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<br />. <br />. <br />" <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />....,.-. <br />" <br /> <br />SUMMARY OF PROpa;;ED PROJECT <br /> <br />Project S.ponsor: Town of Minturn <br /> <br />Type of Proiect: Municipal <br /> <br />Proiect Name: Bolts Lake Water Supply and Recreation Project <br /> <br />, <br /> <br />Location: About one mile south of Minturn in Eagle County (see attached map) <br /> <br />Date of Application: August 28, 1995 <br /> <br />Date Feasibility Study Received: August 28, 1995 <br /> <br />Project Description: The project involves the rehabilitation of an existing ditch and off- <br />stream resetVoir which take water from Cross Creek, a tributary of the Eagle River, <br />Proposed resetVoir capacity is about 120 acre-feet. Components of the project include minor <br />repairs of the ditch headgate, some improvements to Bolts Ditch and reconstruction of the <br />main dam on Bolts Lake. The resetVoir would be used for recreational purposes and as a <br />source of municipal water supply in dry years. <br /> <br />Estimated Proiect Yield: 120 acre-feet in a low-runoff year <br /> <br />Estimated Cost: <br /> <br />Property acquisition (water supply) <br />Planning <br />Final engineering <br />Construction <br />Total estimated cost <br /> <br />$260,000 <br />20,000 <br />25,000 <br />165.000 <br />$470,000 <br /> <br />Requested Loan: $360,000 for 30 years. Annual payments at 5.25% are about $24,100. <br /> <br />