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<br />The amount of consumptive use credits and return flow obligations and the disposition of consumptive use credit and return flow replacement water shall be calculated on a daily basis. <br /> Such consumptive use credits may be exchanged to Pueblo Reservoir for use by CS-U or to replace Catlin Pilot Project return flows as necessary, or step exchanged to storage for such <br /> uses. Water allocated to replace deep percolation return flows and delivered through Catlin Canal augmentation stations that is in excess of the replacement requirement on a given day <br /> will be allocated as a stream depletion credit. However, such use of deep percolation return flow water as a stream credit will result in a future replacement obligation that will <br /> require dedication of a firm source of return flow replacement water in the projection of lagged deep percolation return flow obligations. Such depletion credits may be exchanged to <br /> Pueblo Reservoir for use by CS-U or to replace Catlin Pilot Project return flows as necessary, or step exchanged to storage for such uses. <br />Calculations of return flows owed to the river must be updated as needed (at least monthly), based on actual past water availability and estimated future availability. If there is an <br /> under delivery of return flow water in any month this under delivery shall be made up in the subsequent month. <br />Exchange into Pueblo Reservoir may occur only when there is at least 100 cfs of outflow (inclusive of hatchery flows) from Pueblo Reservoir. Such diversions/exchanges may not cause the <br /> outflow from Pueblo Reservoir to be less than 100 cfs. In addition, exchanges will be operated as junior to the City of Pueblo’s recreational in-channel diversion water right awarded <br /> in Case No. 01CW160, and as though the right is in effect 24 hours per day. <br />Any exchange of water as a part of this Pilot Project must be approved in advance by the Division Engineer after a determination that there is sufficient exchange potential to accomplish <br /> the requested exchange without injury to other water rights. Applicants must request to make an exchange through the Arkansas River Dashboard, so long as the Dashboard is functioning <br /> properly. <br />Exchanges operated under the Pilot Project will comply with all terms and conditions decreed in Case No. 10CW04. <br />Applicants may operate an exchange only if there is a continuous live stream between the downstream exchange-from point and the upstream exchange-to point. <br />Stored water derived from the Colorado Springs/Super Ditch Pilot Project and/or fully consumable sources available to CS-U will be used to meet the lagged historical return flow obligations <br /> associated with the fallowing of the historically irrigated lands. Transit losses on water delivered for replacement of the lagged historical return flow obligations as assessed by <br /> Division 2 will be included from the point of release to the confluence of the Arkansas River and