BOARD00179 ‎(2)‎

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

capacity from 5,500 acre-feel to 8,900 acre-feet. I AI the September 2005 Board Meeting
the Board approved an additional loan to the [))istricts in the amount of $4,994,955 each,
for a total combined loan amount for the projett of under $18,000,000. Construction of
I
the reservoir was awarded to R. E. Monk, Colo~ado Springs, Colorado for just under
$15,000,000. R.E. Monk has commenced consttuction and is approximately 95%
I
complete. The SEO has approved the constru~tion and has granted temporary fill
orders up to 1,200 acre-feet. The reservoir is c~rrently being filled to the 1,200 acre-foot
level by the Districts. Central has substantially completed their efforts in the project,
with Little Thompson to follow in June of 20071
I
I
I
i
13. Headgate 396 Lateral Corporation ~ Ditch Rehabilitation
I
!

.

Authorization: Severance Tax Fund
Water Source: Grand Valley Canal
Terms of Loan: $134,000@ 2.5% for 30 yrs.

County: Mesa
Project Yield: 1,900 acre-feet
Project Type: Ditch Rehabilitation

I

The 396 Lateral starts at the Grand Valley IrrigJtion Company's (GVIC) Headgate 396
and delivers agricultural irrigation water to the! eleven shareholders in the Corporation.
The Headgate is located east of Grand Junctionlnear the intersection of J Road and 21 Yz
Road. This project involves the installation of 7,000 If of 6-inch to 12-inch PVC pipe
along with metered delivery points at member-bwned lands. NRCS has provided
planning and design engineering services. A pr~vious phase of the project was
completed in the winter of 2005 for $137,000. Proposed CWCB funding consists of an
initial loan from CWCB for $230,000 that will bJ reduced by an NRCS grant of $96,000
I
following project completion. The remaining $lB4,000 will become a 30-year CWCB
Loan. The project is currently under constructibn and is anticipated to be complete by
July of 2007. I
I
!

.

I
14. Larimer and Weld Irrigation Comp~ny - Big Windsor Reservoir Inlet/Lake
Lee Dam Rehab. I

I
!
I

I
I
i

The Larimer and Weld Irrigation Company ope~ate a 40-mile ditch system, including
control structures, checks, and gates. The Company has an 86,000 acres service area,
55,000 acres of that irrigated and has an average lannual diversion of 90,000 acre-feet.
This project involves the replacement of the inlet structure into Big Windsor Reservoir
and the rehabilitation of Lake Lee Dam. The prbjects were designed and inspected by
, I '
I
I

Authorization: Severance Tax Fund
Water Source: South Platte River
Terms of Loan: $l,500,OOO@ 2.5% for 30 yrs.
Rehabilitation

County: Weld
Project Yield: 90,000 acre-feet
Project Type: Inlet/Dam

.

50