[MGAMACHE 3/3/2020 10:41:41 AM]
Using the Articles of Restatement of the Articles of Incorporation of the Provo Reservoir Water User`s Company (2009) the historical irrigation approved under Welby/Jacob Memorandum a14709 dated 10/11/1989 was divided among Full, Early, and Late classes of shares by considering the following and assuming 100% delivery:
a) Max Yield
b) Relative to Full
c) #days/year
In reality, PRWUC`s direct flow rights are primarily secondary (junior in priority); therefore, that portion of the portfolio is not always delivered (subject to availability). According PRWUC, the average yield for a Late + cLate share is 3.00 AF. The hereafter quantity for any change to underground wells will be limited to the average yield for a Late + cLate share, and further broken down by class of share as follows.
....................................................................................
Alpine, Welby, Jacob Late (90%)
Div/share = 2.7 AF
Acre/share = 0.75352
....................................................................................
Contained Alpine, Welby, Jacob Late (10%)
Div/share = 0.3 AF
Acre/share = 0.08372
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