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v.7-LV- IQ , V%3 VJrIVI, <br />_ . '^ . .. `til . _..._....... t ?.11...1?.? <br /> <br />k. <br />(a) A payment of $750 for each acre-foot of water, up to 10 acre-feet, firs <br />delivered in 1994; such payment to be due and payable on or before March 31,199 <br />(the following year); -• ••• • ; - <br />(b) Additional payments of $750 for each additional acre-foot of water (up <br />to bout the ultimate total quantity of 100 acre-feet and full payment of $75,000) first <br />delivered in any subsequent years to the County at the County's request; such <br />payments to be due and payable on or before March 31st of the year following the <br />year the water is first delivered; <br />(c) Provided however, that, regardless of the actual quantity of waters <br />delivered and-conveyed on or before December 31, 2003, any remaining balance of <br />the $75,006 total compensation to be paid by the County to Platte River under this <br />Agreement, shall be deemed due and payable by the County on or before March 31, <br />2004. Notwithstanding the foregoing, the County may at its option based on its <br />augmentation needs, elect to purchase a lesser amount than 100 acre-feet of said <br />waters. In which case. the County shall so notify Platte River and,the final amount <br />due Platte River shall be adjusted accordingly on the basis of $750/acre-foot for this <br />annual delivery; provided that such written notice shall be given by December 31, <br />mutual a <br />reement <br />or later b <br />1998 <br />g <br />y <br />. <br />, <br />(3) The water conveyances, releases, and deliveries of water rights as Q?roEsd& I mqs <br />outlined in this AGREEMENT will cammence4wm-, 19 an be er etual s ?s ??? <br />long'as Platte River's Rawhide T.nergy Station and are operative. Cpttih? <br />Upon the termination of operations of Platte River's Rawhide Energy Station or th bye <br />termination of Earimer County's ownership of the Strang Pit or the dissolution of <br />either signatory entity, the parties agree to mutually undertake to pass the ability to <br />maintain the rights herein described to the successor entities and/or owners. <br />Dated: TV WE* . I 1Y , 199 -L <br />I'Y.ATTIr rrVER POWER AUTHORITY <br />by. ` <br />Ge al Manager <br />ATTEST: <br />By; J'6W6 <br />Assistant Seca ary <br />COUNTY, <br />ATTEST1.7 <br />BY.