BOARD00031 ‎(2)‎

• Board Meeting Date: 9/20/2006
• Description: CWCB Director's Report
• Board Meetings - Doc Type: Memo

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The FL Gill LLC consists of3 owners or 3 contiguous farms under the Johnson Edwards Ditch, with a
combined irrigated acreage of910 acres. This project involves the construction of 4 recharge ponds, 1
recharge well, pipeline construction, and water right purchases to offset the depletions from 4 irrigation .
wells. FL Gill H20 LLC has elected to pursue alternative financing. The project is scheduled to be de-
authorized at the November 2006 Board Meeting.

5. Supply Irrigation Ditch COlllPanv - Knoth Reservoir Dam Rehabilitation

Authorization: Construction Fund
Water Source: St. Vrain Creek
Terms of Loan: $1,700,000 @3.50% for 30-years

County: Boulder- N.E. of Lyons
Project Yield: 9,500 acre-feet
Project Type: Dam Rehabilitation

The Supply Irrigation Ditch Company is proposing to rehabilitate the Knoth Reservoir for use as an
equalizer, and for storage under a conditional decree for 542 acre-feet. The average annual volume
diverted now is 9,500 acre-feet, which will be increased to 10,040 acre-feet with the project
improvements in place. The planned improvements include, reshaping the upstream face of the dams and
the placement of clay, installation of a toe drain, construction of 200 foot long spillway, placement of rip
rap, raising the dam crest on both dams to gage height 30-ft., removal of two abandoned outlets, and the
repair of the existing outlet to a good working condition. The proposed improvements are being
designed by Smith Geotechnical, of Fort Collins, Colorado. It has been discussed that the Company may
sell their rights to the reservoir to Little Thompson Water District. These discussions are currently taking
place, which if finalized, would result in a de-authorization of the existing loan.

6. Town of Coal Creek- Water Rights Purchase

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Authorization: Construction Fund
Water Source: Arkansas River Basin
Terms of Loan: $67,500 @3.75% for 30 yrs.

County: Fremont
Project Yield: 34 acre-feet
Project Type: Water Purchase

The Town of Coal Creek is located 2 miles south of the City of Florence. The Town provides water
service to its residents through a master metering arrangement with the City of Florence Regional Water
System. Coal Creek provides raw water to Florence and Florence treats the water and returns it to the
Town of Coal Creek for use. Coal Creek's existing water rights, dated 1884 have been out of priority
give the current drought conditions. In order to mitigate this situation the Town is in the process of
purchasing 100 shares from the Union Ditch Company, which equates to approximately 125 acre-feet of
which 34 acre-feet is allowable for consumptive use. Total cost ofthe water purchase is approximately
$75,000. The Mayor, Charles Hasting is discussing extending the loan contract at their September
Board Meeting. If the Town chooses not to extend the contract, the project will be de-authorized at the
November 2006 Board Meeting.

7. South Side Irrigation Company - South Side Reservoir Rehabilitation

Authorization: Construction Fund
Water Source: South Platte River
Terms of Loan: $360,000@3.1O% for 30 yrs.

County: Larimer - Near Loveland
Project Yield: 1,241 acre-feet
Project Type: Reservoir Rehabilitation

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