BOARD00179 ‎(2)‎

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

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and 23 recharge ponds. The project will generaJe augmenlation credits 10 cover the
depletions for the 45 existing wells. The projectiis currently 90% complete. The project has
changed from its original scope to include additional piping and recharge sites.
Additionally, the Company has purchased seve~al Riverside Ditch shares that will improve
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augmentation efforts. The Company was approved for an increase of $200,000 at the
November 2006 Board Meeting to complete the ~dditional recharge sites and for the
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purchase of the Riverside Ditch shares. These ftirnds have not been distributed. The
Company has elected to decline presenting it caSe in court this year, given strong objectors
and the lack of senior water in its augmentation ~lan. The future of Orphan Wells of
Wiggins at this time is uncertain. I
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6. Central Colorado Water conservanJy District - Water Rights Purchase and
Gravel Pit Con st. I'

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Authorization: Construction Fund !
Water Source: South Platte i
Terms of Loan: $20,000,OOO@2.75% for 30-year~
Supply/Augmenlation I

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The CCWCD, located in Adams, Weld, and Motgan Counties has a service area of 300
square miles. The Sub district has 650 member~ with 966 junior wells and has operated
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an augmentation plan for these members since ~973. On December 17, 2001, the
Colorado Supreme Court issued a judgment th~t changed the manner of operation for
substitute supply plans in Colorado. The rulini stated that the State Engineer did not
have the legal authority to approve substitute sVpply plans. The Court also stated that
substitute supply plans, such as the one operate1d by CCWCD would either have to file
for a decree in Water Court or follow new Rules and Regulations to be issued by the
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State Engineer. This ruling has required CCW(ID to acquire more senior water rights as
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well as build additional storage to augment outiof-priority diversions. CCWCD is in
the process of acquiring additional senior water I rights. To-date the District has been
approved for 3-separate loans, $15,000,000, $5,090,000, and $20,000,000. The $20,000,000
loan was recently approved at the November 2004 Board Meeting, for a total project loan
authorization of $40,000,000. The $15,000,000 aitd $5,000,000 were substantially
completed in June of 2005. Central has completJd efforts for the GMS Sub-district and
are currently working on improvements to the WAS Sub-district. The WAS project is
approximately 85% complete. The District is cu~rent1y in water court for the WAS Sub-
district. !
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46

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County: Adams, Weld, Morgan
Project Yield: 12,300 acre-feet
Project Type: Water

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