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PROJ01771
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Last modified
11/19/2009 11:43:28 AM
Creation date
3/8/2007 1:45:56 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
FS0057FX
Contractor Name
Red Mesa Ward Reservoir and Ditch Company
Contract Type
Miscellaneous
Water District
0
Loan Projects - Doc Type
Approval Letter
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<br />. <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br /> <br />721 State Centennial Building <br />1313 Shennan Street <br />Denver, Colorado 80203 <br />Phone (303) 866-3441 <br />FAJ{ (303)866~74 <br /> <br />STATE OF COLORADO <br /> <br />. <br /> <br />. MEMORANDUM <br /> <br />Roy Romer <br />Governor <br /> <br />(upDATED November 22, 1994) <br /> <br />James S. Lochhead <br />Executive Director, DNR <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Daries C. Lile, P.E. <br />Director, CWCB <br /> <br />FROM: John Van Sciver <br /> <br />DATE: October 17, 1994 <br /> <br />SUBJECT: Agenda Item 29g., November 3-4, 19943, Board Meeting-- <br />Red Mesa Ward Reservoir and Ditch Co. <br />Approval of a Construction Fund Loan in amount of $2,250,000 to <br />rehabilitate and enlarge the Red Mesa Ward Dam. <br /> <br />BACKGROUND <br /> <br />The Red Mesa Ward Reservoir and Ditch Co., located near Hesperus in Montezuma County, <br />has submitted an application for funding of a project to rehabilitate and enlarge the Red Mesa <br />Ward Dam. The company is requesting a loan in the amount of $2,250,000 (75% of the <br />estimated $3,000,000 total cost). The Company is requesting a loan interest rate of 4.1 % for <br />a term of 30 years. <br /> <br />The Red Mesa Ward Dam must be rehabilitated to bring it into compliance with the State <br />Engineer's Dam Safety Rules and Regulations. Spillway enlargement, new outlet valves, and <br />restoration of the crest to the original design elevation are all required. Although no restriction <br />has been imposed by the State Engineer, the company is not currently able to fill the reservoir <br />in the winter months for fear causing severe ice damage to the already weakened outlet tower. <br /> <br />The reservoir was originally constructed in 1908, and then enlarged in 1949 to the current <br />capacity of 1172 acre feet. The company holds conditional water rights for an additional 2900 <br />acre feet of storage. The Company is pursuing the option of satisfying the dam safety concerns <br />and increasing the size of the reservoir through a single project. <br /> <br />The Red Mesa Ward Dam was evaluated as part of the Small Dam Site Reconnaissance Study, <br />conducted by Harris Water Engineering, and the Company has proceeded with the <br />recommendations of that study. The Company applied for and was granted a loan to conduct <br />a feasibility study, which is expected to be completed by Nove~ber 1994. <br />
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