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<br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br /> <br />1313 Sherman Str~t, Room 721 <br />Denver, Color~o lW203 <br />Pholle:()03) 866.3441 <br />FAX: (303)866-4474 <br />www.cwcb.!ilate.CO.U5 <br /> <br />STATE OF COLOMDO <br /> <br />Q <br /> <br />8111 Owens <br />Governor <br /> <br />MEMORAl'iDtn\I <br /> <br />Gre8 E. Walch",r <br />becutiveDi,etto( <br /> <br />FROM: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Bill Green, P.E., Project Managerr'f-,~ <br />Mike Serle!, P,E., Chief, Water Supply Planning and FinanC~n <br /> <br />November 15, 2001 <br /> <br />R.odi<uha,ich <br />eweB Director <br />Oa"'Mdl.uliffe <br />DeputyOj.eclOt <br /> <br />TO: <br /> <br />DATE: <br /> <br />RE: <br /> <br />Agenda Item No. 22f., l.'\ovember 19-20, 2001 Board Meeting - 'Vater <br />Supply Planning and Finance -Construction Fund New Loans - East <br />Dillon 'Vater District - Purchase of 'Vater Rights <br /> <br />Introduction <br /> <br />The East Dillon Water District (EDWD) is requesting a loan of $2,550,000 from the <br />Construction Fund to finance (and to refinance in part) the purchase of water rights and <br />other assets which the ED\VD has historically utilized for its municipal water supply <br />since the inception of the District. Please see the attached project summary and map. The <br />feasibility study by Bishop-Brogden Associates (BBA), the District's water engineer, <br />is nearing completion. <br /> <br />Proiect Sponsor <br /> <br />The EDWD was formed in 1969 as a Colorado special district under Title 32 CRS. The <br />District currently serves somewhat more than 1,300 taps and at buildout is expected to <br />serve about 1,700 to 1,800 taps. \Vater customers within the District are primarily <br />residential units including single family homes, duplexes and condominiums. <br /> <br />ED\VD provides service to an area ofSurnmit County referred to as "Summit Cove". The <br />service area is about 1.8 square miles located three miles south of the Tov.n of Dillon and <br />on an east bay of Lake Dillon. See the attached map. <br /> <br />The District purchases water on an annual basis from the Vidler \Vater Company <br />(formerly the Vidler Tunnel \Vater Company) lUlder a 1983 Memorandum of Agreement <br />between the two entities. The rights used by the Vidler \Vater Company (Vidler) to supply <br />the ED\VD are described in another section of this memo. <br /> <br />Flood Protection. Water Project Planning and Financing. Stream and La~e Protection <br />Water Sup;;Jly Protection. Conservation Planninli: <br />