PROJ02023

• Contract/PO #: FS0044FX
• Contractor Name: Larimer County, Board of County Commissioners
• Contract Type: Miscellaneous
• Water District: 0
• Loan Projects - Doc Type: Approval Letter

Table 1 - CWCB Loan Repayment Responsibility

Responsible Entity CWCB Loan CWCB Loan CWCB Loan Total Project Percent of
Amount Match Repayment Cost Total
Project
Larimer County $3.9 million $2.5 million $2.5 million 47%
Ft. Collins Utilities $1.4 million $1.4 million $2.8 million 53%
Summary $3.9 million $1.4 million $3.9 million $5.3 million 100%

Note: The City of Fort Collins is listed as the entity responsible for repayment of $1.4 million of
the loan amount, payments of principal and interest will be made by Larimer County to the
State. The City of Fort Collins will then be responsible for reimbursing the County for the
City's share of each payment.

Q 16: Do not understand the two sentences in the last paragraph of page 10.

R16: This paragraph will be revised in the new document to read:

The recommended project will have a four fold benefit to the Local Basin: 1) Reduce the
inflows from the Middle Basin from approximately 5,000 cfs to 500 cfs, 2) Provide an outlet
for storm flows generated in the Local Basin, 3) Confine Dry Creek flood flows in the
proposed improvements, 4) Remove economic impacts of floodplain regulations and flood
insurance requirements.

Q 17: How were the damage estimates and annual damages in the next to the last paragraph on
page 11 derived?

R17: Damages to structures in the Dry Creek floodplain were taken from the Army COE study
entitled "Reconnaissance Report - Flood Control for Boxelder Creek, Spring Creek, Dry
Creek at Fort Collins Colorado" dated July 1994. Damage estimates were revised to reflect
current values. Applicable sections from the report will be included in the appendix of the
report. Larimer and Weld Irrigation Company estimates they lose annually approximately
5,000 acre-feet of water which can't be utilized in Douglas Reservoir. See comment
responses for questions Number 9 and 14.

Q18: The discussion of project funding alternatives on pages 12 - 14 could be reduced, as could
the description of the selected funding alternative on pages 15 and 16.

R18: See comment response to Question Number 2.

Q19: In the last paragraph on page 16, more information is needed regarding the properties to be
acquired for the project. How much land is needed and what are the estimated costs?

R19: For the purposes of this cost estimate, we have assumed $5,000 per acre for purchase of
property and $2,500 per acre for a flood easement. We have assumed that we can purchase

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