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<br />DI-.AIELSON 8: ASSOCIATES, INC.:_ ' v-.../; U- q-l.{.r ';-.7
<br />CONSULTING ENGINEERS 6\.. '. cu.."
<br />6805 WEST FOURTH A VENUE JERIS A. DANIEI..SON, PH.D~ P.E. .,.." ~
<br />LAKEWOOD, COLORADO 80226 PRESIDENT
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<br />(303) 237-5146
<br />(303) 232-0857 FAX
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<br />September 5, 1995
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<br />1;1te ColgradoWater Conservation Board
<br />. ".l31l.Sherman Street, Room 721
<br />Denver, CO 80203
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<br />Re:" Purchase of the Trinidad Project by the Purgatoire River Water Conservancy
<br />" District
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<br />Dear Board Members;
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<br />, . First, on b~half of the Board of the Purgatoire River Water Conservancy District, let me
<br />e~r~s,s o..~ gratitUde for.placing.the purchase of the Trinidad Project on your meeting agenda for
<br />. ::. ~~p~~~~~r~;~;'199S. . ;..', '.' ". .
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<br />. The Purgatoire ,River Water Conservancy District (PRWCD) is the contracting and
<br />. repaY1:DeIlt~ntity for the re-imbursible portion of the Trinidad Project which is a Corps of
<br />.' .'.E~giijc~ers'pfoject with the inigation component administered by the U.S. Bureau of Reclamation.
<br />.' ;'.' 'ThePJroject(X)nSisis priniarily of Trinidad Dam which allows for the storage and re-regulation of
<br />. .()l~, .es~lished water rights that serve approximately 19,700 acres in the Trinidad area. Crops
<br />'. . grO\.VIll ar~'primarily alfalfa and com with some small grains and inigated pasture.
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<br />:"'::.. ;~';::Th~total repayment obligation of the PRWCD is $6,435,600 to be paid over a 70-year
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<br />p~riodl.>Th.eJ?RWCDhas paid $809,592 during the 10-year period ending December 31, 1994,
<br />. , ~ea,ving'~,~~~ce d~e of$5,~26,008 over the remaining 60 years. The average annual
<br />.... ", cOnstiu~~#~ost.r~p,ayment is approximately $94,000 which when added to the annual charge for
<br />. .... ... :~'~~ief,~;~~~~~9~,;~~.,~,:~gh,~.~140,000, .amounts to an annual repayment amount of up to
<br />t:':~(,:'~Z~~,2~9.;:~[~.~'~~~ts toa peracre~foot cost of water to the irrigator of nearly $12.00 which
<br />, '.' :wljena~~~'t'?'theannual caDal assessments means farmers are paying in excess of $24.00 per
<br />. acre..foot'ofwater delivered at the river headgate;
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<br />'., 0; :1 ,,:,";~:1'~eI>.~W,GI>hasdetemiined that the only feasible economic approach to the Project is to
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<br />......PUIc~:$~pr9jec;t .facilitiesaD.~ to operate and maintain them itself and has begun the process of
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<br />s~uringtJleijecessary federal legislation to effect the transfer of ownership. The PRWCD is
<br />actively seeking sources of funding to. accomplish the purchase and expects to approach the .
<br />'. Colorad<?:Wa.ter Conservation Board for financing in fiscal year 1995-96. The PRWCD
<br />r~P%~y~!~que,st~th~.c::WCB. to c<?nSider a combination grant and loan in an amount up to
<br />...$.I~5PO,09.p:~ong the line~ of what was done for the Conejos River Water Conservancy District
<br />.. ...in'the pur~~eofPlatorO Reservoir.
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