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<br />~ <br />;.0 <br /> <br />e <br /> <br />(, <br />~-- <br /> <br /><'e <br /> <br />, <br />, ..i <br /> <br />STATE ~ COLORI\DO <br />I) <br /> <br />e <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br /> <br />721 Centennial Building <br />1313 Shennan Street <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br /> <br />I <br /> <br /> <br />1', <br /> <br /> <br />Roy Romer <br />Governor <br /> <br />TO: <br /> <br /> <br />1./\ <br /> <br />James S. Lochhead <br />Executive Oireclor, DNR <br /> <br />Daries C lile. P. E. <br />Director. CWCB <br /> <br />FROM: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Bill Green, P.E. CjJ r <br />Project Planning and Construction Section <br /> <br />DATE: January 22, 1997 <br /> <br />SUBJECT: Agenda Item 8.f., January 29-30,1997 Board Meeting - Water Project <br />Construction Loan Program - New Project Loan Applications - City of <br />Loveland - Green Ridge Glade Reservoir <br /> <br />( <br /> <br /> <br />~~~~ ",':',-'\/~-:. (~-, ~) <br /> <br />INTRODUCTION <br /> <br />The City of Loveland is presently applying for a 3D-year Construction Fund loan of $2.0 million <br />to assist in financing the proposed' expansion of Green Ridge Glade Reservoir. The project is <br />expected to cost in excess of $17.0 million and the City hopes to obtain about $10.0 million in <br />financing from the Construction Fund and from other sources. Construction is expected to begirt- '- <br />in the year 2000. Please see the attached Project Summary, map, and schematic diagram, <br /> <br />BACKGROUND <br /> <br />The City began a comprehensive water supply planning process in the mid-1980's in association <br />with the eWCR The process involves a three-phase analysis which is scoped as follows: <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. This portion of the <br />study was completed in August 1986. <br /> <br />Phase II - Development and evaluation of alternatives over a 30-year planning horizon to <br />provide raw water capacity adequate for the 100-year drought based on the results of <br />Phase I This phase was completed in January 1988. <br /> <br />Phase III - A detailed feasibility study for one selected raw water storage alternative. This <br />part of the study has been deferred while the City considered a number of alternative <br />storage sites and implemented some of the non-structural recommendations of Phase II. <br />