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<br />The Johnson and Edwards Ditch Company operate the Johnson and Edwards Ditch to delivery irrigation <br />water to a 3,000 acre service area. This project involves the construction of I recharge well, pipeline . <br />installation, 2 recharge ponds, and the purchase of reservoir water. This project will generate sufficient <br />augmentation credits to cover the Company's depletions from the 12 wells they are currently operating. All <br />field work has been completed, with project closure anticipated for November of 2006. <br /> <br />8. Central Colorado Water Conservancy District - Water Rights Purchase and Gravel Pit Const. <br /> <br />Authorization: Construction Fund <br />Water Source: South Platte <br />Terms of Loan: $20,000,000 @2.75% for 30-years <br /> <br />County: Adams, Weld, Morgan <br />Project Yield: 12,300 acre-feet <br />Project Type: Water Supply/Augmentation <br /> <br />The CCWCD, located in Adams, Weld, and Morgan Counties has a service area of300 square miles. The <br />Sub district has 650 members with 966 junior wells and has operated an augmentation plan for these <br />members since 1973. On December 17, 200 I, the Colorado Supreme Court issued a judgment that <br />changed the manner of operation for substitute supply plans in Colorado. The ruling stated that the State <br />Engineer did not have the legal authority to approve substitute supply plans. The Court also stated that <br />substitute supply plans, such as the one operated by CCWCD would either have to file for a decree in <br />Water Court or follow new Rules and Regulations to be issued by the State Engineer. This ruling has <br />required CCWCD to acquire more senior water rights as well as build additional storage to augment out- <br />of-priority diversions. CCWCD is in the process of acquiring additional senior water rights. To-date the <br />District has been approved for 3-separate loans, $15,000,000, $5,000,000, and $20,000,000. The <br />$20,000,000 loan was recently approved at the November 2004 Board Meeting, for a total project loan <br />authorization of $40,000,000. The $15,000,000 and $5,000,000 were substantially completed in June of <br />2005. Central has completed efforts for the GMS Sub-district and are currently working on <br />improvements to the WAS Sub-district. The WAS project is approximately 70% complete. . <br /> <br />9. Town of Akron - Well and Pipeline Construction <br /> <br />Authorization: Small Project Loan AccoWlt <br />Water Source: Wells - Camp Creek <br />Terms of Loan: $349,799 @3.75% for 30 yrs. <br /> <br />COWlty: Washington <br />Project Yield: 530 ac.ft. <br />Project Type: Well/Pipeline Const. <br /> <br />The Town of Akron provides domestic water to 1,711 residents, with approximately 880 taps, residential and <br />commercial. Ten wells feed into a 1.5 million gallon above ground storage tank, constructed in 1996, for <br />treatment and distribution. Given the low production of the existing well, this project will add 2 new wells <br />with 8,300 linear feet of ductile iron transmission lines to the town's existing system. The Town of Akron <br />has completed the 2 new wells, the adjoining pipeline, and the remote telemetric system to operate the pumps <br />from the Town Offices. The project is complete, with project substantial completion scheduled for October <br />of 2006. <br /> <br />10. Dolores Water Conservancy District - WETPACK <br /> <br />Authorization: SB 01-157 <br />Water Source: Dolores River <br />Terms of Loan: $7,260,000 @3.50% for 30-years <br /> <br />County: Montezuma <br />Project Yield: 7,840 acre-feet <br />Project Type: Distribution System <br /> <br />The District's WETPACK (Water for Everyone's Tomorrow Package) proposal is intended to better <br />manage the available resources of the Dolores Project to provide an additional 3,300 acre-feet of water for <br />the fishery below McPhee Dam, increase municipal water supplies, and to provide water of the irrigation . <br />of additional lands. This project involves a system of pipelines, pumps, and related facilities to deliver - <br /> <br />50 <br />