BOARD00023 ‎(2)‎

• Board Meeting Date: 9/19/2006
• Description: CF Section - Revisions to Existing Loans - Central Colorado Water Conservancy District - Project Scope Revision
• Board Meetings - Doc Type: Memo

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STATE OF COLORADO

Colorado Water Conservation Board

Department of Natural Resources
1313 Sherman Street, Room 721
Denver, Colorado 80203
Phone: [phone]
FAX: [phone]

Memorandum

Bill Owens
Governor

Russell George
Executive Director

TO:

Colorado Water Conservation Board Members

Tim Feehan, P.E., Project Mira e :[-
Mike Serlet, P.E., Chief,~
Water Supply Planning and mance ection

Rod Kuharich
CWCB Director

Dan McAuliffe
Deputy Director

FROM:

DATE: September 1, 2006

SUBJECT: Consent Agenda, Item 2b, September 19-20, 2006, Board Meeting
Water Supply Planning and Finance - Revisions to Existing Loans
Central Colorado Water Conservancy District - Project Scope Revision

INTRODUCTION
The Central Colorado Water Conservancy District (District) is requesting a change to their
project scope for the Well Augmentation Subdistrict (WAS) loan, approved by the Board in
November of 2004. At the November 2004 Board Meeting, the Board approved a $20,200,000
loan to the District to purchase water rights and to construct lined gravel pit storage to provide
well augmentation to its members. The District is requesting, that in addition to water rights
purchases and lined gravel pit storage construction, that groundwater recharge projects be added
to the project scope.

BACKGROUND
The Central Colorado Water Conservancy District (District) was formed in 1965 under the
authority of the 1937 Water Conservancy Act, and includes over 750 square miles in Adams,
Morgan & Weld counties. In 1973 a Groundwater Management Subdistrict (GMS Subdistrict),
was formed to provide well augmentation to its members. Currently the GMS Subdistrict covers
966 wells for 650 members. The GMS Subdistrict has received two CWCB loans totaling
$20,000,000 for the purpose of purchasing water rights and constructing gravel pit storage for
well augmentation. A $15,000,000 loan was approved in November 2002, and a $5,000,000 loan
was approved in November 2003. All work associated with GMS Subdistrict has been
completed.

On January 8, 2004, an additional subdistrict, the WAS Subdistrict, was formed to provide
augmentation water for junior well owners located in Adams, Morgan and Weld counties, most
of whom were previously covered under the GASP (Groundwater Appropriators of the South
Platte) plan of augmentation. The WAS Subdistrict occupies about 78 square miles, with the