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<br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br />www.cwcb.state.co.us <br /> <br /> <br />MEMORANDUM <br />(Updated November 21, 2003) <br /> <br />Bill Owens <br />Governor <br /> <br />FROM: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Bruce Johnson, P.E. ~. <br />Mike Serlet, P.E., Chief ~ r <br />Water Supply Planning and ~ance Section <br /> <br />Greg E. Walcher <br />Executive Director <br /> <br />TO: <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />DATE: <br /> <br />November 7, 2003 <br /> <br />SUBJECT: Agenda Item ad, November 19-21,2003 Board Meeting <br />Water Supply Planning and Finance Section - New Loans <br />Greeley and Loveland Irrigation Company - Boyd Lake Spillway <br />Reconstruction <br /> <br />(Note: Revisions to the November 7, 2003 loan memo are shown in Italics) <br /> <br />Introduction <br /> <br />The Greeley and Loveland Irrigation Company (GLlC) is applying for a $2,844,000 Small Project Loan <br />from the Construction Fund to reconstruct the spillway at the Boyd Lake Dam in a new location. The <br />estimated total cost of the project is $3,160,000. Please see the attached project summary and map. <br /> <br />Backaround <br /> <br />The Greeley and Loveland Irrigation Company (GLlC), and its sister company the Seven Lakes <br />Irrigation Company (SLlC), own and operate an extensive system of reservoirs and canals in the <br />Loveland and Greeley area. GLlC owns 4 reservoirs (including Boyd Lake) and SLlC owns 5 <br />reservoirs (including Horseshoe Lake, immediately adjacent to Boyd Lake.) SLlC does not have its <br />own delivery system but relies on GLlC to carry its water to shareholders. The proposed Boyd Lake <br />Spillway project involves only the GLlC. GLlC and SLlC water is used primarily for the irrigation of <br />14,000 acres of agricultural lands in Larimer and Weld counties. Over 50% of GLlC water is in <br />municipal water use by the Cities of Greeley and Evans. <br /> <br />In 1997-98 the GLlC completed a comprehensive feasibility study for rehabilitation of their water <br />storage and distribution system (including SLlC facilities). This was done with the help of a CWCB <br />$23,400 Construction Fund loan, and a $10,000 Small Dam site grant. In November 1997 the' <br />CWCB approved a $308,000 loan to GLlC for their highest priority, improvements to the outlet and <br />spillway of Equalizer Dam. The study also identified the possible need for improvements to the <br /> <br />Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought PIanning <br />