[ALEXKING 9/10/2024 4:35:40 PM]

See submitted correspondence on WR file 55-11134 from Ben Jensen

dated July 15, 2024 for updated share evaluation and Amended and Restate Articles of
Incorporation.



[MGAMACHE 1/19/2021 2:54:56 PM]

There is a known discrepancy between the number of acres awarded in the decree (1700
acres) compared with the value of shares and number of shares provided by the SoKa
(0.3333 acre/share x 6654 shares = 2217.7782 acres). SoKa is expected to begin mapping
current irrigated acreage ahead of the forthcoming general stream adjudication, and
account for all acreage retired under approved/certificated applications, to handle the
stated discrepancy.



[MGAMACHE 10/20/2020 2:10:07 PM]

Findings of Fact paragraph 103(d) page 62 indicates South Kamas Irrigation Company is
entitled to 1700 acres of irrigation.



[EJONES 12/24/2014 11:56:57 AM]

New Bylaws were adopted by South Kamas Irrigation Company January 14, 2014. Please note
when shares of stock are presented for a change application, the share statement and
change should be prepared based on the value of the Class A or Class B share of stock.
The Class D shares are carrier water only associated with the Class A or B shares. For
example: if a stock certificate lists 10 Class A shares (10 acre-feet)and 3 Class D
shares (3 acre-feet), the share statement and change should be prepared for 10 acre-feet
of water for the irrigation of 3.333 acres. The 3.0 acre-feet for the Class D share is
to remain in the company`s system as carrier water and must remain associated with the
Class A shares.



[JBRIEM 10/20/2010 9:13:38 AM]

According to information submitted October 20, 2010, one share is worth 2.16 acre feet
although the company considers 0.5 acre feet of this to be carry water reducing the
amount of water considered per share for change applications to 1.66.



[ASPENCER 4/25/2011 3:56:39 PM]

The letter submitted by the irrigation company quantifying the value of their shares is
on water right file 55-11134 and is dated Oct. 20, 2010.