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<br />. <br /> <br />. <br /> <br />. <br /> <br />work that may be required. All feasibility work was.completed in April ofthis year. The <br />Company received a loan and a grant totaling about $21,600 from the Construction Fund <br />for part of the costs of the feasibility work. <br /> <br />DeWeese-Dve Ditch and Reservoir Company <br />The Company is a not-for-profit corporation with 7,250 shares of stock issued to 747 <br />shareholders. Water use by shareholders is for lawn and garden irrigation and for small <br />agricultural operations in the unincorporated Lincoln Park area south of Canon City in <br />Fremont County. Total irrigated area amounts to about 1,100 acres. In addition to <br />DeWeese Dam and Reservoir, the Company owns about 35 miles of main ditch and <br />laterals as well as about 1,000 acres of land in Custer and Fremont counties. <br /> <br />Proiect Description <br />Three alternatives were analyzed in the feasibility study: <br /> <br />1. replacing the dam crest, <br /> <br />2. rehabilitating the dam crest, and <br /> <br />3. the no-action alternative. <br /> <br />While Alternative 1, replacing the dam crest has a slightly higher cost than Alternative 2, <br />it is considered to be a far more reliable approach to the restoration of the dam. The no- <br />action alternative was unacceptable since it would result in storage restrictions on the <br />reservoir and possible eventual loss of water rights worth more than the cost of the <br />project. Alternative 1 was therefore the selected alternative. <br /> <br />The selected project involves the complete removal ofthe existing 12-foot high crest <br />section and construction of a new crest section. The new crest section will include <br />reinforcing bar anchors drilled and grouted into the original dam and a drainage/seepage <br />control system. New concrete will assure: an adequate bond between the new crest section <br />and the existing dam. <br /> <br />The project does not involve any enlargement of the reservoir which has a capacity of <br />4,000 acre-feet. The existing spillway along with flow over the face of the dam will be <br />adequate to pass the design flood whichils 50 percent of the runoff from the Probable <br />Maximum Precipitation event. <br /> <br />The project implementation schedule calls for completion of financing arrangements in <br />1997 with approval of the project by the Company's shareholders in early 1998. <br />Engineering design, review of plans and specifications by the State Engineer, and <br />permitting would take place in 1998. Construction would begin and be completed in <br />1999. <br /> <br />2 <br />