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<br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natura! Resources <br />1313 Sherman Street, Room 721 <br />Denverf Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br />www.cwcb.state.co.us <br /> <br /> <br />Deputy Director <br /> <br />Bill Owens <br />Governor <br /> <br />MEMORANDUM <br />(Updated December 4, 2002 <br /> <br />Greg E. Walcher <br />Executive Director <br /> <br />TO: Colorado Water Conservation Board Members <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br /> <br />FROM: John Van Sciver, P.E. <br />Mike Serlet, P.E., Chief <br />Water Supply Planning and Finance Section, <br /> <br />DATE: November 12, 2002 <br /> <br />SUBJECT: Agenda Item 20h., November 25-26, 2002 Board Meeting <br />Kern Reservoir and Ditch Company (Follow-up Loan Request) <br /> <br />(Note: Revisions to the September 2002 loan memo are shown in Italics.) <br /> <br />Introduction <br />The Kem Reservoir and Ditch Company (KRDC) is applying for a $3,620,000 follow-up loan from <br />the Construction Fund to rehabilitate the Kem Reservoir to restore lost storage capacity. The <br />Company was approved for a $1 million Small Project Loan in September. If this follow-up loan is <br />approved, CWCB loans for this project will total $4,620,000, which is 75% of the revised total <br />project cost of $6, 160,000. Please see the attached project summary and map. <br /> <br />Backaround <br />The KRDC, located in Weld County, operates the Kern Reservoir for storage of irrigation water for <br />use within a 285-acre service area, and for other uses. Kern Reservoir (also known as Windsor <br />Lake) is a multiple use facility located within the Town of Windsor, about 45 miles north of Denver. <br />It provides water for irrigation, it serves as an equalizer reservoir for the Greeley Number 2 Ditch, <br />and it is used for recreation through lease to the Windsor Boat Club. The reservoir is filled through <br />the Greeley Nurnber 2 Ditch, which diverts from the Cache La Poudre River. The dam, <br />constructed in 1904, is a Class 1 structure, 14 feet high, impounding a reservoir of approximately <br />1,000 acre-feet. <br /> <br />The reservoir has been in use for approximately 100 years, during which time the reservoir basin <br />has become silted in, particularly at the west end. Although the Company has a water right to <br />store 1800 acre-feet, the actual storage capacity is about 1,100 acre-feet. The Company wants to <br />dredge out the reservoir to restore lost capacity, and to provide added storage capacity for the <br />Town of Windsor's Master Storm Water Drainage Plan, The project has started. <br />