PROJ01759 - Laserfiche WebLink

Home Browse Search

7. The Small Dam Site Reconnaissance Study sponsored by the CWCB and conducted by Harris Water Engineering in 1994 addressed Beaver Creek Dam. The DWCD has conducted appraisal level analysis of the WET PACK but has not prepared a report. 8. The total estimated construction cost is expected to be between $11 and $25 million including engineering and environmental costs; the cost range is based on appraisal level evaluations of the minimum and maximum possible facility configurations for various water supply options. 9. The feasibility study cost is estimated to not exceed $150,000; generally based on the following approximate breakdown of major work items. The DWCD is requesting that the CWCB provide 75% of the funds and the DWCD will provide 25% of the funds. Further, the DWCD requests that repayment of the funds provided by the CWCB be forgiven if a feasible project cannot be developed. If a project is feasible, the DWCD requests that the CWCB and DWCD feasibility study funds be added to the construction loan. Technical and Financial Analysis Field Data Collection (geotechnical, mapping, etc.) Environmental Studies $100,000 $35,000 $15,000 Maximum Feasibility Study Cost $150,000 The proposed source of Feasibility Study funds is listed below. The grant amount is assumed to be available from one of the CWCB grant programs. CWCB Grant DWCD 25%, maximum amount CWCB 75%, maximum amount $10,000 $35,000 $105,000 The feasibility study is expected to require approximately 1.5 to 2 years to complete. Part C. - Project Sponsor Financial Information 1. The DWCD's only debt is the repayment contract with the Federal Government to repay the local portion of the Dolores Project. The user charges from irrigation, M&I users and property taxes are collected for the following debt service. Irrigation Debt $7,227,516 (water charges) $2,517,186 (Ad Valorem payments) M&I Water Debt $33,020,800 including interest. 2. The DWCD has no liabilities that are in default.