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STA�r� oF coLo��o <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />� 721 Centennial Building <br />1313 Sherman Street <br />Denver, Coiorado 80203 <br />Phone: (303) 866-3441 <br />fr�X: (303) 866-4474 <br />MEMORANDUM <br />-���j : <br />Bill Owens <br />Govemor <br />Greg E. Walcher <br />Executive Director, D�iR <br />Peter H. Evans <br />TO: Colorado Water Conservation Board Members Acting Director, cwcB <br />FROM: Bill Stanton, P.E., Chief, Project Planning and Const� Section <br />Bill Green, P.E., Manager of Planning �� <br />DATE: January 20, 1999 <br />SUBJECT: Agenda Item 13a., January 27-28, 1999 Board Meeting — Water <br />Project Construction Loan Program - New Loans - Ryan Gulch <br />Reservoir Co. — Ryan Gulch Dam Rehabilitation <br />Introduction <br />The Board will be asked to approve a Construction Fund loan of $317,500 to the Ryan <br />, Gulch Reservoir Company (Company) of Loveland for the construction of a new spillway <br />on the Ryan Gulch Dam: Please see the attached project summary and map. <br />Background <br />Ryan Gulch Reservoir is located on the south side of Loveland about one mile west of <br />Highway 287 in Larimer County. The reservoir has an estimated capacity of 976 acre-feet <br />but is currently restricted by the State Engineer's Office (SEO) to 645 acre-feet of storage <br />due to inadequate spillway capacity. Additional restrictions could be imposed if the <br />spillway problem is not remedied. <br />The Company has submitted a completed feasibility study by Boyle Engineering of <br />Lakewood. The study proposes a new spillway to be constructed in 1999 as well as other <br />improvements for later years. Completion of the spillway project is expected to allow the <br />use of full storage capacity in the reservoir. <br />Proiect Sponsor and Existing Facilities <br />The Ryan Gulch Reservoir Company was incorporated in 1903 as a nonprofit corporation. <br />It operates as a mutual ditch company. The Company has 10 shareholders holding 100 <br />shares of stock with an average annual yield of 8.0 acre-feet per share. <br /> � <br />