Pagosa Waters lease agreement nearly ready for signatures

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The lease agreement between Pagosa Verde and the Fairway Family Trust to allow exploratory drilling and, eventually, the construction of a geothermal electric generation plant was one of the items discussed at Monday’s meeting of the Pagosa Area Geothermal Water and Power Authority (PAGWAPA).

“I talked to Allen this morning,” Pagosa Verde President Jerry Smith began, referring to Allen Levine, the spokesperson for the family that owns the property. “He and I are both ready to sign.”

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