[MDRAKE 1/7/2019 4:01:06 PM]
After discussing with Boyd Clayton, the decision on whether to file a change or an exchange should be made by the applicant and water company not the Division. Changes in statute in 2015 may afford shareholders protections under law that they may wish to seek by filing a change application, rather than an exchange. The Division shouldn`t be channelizing applicants into a given administrative procedure which may afford fewer protections than another.
[MDRAKE 8/22/2017 10:42:20 AM]
Please discuss any change applications or exchange applications with the Regional office. At this time we are leaning toward continuing the most recent practice of processing shareholder applications as change applications instead of exchange applications.
[GBRIMLEY 9/21/2015 11:49:20 AM]
It appears that originally the shareholders of Chalk Creek - Hoytsville Water Users Corporation were also individual owners of decree awards 783, 786, 796, 813, 770, 773, 785, 777, 760, 767, 970, 526, 657, and 727 (see line 10 on certificate from 9-23-1969 on water right number 35-8814) and the use of the 1586.65 acre-feet (the reservoir capacity) stored in Joyce and Boyer Lakes was to supplement all of these water rights. The number of outstanding shares is 1765. This results in a per share evaluation of 1586.65/1765 = 0.9 acre-foot per share.
[GBRIMLEY 2/1/2017 11:59:59 AM]
This corporation`s right is a reservoir right! It is preferable that a person file an EXCHANGE application, not a CHANGE application. A change means you discontinue the heretofore aspect of the right! An Exchange means the heretofore is continued in some way (e.g. storage) but released to make up for the new use under exchange. Thus the preference is that a person file an EXCHANGE application instead of a CHANGE application.
Water Rights Staff please don’t generate a share statement without first consulting with the Weber Regional Office! Instead, please feel free to draft exchange applications, by copying provisional exchange number XX14 and modifying the relevant fields thereafter. For ownership, please only enter the exchange applicant, and instruct them to obtain a separate letter of consent/approval from the Corporation (no template for it).
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