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<br />Lake Arrowhead Water Association <br />September 11-12, 2002 <br /> <br />Agenda Item 12d. <br />(Updated September 18, 2002) <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Lake Arrowhead Water Association County: Weld <br /> <br />Project Name: <br /> <br />Lake Arrowhead Dam <br /> <br />Project Type: Rehabilitation <br /> <br />Drainage Basin: <br /> <br />South Platte <br /> <br />Water Source: Ashcroft Draw <br /> <br />Total Project Cost: $400,000 <br /> <br />Funding Sources: CWCB <br /> <br />Type of Borrower: Municipal <br /> <br />Median Household Income: Average <br /> <br />CWCB Small Project Loan: $300,000 <br /> <br />Interest Rate: 4.25% <br /> <br />Term: 30 years <br /> <br />Reservoir Volume: 200 acre-feet <br /> <br />The Lake Arrowhead Water Association operates the Lake Arrowhead Reservoir for storage of <br />irrigation water supplied to property owners who live in the Lake Arrowhead subdivision. The <br />reservoir is located 2 miles southwest of Greeley on Ashcroft Draw, a tributary to the South Platte <br />River. On August 10, 2002 a large sinkhole developed on the downstream slope of the dam, over <br />the outlet pipe. The sinkhole is about 15 feet in diameter and 20 feet deep, and was caused by a <br />failure of the 24-inch corrugated metal outlet conduit. The reservoir is being drained for repairs. <br />Work needs to be completed by spring 2003 to allow storage for the 2003 irrigation season. The <br />reservoir has a capacity of 200 ac-ft. The Lake Arrowhead Water Association is a non-profit <br />water company registered in the State of Colorado. John Gauthiere, P.E. has completed a <br />preliminary assessment of repair alternatives, and will also complete the feasibility study. <br />Proposed funding for the project consists of a CWCB Small Project Loan for $300,000 and <br />$100,000 from the Company. <br /> <br />- . . - -:y (~f't;:: -;::-H"'-i!L'j' -'" J .1:.. ~ IT'''' <br /> ~ ~ <br /> IT i ~ jil--- I W ~ _. I III I <br />jij" \ii .- ~ ~TI I I ".~ ;J::..."' 'lII-......... ,~ c;~' ..... <br /> ! ~ .?'\, ~.dUv ___ I ~ ~ ~.... <br /> . !~~h~ . ..- r:.u.~ ~ -Fr- <br /> .- w__ I. Nt ,--.., bJ <br />I ! v.;, '_ <br /> -- . . ... / ~\\ ~"*" . ~ 7 ~ · <br /> '= ~ .....;--= . r - <br /> . _ .~ :, ~~ . '?1 f",..t~J'.0:~. G....ley <br /> 34 'p~ <br /> - ~ _ g:::-c ^ ? ~I:.;<<;' " . I <br /> .-/.. .. fA,.:';;1 fa"" ,...,. '\:. ~ - ., Project Location ~ \"-. T <br /> -~ 125 ~..:~ ~'V .. <br /> or TlL - - ..'i. ~A~- /'..1 l,.p . lomi I <br /> __.. I L "._ II <br /> ;. "~ __402f1-. V ~ "~~~. 1-. l - ~ ~ J.~ ~_ , <br /> ~ ! ~:\ .. - '\ I~ ~ .... Lake Arrowhead.......! _ . <br />~~.o::: ., . : ~~~. SubdlvlslO~ ~......".!L:' ~ <br />· . '-.. .". 1'-- )'~P' '- -, .... '.J.--.' <br /> '~I~~ - . ~. = ~ ~'::~h~ . . // ~: J'_I-'- <br /> . ~~ 8' '.. .. .. . <br /> . .,.,. ...- !dI I.-Rf-" ':t1 . <br /> · I.~ ...... . -.; =' .dJ1?/ 11 ,..' "1$17 -1-.,. "'?1 ~ ~ <br /> ....... .. - ,,- l'Z... . . ~ ~ L _ ~ <br /> --.. <br /> .~ .. "~oAJ..... I Zo(lo.'\..-... '-, ~: \. '.. / ~~I . <br /> <br />Location Map <br /> <br />4 <br />