1977-09-29_PERMIT FILE - M1977315

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• I ' corn which has overlapped the boundary line between the parcels of land which were included in and excluded from the trans- - action. The distribution of land uses within the original 863-2-acre parcel is shown in Table 1 . I, The water rights conveyed to Bestway Paving Company are documented in Exhibit 4, which is a portion of the deed of trust. Water rights acquired by Bestway are a portion of !' the totality of water rights which have historically been utilized for the irrigation of the 46.2 acres within the f' 8611-acre parcel. A summary of the distribution of the water ' rights between the two parcels of land is as follows: Conveyed to Retained by Total Histori- Bestway in Seller cally Used on Deed of Trust 86h-acre tract Greeley-Loveland Irrigation Co. 3 shares 2'h 511 shares Lake Loveland 1 right 0 1 right t E Seven Lakes Reservoir & Irrigation Co. 3; shares 3/4 4 shares L' In addition to the water rights owned by the seller and historically used on the entire parcel , supplemental rights have occasionally been transferred on a seasonal basis , either from other par-ties or from other lands owned by the seller. Examination of delivery records in the office of the Greeley- Loveland Irrigation Company provides the information regarding Atotal water deliveries to the parcel that is summarized in Table 2. The difference between water ordered out of storage and water delivered to the farm is conveyance loss in the delivery L system. This loss is estimated by the Greeley-Loveland Irrigation LO Company as 22% on a system-wide average for the main canal , but only 20% for customers on the extremities of the main canal as ' is the case with the subject parcel of land. In addition to delivery losses on the main canal, .conveyance losses in the ' Grapevine Lateral , which delivers the water from the main canal to the- actual site, are estimated as 5% of the water delivered. -10- L.