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I I I I I I I I I I I I I I I I I I I Feasibility Study For WINDSOR RESERVOIR NO.8 STORAGE RECOVERY PROJECT PROJECT SPONSOR The Windsor Reservoir & Canal Company (WRCC) is a Colorado Mutual Ditch Company and a Non-profit Corporation. The WRCC Company was incorporated under the laws of the State of Colorado as a nonprofit corporation on May 1, 1890. One of the first projects of the company was construction of The Big Windsor Reservoir in Weld County which began in July 1890. Thompson Reservoir was next and was constructed downstream of The Big Windsor Reservoir. Later purchases by the company include the purchase of Reservoir No.8, Reservoir No.8 Annex, and Elder Reservoir from the Divide Canal and Reservoir Company in 1911. Douglas Reservoir, Cobb Lake, and the Larimer-Poudre Canal were purchased in 1936. In 1937, the Water Tunnel Company was formed in conjunction with the Water Supply and Storage Company. The Windsor Reservoir and Canal Company owns a one-third interest in the Water Tunnel Company which diverts water from the Laramie River (coming out of Chambers Lake) into the Cache LaPoudre River. Thompson Reservoir served as an equalizer for The Big Windsor Reservoir until the late 1980's. Thompson Reservoir has recently been abandoned and subsequently, the dam and headgates removed. The Windsor Reservoir and Canal Company office is located in Eaton, Colorado. The company presently has six reservoirs in its holdings. The company owns about 25 miles of ditch known as the Poudre Valley Canal extending from the Cache La Poudre River, at the junction of highway 287 and highway 14, to Cobb Lake. There is a total of 1000 shares comprising the company with about 275 shareholders with a par value of approximately $100 per share. The present share value is estimated at $35,000 per share. The Articles of Incorporation and By-Laws of the company are provided in Appendix B. PROJECT SERVICE AREA The project service area is shown on Figure 1. The land may be generally described as that land in Eastern Larimer County and West Central Weld County and is in the area bounded by the Eaton Ditch and Greeley No.2 Ditch. The total area encompassed between these boundaries is about 86,000 acres. Within these boundaries, The Windsor Reservoir and Canal Company provides water for irrigation of about 55,000 acres. The total Windsor Reservoir and Canal Company irrigation system typically uses about 31,000 acre-feet of water to irrigate approximately 55,000 acres of farm land. Most of this land is located in Weld County, Colorado; whereas, most of the reservoir structures owned by the WRCC lie within Larimer County. Windsor Reservoir & Canal Feasibility Study Page 1