C150190 Feasibility Study

• Contract/PO #: C150190
• Contractor Name: Beaver Reservoir Company
• Contract Type: Loan
• Water District: 59
• County: Gunnison
• Loan Projects - Doc Type: Feasibility Study

IMPLEMENTATION SCHEDULE

Golder is expected to complete the final design in early
October, 2004, and construction work is intended to begin in 2005
as soon as the Beaver Reservoir is drained and dry enough for
equipment to enter the Reservoir and move on-site materials and
complete the construction portion of the project before the onset
of winter. The installation of the gate and stem may have to be
completed during the winter, accessing the site by snowmobiles,
should the weather become a factor in either delaying commencement
or shortening the time available for the project. Because of the
dates of the irrigation season and the mountainous location of the
reservoir, the project must be performed and accomplished between
September and mid-November, in optimum conditions.

PERMITTING

Since BRC owns the real property upon which the project will
take place, no easements, rights-of-way or permits are necessary.

INSTITUTIONAL CONSIDERATIONS

Entities that are, or may be, involved in the design,
construction and/or financing of the project include:

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Beaver Reservoir Company - financing and project management
Golder Associates, Inc. - design and construction
Farnsworth Construction Company - construction
Colorado Water Conservation Board - financing

The Beaver Reservoir Company will be the lead for the
financing, design and construction of the project and will be the
entity entering into the contracts and agreements with the various
entities for the services provided by each.

FINANCIAL ANALYSIS

The project is estimated to cost $142,800.00 by Golder. The
BRC is applying for a loan from CWCB in the maximum amount of
$128,500.00 as 90% of the estimated total project costs, being an
agricultural project. The BRC will cover any costs that exceed the
estimated project costs.

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