Ordinance 2002-1399 - Laserfiche WebLink

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the Petitioner from reusing Subdistrict direct delivery, exchange or otherwise, the first use thereof is for benefit of facilities and service areas within the the Northern Colorado Water Conservancy Subdistrict or as otherwise provided by Subdistrict policy and regulations. water, by provided that lands, boundaries of District or law and 4. Delivery of Subdistrict Water. Pursuant to terms of the Carriage Contract,' the introduction, storage, carriage and release of Subdistrict water into, through or from the Colorado -Big Thompson project system and the manner of delivery, measurement and accounting therefor shall be in accordance with procedures in use between the United States and Northern Colorado Water Conservancy District for the delivery of Project water or as such procedures are herein or may hereafter be modified by agreement of the parties: -.Deliveries -of Subdistrict water to Subdistrict and its allottees shall be made by the United States and the Northern Colorado Water Conservancy District at project system delivery points. No part of Petitioner's Subdistrict water shall be delivered to another entity without the written authorization of Petitioner. 5. Annual Charges. Petitioner agrees to pay the following annual. charges: (a) Commencing in 2003 and annually thereafter an amount per Unit as allocated by this contract equal to 1/480th of the sum of (i) the annual charge required to pay the principal, interest and premium, if any, on bonds issued or other fixed indebtedness incurred by Subdistrict to finance the. acquisition and construction of the Windy Gap Project; (ii) the annual costs, exclusive of those costs set forth in Paragraph (b) of this Article, incurred by Subdistrict in the administration, operation, maintenance, repair, and rehabilitation of Windy Gap facilities and such other annual costs as may arise from and be attributable to the operation of Windy Gap Project; (iii) an annual amount to establish and maintain a reserve equal to the maximum principal and interest due'or to become due in the succeeding year on all outstanding bonds or other fixed indebtedness of the Subdistrict; (iv) such an annual amount, as the Board shall determine to be necessary, to establish and maintain an operating and maintenance reserve equal to eighteen months 4.