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. k <br />provision by providing written notice to Lessee no later the date of expiration. In <br />the event that the first one year extension option is exercised, but MMRC <br />determines it cannot accommodate the second one year extension, NFA shall also <br />have the right to cancel the second one year option provision by providing written <br />notice to Lessee no later than the date of expiration of the first extension. <br />d. Responsibilities of the Parties: The Lessee shall have the responsibility of <br />notifying Lessors when all or a portion of the water described herein is to be <br />released to the South Platte River or Bear Creek/Turkey Creek from any of the <br />above described facilities. To the extent physically possible, Lessors agree to <br />make said water available, at those times and at rates previously agreed upon or as <br />requested by the Water Commissioner. Notification of the requested release must <br />be received between 8:00 A.M. and 5:00 P.M. Monday through Friday. Water <br />availability is subject to the down stream calls and the exchange potential on the <br />South Platte River, Bear Creek and/or Turkey Creek. Lessee is responsible for the <br />stream losses from the point of release to the point of exchange at the rate of <br />0.13% per mile. <br />Lessors shall have the responsibility of coordinating its water rights to see that all <br />requests for water are met and will determine from which facility the water shall <br />be released. <br />e. Notice: Whenever the terns of this Agreement require notice to be given to <br />Lessors or Lessee, said notice shall be sufficient if given verbally to: <br />Mountain Mutual Reservoir Co. <br />2525 S. Wadsworth Blvd., #306 <br />Lakewood, CO 80227 <br />303 989 6932 <br />Justin Clare <br />A C Concrete & Material Co. <br />PO Box 1 <br />Florissant, CO 80816 <br />719 748 3805 <br />DATED this I day of ?d? , 2005. <br />5 <br />A C CONCRETE & MATERIAL CO.