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<br />.~ <br /> <br />e <br /> <br />e <br /> <br />'t <br /> <br /> <br />COLORI\DO <br />8 <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />721 Centennial Building <br />1313 Sherman Street <br />Denver, Colorado 80203 <br />Phone: (303) 866.3441 <br />FAX: (303) 866.4474 MEMORANDUM <br /> <br />TO: <br /> <br /> <br />FROM: <br /> <br />Colorado Water C,onpation Board Members <br /> <br />Bill Green, P.E. ~ <br />Project Planning and Construction <br /> <br />DATE: November 19, 1997 <br /> <br />SUBJECT: Agenda Item 17.k., November 24-25,1997 Board Meeting - Water <br />Project Construction Loan Program - Requests for Approval for <br />Loans on New Projects- City of Loveland - Green Ridge Glade <br />Reservoir Enlargement <br /> <br />Introduction <br />The Board will be asked to approve a Construction Fund loan of $2.0 million for a term of <br />ten years to the City of Loveland to assist in financing the expansion of its Green Ridge <br />Glade Reservoir. Please see the attached project summary, map, and schematic diagram. <br /> <br />Back!!round <br />The City of Loveland began a comprehensive water supply planning process in the mid- . <br />1980's in association with the CWCB. The process involved a three-phase analysis over a <br />period of more than ten years: <br /> <br />Phase I - An assessment of drought impacts on the City's water supply system and a <br />recommendation for a drought protection level for design of facilities -completed in <br />August 1986. <br /> <br />Phase II - Development and evaluation of alternatives over a 30-year planning <br />horizon to provide raw water capacity adequate for the 100-year drought based on the <br />results of Phase I - completed in January 1988. <br /> <br />Phase III - A detailed feasibility study for a selected raw water storage alternative - <br />completed in October 1997. <br /> <br />The CWCB has been actively involved in both the planning effort as well as providing <br />financial assistance to the City for Phases I and II of the process. To date, the Board's <br />financial participation has amounted to about $60,000. The Phase I and Phase II analyses <br />were conducted by the firm of Camp Dresser & Mckee and the Phase III detailed feasibility <br />study was done by Woodward-Clyde. <br /> <br />Roy Romer. <br />Governor <br /> <br />James S. Lochhead <br />Executive Director, DNR <br /> <br />Daries C Lile. PE. <br />Director, eWeB <br />