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CW09002 <br />WATER SUPPLY CONTRACT <br />This Contract is made between the COLORADO RIVER WATER. CONSERVATION <br />DISTRICT (herein the "River District"), a political subdivision of the State of Colorado acting by <br />and through its Colorado River Water Projects Enterprise, and LAFARGE WEST, INC. (herein <br />"Contractor") effective as of the date of the River District's execution indicated below. <br />RECITALS <br />A. The River District is authorized to contract to deliver water for beneficial use from <br />River District water projects pursuant to provisions of C.R.S. § 37-46 -101, et seq. (herein "River <br />District Organic Act"). <br />B. The River District is the owner and operator of the Wolford Mountain Reservoir <br />Project located on the Muddy Creek drainage near Kremmling, Colorado, having obtained necessary <br />decrees from the District Court in and for Colorado Water Division No 5 (herein "Water Court") <br />andpennits from governmental agencies, and the River District is entitled to deliveries ofwater from <br />Ruedi Reservoir under its Contracts with the U.S. Bureau of Reclamation, and the River District is <br />entitled to deliveries of water from Eagle Park Reservoir and Homestake Reservoir as a shareholder <br />in the Eagle Park Reservoir Company. <br />C. The River District's Board of Directors has adopted a Water Marketing Policy, as <br />revised by the Board from time to time, to provide for the use of water available from the River <br />District's sources of supply pursuant to contracts, and that Water Marketing Policy is to be <br />implemented through the River District's Water Projects Enterprise. • <br />• D. Contractor has a need for wholesale water supply, demonstrated in its submittal to <br />the River District pursuant to the Water Marketing Policy's contracting process; in the amount of <br />7.4 acre feet annually for municipal/industrial purposes, which beneficial uses will be accomplished <br />by Contractor generally in the vicinity of Eagle County by ground water diversions from or within <br />the Colorado River drainage <br />B. Contractor is aware of the "Hydrology Assumptions" which are part of the Water <br />Marketing Policy and is satisfied, based on its review and investigations, that Contractor legally and <br />physically can make use for its intended purposes of the Contracted Water, which are the subject of <br />this Contract and that such use will comply with the Water Marketing Policy <br />AGREEMENT <br />The foregoing Recitals are incorporated into this agreement between the River District and <br />Contractor. <br />