Common use of Basin-Wide Augmentation Plan Costs Clause in Contracts

Basin-Wide Augmentation Plan Costs. ‌ i. Cost paid prior to execution of this Agreement: Prior to execution of this Agreement, ▇▇▇▇▇▇ paid a one-time New Customer Application Fee of $2,000 to Clear Creek. ii. Costs due at execution of this Agreement: At the time of execution of this Agreement, Lessee shall pay to Clear Creek $10,837.50 which is comprised of: (1) A one-time Augmentation Participation Fee of $10,000; (2) The Annual Augmentation Plan Administrative Fee of (3) The cost of the 0.035 acre-feet of Water, which includes iii. Costs due at the beginning of each subsequent Water Year: (1) At the beginning of each Water Year during the term of this Agreement, Lessee will pay to Clear Creek the cost of the full amount of Water stated in its Projected Monthly Water Augmentation Notice and any applicable Water Reservation Rate. (2) At the beginning of each Water Year during the term of this Agreement, Lessee will pay the then-current Administrative Fee to Clear Creek. The current Administrative Fee is $750, and each Water Year, the Administrative Fee automatically will change to Clear Creek’s then-current Administrative Fee as described above. However, if there has been no change to the Administrative Fee during the prior Water Year, the Administrative Fee will be adjusted annually for inflation in accordance with the Denver-Aurora- Lakewood metropolitan area Consumer Price Index for All Items, All Urban Consumers (CPI-U) published by the United States Department of Commerce (or, if that is unavailable, the most nearly applicable index selected at the discretion of Clear Creek).

Basin-Wide Augmentation Plan Costs. ‌ i. Cost paid prior to execution of this Agreement: Prior to execution of this Agreement, The price for ▇▇▇▇▇▇ paid a one▇’s participation in the Basin-time New Customer Application Fee Wide Augmentation Plan pursuant to this Agreement consists of $2,000 to Clear Creek.the following: ii. i. Costs due at execution of this Agreement: At the time of execution of this Agreement, Lessee shall pay to Clear Creek $10,837.50 10,750, which is comprised of: (1) A one-time Augmentation Participation Fee of $10,000;; and (2) The Annual Augmentation Plan Administrative Fee ofof $750 to pay for administrative costs, which fee may be adjusted in the future by Clear Creek to reflect increased administrative costs (“Administrative Fee”). (3) The cost Prior to execution of this Agreement, Lessee paid the 0.035 acrestandard, one-feet time New Customer Application Fee of Water, which includes$2,000. iiiii. Costs due at the beginning of each subsequent Water Year: (1) : At the beginning of the 2022-2023 Water Year and each subsequent Water Year during the term of this Agreement, Lessee will pay to Clear Creek the cost of the full amount of Water stated it expects to require for that Water Year as indicated in its Projected Monthly Water Augmentation Notice and as well as any applicable Water Reservation Rate. (2) At the beginning of each Water Year during the term of this Agreement, . Lessee will shall also pay to Clear Creek the then-current Administrative Fee to Clear CreekFee. The current Administrative Fee is $750; however, and each Water Year, the Administrative Fee automatically will change to Clear Creek’s then-current Administrative Fee as described aboveFee. However, if there has been no change to the Administrative Fee during the prior Water Year, the Administrative Fee will be adjusted annually for inflation in accordance with the Denver-Aurora- Aurora-Lakewood metropolitan area Consumer Price Index for All Items, All Urban Consumers (CPI-U) published by the United States Department of Commerce (or, if that is unavailable, the most nearly applicable index selected at the discretion of Clear Creek).