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<br />I <br />I <br /> <br />storm; and placement of riprap and bedding ~n the upstream face of Ihe dam in the <br />breach area and at the energy dissipation strufture. ConstructioI) is anticipated to <br />commence in the fall of 2007. I <br />I <br />! <br /> <br />. <br /> <br />Authorization: Severance Tax Fund <br /> <br />15. Lower Poudre Augmentation COIJpany - Reservoir and Water Rights <br />Purchase ! <br />I <br /> <br />I <br />I <br />I <br />I <br /> <br />I <br />! <br /> <br />County: Larimer/Weld <br /> <br />Water Source: South Platte <br /> <br />Project Yield: 657 acre-feet <br /> <br />Terms of Loan: $3,104,053@2.50% for 30 yrs. <br />Rights <br /> <br />Project Type: Reservoir & Water <br /> <br />The Lower Poudre Augmentation Company (~P AC) is a non-profit company that was <br />incorporated in 2004, by the New Cache La Poo.dre Irrigating Company (2/3 interest) <br />I <br />and the Cache La Poudre Reservoir Company (tl/3 interest. There are 88 wells owned <br />I <br />by 35 individuals/entities and the augmentation demands are approximately 3200 AF. <br />The LP AC has filed for a permanent Augment~tion Plan, and has operated on a <br />Substitute Water Supply Plan for 3-4 years. LP;AC proposes to purchase the Timnath <br />I <br />Flatrion Reservoir, and 4.5 shares of Boxelder Pitch, and construct the necessary <br />improvements to utilize the reservoir for augm~ntation purposes. The reservoir <br />I <br />currently has a storage capacity of approximateJy 657 AF, with a depth of 12-15 feet. <br />The reservoir area was mined for sand and graJel and lined with clay once mining was <br />I <br />complete. The reservoir has received SEO certif~cation as a lined gravel pit storage <br />facility. I <br />I <br /> <br />5. Region 2 Dilch Bill Application proces4g Slatus, April 1, 2007 <br />I <br />(see next page) : <br />I <br /> <br />. <br /> <br />. <br /> <br />66 <br />