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<br />.. <br /> <br />. <br /> <br />. <br /> <br />Table 2. Ute Water Conservancy District, Selected Characteristics <br /> <br />Service area population 66,000 <br />Number of taps 20,700 <br />Average annual water demand (acre-feet) 9,400 <br />Average monthly residential water bill $24.00 <br />Estimated 1990 median household income $23,700 <br /> <br />Proiect Purpose <br /> <br />The District's primary source of water supply is from Plateau Creek, a tributary of the <br />Colorado River originating in Plateau Creek Canyon east of Grand Junction. Water is <br />collected from the tailrace of the Lower Molina Power Plant ofthe Bureau of <br />Reclamation's Collbran Project and is transmitted 4.5 miles to storage in Jerry Creek <br />Reservoirs as shown on the attached map. <br /> <br />. <br /> <br />From the reservoirs, \Vater is transmitted by gravity to the District's water treatment plant <br />in the existing 24-inch diameter Plateau Creek Pipeline, a distance of about 15 miles, in <br />an alignment generally following Plateau Creek. The pipeline has inadequate hydraulic <br />capacity for existing demands, shows signs of deterioration, and is located in an <br />alignment subject to landslides and frequent stream erosion. The purpose of the project is <br />to replace these 15 miles of pipeline with 48-inch and 54-inch diameter steel pipe to meet <br />the District's water demands through at least the year 2045. <br /> <br />Water Ril!hts <br /> <br />The District has an extensive portfolio of water rights in the Plateau Creek and Rapid <br />Creek basins as well as on the Colorado River. The estimated yield of the District's water <br />rights to meet the year 2045 demand indicates that all but about 4,000 acre-feet would be <br />supplied from the Plateau Creek watershed and conveyed to the treatment plant by the <br />Plateau Creek Pipeline. <br /> <br />Sources ofFundinl! <br /> <br />For the total estimated project cost of$55,360,000, the District anticipates using the <br />funding sources shown in Table 3. If the District's request for an additional $10.0 million <br />is approved by the Board and authorized by the legislature, total CWeB funding (from <br />both the Construction Fund and the Severance Tax Trust Fund) will amount to $27.6 <br />million. The overall rate ofreturn on all three loans will be 4.91 percent for 30 years. <br /> <br />. <br /> <br />3 <br />