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This annual report will present: (a) a summary of plan year accounting, including the total amount of acres and Subject Shares fallowed, plan-year deliveries to the Subject Shares, HCU <br /> credits generated, water exchanged to Pueblo Reservoir for use by Colorado Springs, tail water return flow obligation replaced and unreplaced, lagged return flow obligation replaced <br /> and unreplaced, sources of water used to meet lagged return flow obligation, future lagged return flow obligation and firm yield source of water that will be used to meet lagged return <br /> flow obligation; (b) any accounting errors or deficiencies discovered during the plan year and any accounting modifications that were made during the plan year or are proposed to be <br /> made for the upcoming year; (c) the number of days, if any, when there were unreplaced return flow obligations; (d) efficacy of the LFT, temporary dry-up, prevention of erosion, blowing <br /> soils, and noxious weeds and re-irrigation of temporarily fallowed lands the following year, which will include a water budget analysis; (e) information regarding the parcels that have <br /> been dried up to date and years of such dry up to demonstrate that the limitations contained in term and condition 2 have not been exceeded; (f) a summary of costs associated with Pilot <br /> Project operations, including lease payments made/received, operational costs, and to the extent available costs of erosion prevention and noxious weed management; (g) identification <br /> of any obstacles encountered in Pilot Project operations; (h) any additional terms and conditions that Applicants believe may be necessary to prevent future material injury to other <br /> water rights or contract rights to water; and (i) any proposed minor operations for the upcoming plan year. Any proposed operational modifications shall be accompanied by such information <br /> and analysis as is necessary for the State and Division Engineer and any interested parties to evaluate the potential for injury resulting from such proposed changes. Applicants shall <br /> submit to the CWCB and the State and Division Engineers a brief status report stating that the Pilot Project was not operated on or before January 15 of the year following each of the <br /> years that the Pilot Project was not operated over the ten-year period of the project. <br />All parcels nominated in the Pilot Project may not be dried up for use in any Rule 14 plan, Rule 10 plan, augmentation plan, or substitute water supply plan for the 10 years of operation <br /> of the Pilot Project. <br /> <br />Unresolved Terms and Conditions <br />The participating parties were not able to reach agreement regarding terms and conditions on the following topics or subject areas: <br />1. Whether or not Applicants must deliver to the Arkansas River an amount of water equal to the difference in soil moisture before and after a parcel was dry-land farmed.