2009-04-03_HYDROLOGY - M2000082

• Permit No: M2000082
• IBM Index Class Name: HYDROLOGY
• Doc Date: 4/3/2009
• Doc Name: Combined Replacement Plan
• From: OSE
• To: Applegate Group, Inc.
• Permit Index Doc Type: Hydrology Report
• Email Name: JLE
• Media Type: D
• Archive: No

EXCHANGE AGREEMENT

This Agreement ("Agreement") is entered into this aa"4day of
h, 1998, between.Camas Colorado, Incorporated, an Indiana
corpo ation,??( Camas ) and the City of Westminster, ("Westminster"
or the "City").
WHEREAS, Westminster is a municipal corporation in the State.
of Colorado that provides water and sewer services to individuals
located within the Westminster Water Service Area;
WHEREAS, Camas Colorado, Incorporated is a corporation of the
State of Indiana and owns and operates Cooley Gravel Company in
Colorado. Cooley Gravel company is a wholly owned subsidiary of
camas engaged in certain mining activities in the State of Colorado
("Cooley")
WHEREAS, Cooley is the owner of the following water rights:
(a) 7.5 shares
Reservoir and Irrigation
delivery purposes to the
Number 6974;
Company,
and 48;
of the capital stock in the Farmers
Company ("FRICO") assigned for.water
Standley Division, Share Certificate
(b) 31 shares of the capital stock in the Manhart Ditch
Replacement Certificate for lost certificates Numbers 43
(c) 40.875 shares of the capital stock of the Wellington
Reservoir Company, Share Certificate Number 1272; and
(d) 8.715 of capital stock of the
Burlington
Ditch Reservoir4 and Land aCompany,hShare Certificate Number 3576.
3576.
Within fifteen (15) days of execution of this Agreement; Camas
will cause Cooley to execute and record a quit claim deed and
assignment of share certificates formally transferring Cooley's
interest in the water rights identified above to Camas. The Water
Rights identified herein shall thereafter be referred to
collectively as the "Camas Water Rights";
WHEREAS, Camas is the owner of approximately 30.69 acres of
land, more or less, located in the SEN of Section 7, Township 3
South, Range 68 West of the 6th P.M., Adams Count
particularly described in the legal description attached heretooas
Exhibit A (the "Camas Lands");
WHEREAS, in connection with the operation of its municipal
water service system, Westminster owns certain water rights that
yield water that has been decreed to be fully consumable.
Moreover, in connection with the operation of its municipal water