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<br />Greeley and Loveland Irrigation Company <br />January 22-23, 2003 <br /> <br />Agenda Item 19c <br /> <br />the meantime they have identified deficiencies in the Boyd Lake outlet, and desire to proceed with <br />the proposed project to take advantage of the construction opportunity afforded by low lake levels. <br /> <br />Boyd Lake is the largest reservoir in the GLlC system, with a surface area of 1,750 acres and a <br />capacity of 48,874 acre-feet. The dam is a Class 1 embankment dam and has a height of 40 feet, <br />a crest length of 10,729 feet, and a spillway width of 20 feet. Colorado State Parks has recreational <br />surface rights to Boyd Lake. Water is typically delivered into the GLlC system by a pump station on <br />the east side of the lake. On the south side of the lake, the outlet system consists of a high-level <br />diversion, used to divert water in and out of the GLlC Canal, and a low-level outlet works. The low- <br />level outlet discharges upstream of US Highway 34, and is used to deliver water to the Big <br />Thompson River where GLlC uses it water primarily for exchanges. This loan request is for <br />replacement of the low-level outlet works. It currently consists of a 400-foot long, 4' x 4' box culvert, <br />flowing into a gate chamber, and then into a 4' x 3' concrete arch tunnel for approximately 300 feet. <br />It then flows into a 1800' long, 36" diameter corrugated metal pipe. All of the outlet works is in <br />deteriorated condition. <br /> <br />Feasibilitv Studies <br /> <br />The GLlC, through their engineer Boyle Engineering Corporation, has completed the feasibility <br />study in accordance with CWCB guidelines. The study includes an assessment of alternatives <br />available for rehabilitation/replacement of the low-level outlet. It also includes a report prepared by <br />Gauthiere Engineering, dated January 23,2002, which describes the deficiencies of the outlet <br />system. <br /> <br />Proiect Soonsor <br /> <br />The GLlC is a Colorado mutual ditch company and non-profit corporation registered in the State of <br />Colorado, in good standing. The Company was incorporated in 1900. There are 170 shareholders <br />holding 1644 shares of stock. The GLlC exists in perpetuity and sets annual assessments that are <br />assigned to the stockholders according to the number of shares they own. The Board of Directors <br />has the authority to incur debt as they deem necessary to carry out the purposes of the company, <br />and to pledge assets of the company to secure repayment of loans. It also holds the power to <br />refuse to deliver water to shareholders who fail to pay their assessments, and the power to take <br />legal action against delinquent stockholders, and offer forfeited shares for sale to pay for unpaid <br />assessments. Revenues are derived principally from stock assessments, running charges, and <br />small amounts of revenue coming from leasing rights for recreational use of several reservoirs. Of <br />the1644 shares of stock there are 781.65 shares in agricultural ownership (47.6%) and 862.35 <br />shares in municipal ownership (52.4%) - Greeley (760.51 shares) and Evans (101.84 shares). <br /> <br />Water Riaht~ <br /> <br />GLlC owns two diversion points on the Big Thompson River, the GLlC Canal diversion and the Big <br />Barnes Ditch diversion, with a total water right to divert of 360 cfs. In addition, they have a 49,000 <br />acre-foot storage right for Boyd Lake, and a 12,700 acre-foot storage right for Lake Loveland. On <br />the average GLlC delivers 37,812 acre-feet per year to its shareholders (1644 shares x 23 acre-feet <br />per share). <br /> <br />Proiect Need <br /> <br />The purpose of the new low-level outlet is to address SEO dam safety criteria, and to enable the <br />GLlC to ensure water deliveries to its shareholders. Presently, the SEO is not requiring the GUC to <br />replace the system, however they have indicated concern with the safety of the dam due to the <br />deteriorated condition of the outlet system. Deficiencies in the system include significant cracking, <br /> <br />Page 2 of 7 <br />