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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 /> <br />Bill Owens <br />Governor <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Russell George <br />Executive Director <br /> <br />FROM: <br /> <br />Tim Feehan, P.E., Project Manager <br />Mike Serlet, P.E., Chief <br />Water Supply Planning and Finance Section <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />DATE: September 2,2004 <br /> <br />SUBJECT: Agenda Item No. 5a, September 14-15, 2004, Board Meeting <br />Water Supply, Planning and Finance - Changes to Existing Loans <br />East Fork Mutual Irrigation Company <br />Ditch Rehabilitation <br /> <br />INTRODUCTION <br /> <br />At the January 2004 board meeting, the Colorado Water Conservation Board (CWCB) approved a <br />loan to the East Fork Mutual Irrigation Company in the amount of $257,287, from the Construction Fund. <br />The $257,287 loan was for the rehabilitation of the Company's main ditch system. <br /> <br />The East Fork Mutual Irrigation Company is requesting (see attached letter), an increase of <br />$120,210 to the Company's 2004 authorization of $257,287, for a new total amended loan amount of <br />$377,497. The requested loan increase is due to design changes that have occurred since the January <br />2004 board meeting. <br /> <br />BACKGROUND <br /> <br />The East Fork Mutual Irrigation Company, located in Grand County, owns and operates the East <br />Fork Ditch to deliver direct flow irrigation water for the benefit of the shareholders. Water is diverted from <br />the East Fork of Troublesome Creek, located about 10 miles northeast from the Town of Kremmling, <br />through a 13-mile ditch system to a 4,000-acre service area. <br /> <br />The 13-mile East Fork Ditch is an open channel system that meanders along steep mountain slopes <br />and open pastureland. In recent years, the Company has experienced two slope failures along a specific <br /> <br />Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought Planning <br />