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- w ater rights acquisition - must meet a need - no t speculation <br />- Project Financing — require s a feasibility study <br /> - see CWCB for terms – good interest rates <br /> - muni based on av era g e income in area <br />- Schedule - dif ferent for under $5 mil or over only once a year <br />- Loan Feasibility Study - info about company, type of borrower, how will pay back, <br />other im pacts social and environmental . <br /> <br />Diversion Structure Project - Tim Fehan <br /> - Olson and Associates are doing an i nventor y, id entifying location of structure s , <br />GPS coordinate s are entered into Arc View data base along with a narrative description, <br />photograph/sketch (if in fair or poor condition) , character, flow conditions, <br />recommen dations based on what they see. May provi de a cost estimate to repair or <br />replace (in a range - e stimate) - if in fair or poor condition . <br /> - will use and expand on existing river study with focus only on diversion <br />structures <br /> - NOT checking diversion flows, just structures <br /> <br />Mike Gibson asked if th ere is money f or engineering study/ design of structure / <br />replacement s? <br />Kirk Russell said: N ot at this time, may need to get a bridge loan for the design work <br />from a bank - which can then be rolled into CWCB loan if approved . <br />Mike G . - p erhaps could encoura ge CWCB to reinstate grants for this . <br />Kirk - some areas the NRCS can design and even fund a % of some projects - can be <br />some funding options between NRCS and CWCB loan . <br /> <br />Presentation on S tate wide Water S upply Initiative (SWS I ) Project Overview <br />- Rick Brown from CWCB presented - <br />( note that the entire presentation and all of this <br />data is available on the CD’s that were distributed at the meeting and at the CWCB web <br /> <br />site on SWSI) <br />- T his discussion is leading towards our Round Table’s needs assessment for Rio <br />G rande Basin <br />- Summary book will be with Mike Gibson <br />- Goal: Help Colorado maintain an adequate water supply for its citizens and th e <br />environment. Today and into the future. <br /> - growth rate in Colorado and changing uses <br /> - community based/state wide <br /> - app roved by legislature in 2003 to: <br /> - Examine all aspects of water over 30 years projection <br /> - Evaluate water supply and water manageme nt alternative in each river <br /> basin <br /> - Formulate strategies and build consensus on alternative to meet future <br /> wat er needs <br />Basic philosophy - here to help! Only want to d o what local basin wants/needs. <br />SWSI Objectives - had broad agreement <br />Major Findings <br /> Page 2 of 6 RGBRT Minutes <br /> <br /> May 9 , 2006 <br />