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Aug, 30. 2010 12:55PM <br />WATBR LB_A?B <br />No, 2961 P. 2 <br />THIS WATER LEASE is by and between Star Ready Mbc, Inc, ("Star Ready Mix") and <br />the Platte River Power Authority ("Pam River") sometimes collectively ref d to ae "the <br />Parties. <br />WITNESSETH <br />WHBRBAS, Platte Raver is, a panty to an "Agreement for the Reuse of Water fdr Energy <br />GenerafiW ("Reuse Ageprent") among the City of Fort Collins ("the City.), Water Supply <br />and Stiorage C0411 ny, and Matte River dated August 10,1978; and WHEREAS, the Reuse Agreement; among other thin <br />right to receive reusable water delivered by the City; and' COS1veys to Platte -Diver the <br />W'MU?AS, Platte River is a Party to an Agreement ("North Poudre <br />Agreement-) the North Poudre irrigation Company ("North Poudre") dated November 1, with <br />amended on September 10, 2009, which grants Platte River the light to convey waters <br />through North PoudWo Fossil Creek Inlet and to temporarily store waters to which plate <br />River is entitled in North PoudWa Fossil Creek Reservoir; and <br />WHMA.S, reusable water available to Platte River is used <br />water for the Rawhide Energy Station, but Mtte River ma have from time to t cooling <br />reusable water temporarily available In Fossil Greek Reservoir, and 'surplus <br />WHEREAS, the Platte River Board of Directors, in Resolution No, 25-09, has <br />anthorired the "lease or rent; for a term up to tea years, or annuaffy, [0q any <br />which Platte River may receive through the Reuse Agreement to entities s within thi unused water <br />Colorado Water Conserv the Northern <br />ancy District anti/or its Municipal Subdistrict in the following <br />priorities: <br />(a) First;, with equal priority, to the municipalities of Estes Park, Fort Collins <br />Longmont and Loveland for their use or use in their <br />programs; water lease <br />(b) Second, to oilier entities within the Municipal Subdistrict end/or the <br />Northern Colorado Water Conservancy District: <br />WHEREAS, Star Ready Mix wishes to lease such water for delivery from November <br />2010 to March 2011, and <br />BRAS, the water department staffs of Estes Park Fort Collins. have consented pursuant to RmWution No. 25-09; Longmont, and