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2025-04-14_HYDROLOGY - M1989120
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2025-04-14_HYDROLOGY - M1989120
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Last modified
4/16/2025 11:17:59 AM
Creation date
4/16/2025 10:36:17 AM
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Template:
DRMS Permit Index
Permit No
M1989120
IBM Index Class Name
Hydrology
Doc Date
4/14/2025
Doc Name
Substitute Water Supply Plan
From
Division of Water Resources
To
DRMS
Email Name
JPL
JLE
Media Type
D
Archive
No
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Lease of GIC Shares <br /> This water lease is by and between Holcim-WCR, Inc. ("Holcim")and Pat Arnold("SHAREHOLDER"),sometimes <br /> collectively referred to as "the Parties". <br /> WHEREAS SHAREHOLDER owns 3 shares in the Greeley Irrigation Company(GIC),as evidenced by <br /> Certificate Nos.2455 and 2476, and <br /> WHEREAS SHAREHOLDER desires to rent out their GIC shares for the 2025 irrigation season;and <br /> WHEREAS Holcim operates a combined substitute supply plan (CoSSP)for its various gravel pits approved <br /> by the Division of Water Resources in accordance with C.R.S. §37-90-137(11);and <br /> WHEREAS Holcim desires to rent GIC shares for 2025 irrigation season to be used as a replacement supply <br /> in their CoSSP; <br /> NOW THEREFORE,in consideration of the foregoing, it is agreed as follows: <br /> 1. SHAREHOLDER will lease to Holcim their 3 GIC shares for the 2025 irrigation season,with the shares to be <br /> delivered to the 41h Street Augmentation Station on the ditch to return the water associated with the <br /> shares to the river in order to generate replacement credit on behalf of Holcim during the entire 2025 <br /> irrigation season. <br /> 2. The water leased to Holcim is for the exclusive use by Holcim and shall not be leased or conveyed to <br /> others except by written permission from SHAREHOLDER. <br /> 3. Holcim will pay the cost of the 2025 assessments on SHAREHOLDER's behalf for the 3 GIC shares,at a rate <br /> of up to$550(FIVE HUNDRED FIFTY DOLLARS) per share,which is up to$1,650 total for all three shares. <br /> Payment will be made directly to the GIC. SHAREHOLDER will be responsible for payment of any <br /> assessments in excess of the maximum$550 per share paid by Holcim. Payment will be made by Holcim <br /> within thirty days following the date that the GIC determines the 2025 assessment rate. This payment <br /> shall be nonrefundable and is not contingent upon Holcim's actual usage of the water. <br /> DATED this day of 20 <br /> Holcim-WCR, Inc. Pat Arnold (PoA for Dorothy Mae Arnold) <br /> m Signature: �,�` $ Signature: Walt Wright <br /> Date: / Date: 12/10/24 <br />
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