BOARD00179 ‎(2)‎

• Board Meeting Date: 5/23/2007
• Description: Director's Report - CWCB Director's Report
• Board Meetings - Doc Type: Memo

Water Source: Gunnison
Terms of Loan: $200,0000 2.4% for 20-years

Project Yield: 1,000 Acre-Feet
Project Type: Reservoir Rehabilitation

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The Grand Mesa Reservoir Company operates 6 reservoirs on the Grand Mesa to supply
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water to 16 shareholders for the irrigation of 500 acres. This project involves the
replacement of the outlet structures at each re$rvoir and also addresses seepage
problems at each facility. The project was desikned by the City of Grand Junction, one
of the major shareholders, and is currently be0g constructed by the City of Grand
Junction. The outlet structures have been installed and the seepage problem corrected
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at both reservoir locations. The City of Grand !Junction is draining the two reservoirs to
install the new outlet gates. The project has been on hold pending resolution of
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construction and water rights issues between tJ;le City and the Company. These issues
have recently been resolved, with the final pha~e of the project scheduled to commence
construction during the summer of 2007. I
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2. Springdale Ditch Company - Well ~ugmentation Project
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The Spring dale Ditch Company operates the ~pringdale Ditch for the delivery of
irrigation water within a 4,490-acre service are~. The headgate for the ditch is located
in Logan County 6 miles southwest of Sterling. The project involves the construction
of augmentation ponds and drilling one augm;entation well and 2 recharge wells to
generate credits to cover depletions from 43 irrigation wells used by Stockholders of
the Company. The project engineer is Brent r\lation with Nation Engineering
Services, Fort Morgan, Colorado. All well and augmentation ponds have been
constructed. The Company is currently waitiJig on final measuring devices for
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project completion, which is scheduled for completion in June of 2007.
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Authorization: Construction Fund
Water Source: South Platte Basin
Terms of Loan: $121,500 @ 2.75% for 30-years

County: Logan - Near Sterling
Project Yield: 10,647 acre-feet
Project Type: Well Augmentation

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3. New Cache La Poudre Irrigation Cotitpany - Reservoir Construction
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Authorization: Construction Fund !
Water Source: South Platte I
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Terms of Loan: $7,200,000 @ 2.50% for 30-years I
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The New Cache La Poudre Irrigation Company turrently provides irrigation water to a
35,000-acre service area. The purpose of this pr~ject is to provide water storage to
equalize ditch flows, to improve efficiency and t~e reliability of the Company's system,
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County: Weld
Project Yield: 4,500 acre-feet
Project Type: New Reservoir

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