckKen Pit SWSP monthly accounting submitted to the Division of <br /> Water Resources. The amount of excess augmentation credit that will be available during the2O25 <br /> irrigation season is currently estimated tw equal the values below: <br /> 2. The water leased to Holcim is for the exc�usive use by Hoicirn and shall not be leased or conveyed to <br /> others except by written permission from BucNem. <br /> 3. The cost of the lease water shall be$100(ONE HUNDRED DOLLARS) per acre-foot. The volume ofwater <br /> leased by Holcim each month will be reported to Bucklen within,thirty days of the close of that month, <br /> Payment will be made byHo|dm within thirty days following the end mf the 2UZ5 irrigation season for all <br /> water leased. This payment shall be nonrefundable and is not contingent upon Holcim's actual usage of <br /> 1h*uvatec <br /> �� <br /> my m DATED this_�C�d f 2024. <br /> No|cinu'VV[R' |nc. Buck|en Equipment Company, Inc. <br /> ����t��ri��t���������""^` <br /> Signature; °'"" SiOmature�Date: Date: <br /> -' <br />