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<br />~. U~ater Prv~ect Cons~ruction Loan Program - Pro~ect Data
<br />Barrower: Seven Lakes Reservoir Company Coun#y: LarEmer, We~d
<br />~SLRC~
<br />Pro~ect Name: Dry Creek Railroad Crossing Project Type: New Canal CrossinglRR Bridge
<br />Drainage Basin: Sou~h Pfatte V1later Source: Big Thompson River
<br />Total Pro~ec~ Cost: ~850,2~ 0 Fund~ng Sources: CWCB, SLRC
<br />Type of Borrower: Agricul~uraflMunicipaf Aver. Del~very: 7,795 ac~e-feet
<br />CWCB Cons~ruction Fund Loan: $77'2,842 fnteres~ Rate: 2.95% Term: 30 years
<br />~incl. ~ % loan fee}
<br />The SLRC and its sister company Greeley and LoveEand lrr~gat~on Company ~GLIC~, own and
<br />operate an extensive system of reservoirs and canats in #he Loveland and Greeley ar~a. GLIC
<br />owns 4 reservoirs ~incjuding Lake Loveland and Boyd Lake~ and SLRC owns 5 reservoirs ~including
<br />Horseshoe Lake, immediately adjacent fo Boyd Lake.} SLRC has no direc~ f~ouv righ~s bu~ has a
<br />sto~age decree ~or Horseshoe Reservoir for 8,432 AF. SLRC does not have its own delive~y
<br />systern but relies on GLIC to ca~ry i#s water to shareholders. SLRC uses GLIC's Big Barnes Difch
<br />to fil! Horseshoe Rese~voir. UVater is carried in the B~g Barnes Di~ch and discharges into Lake
<br />Loveland at a dec~eed rate o~ 10~0 cfs. it is then passed through Lake Loveland and discharged
<br />ouf via the North Outlet canal which tlaws into Dry Creek, and ul~imate~y into Horseshoe Reservoir.
<br />The sectjon of canai and natural drainage channe~ is approximafeiy 1,5Q~-feet in length. SLRC
<br />desires to remove and replace #he existing deteriorated 5-tunnel rail~oad crossing structure wi~h a
<br />new bridge in orderfo sa~ely move 1,00~ cfs ~rom the Big Thompson River through Lake Laveland
<br />to Horseshoe Rese~voir, thus remov~ng a serious bottleneck ~n the f~ow pa#h of water. The pro~ect
<br />would install a new pre-~abricafed raifroad bridge based on BNSF Railroad design requirements.
<br />Construction will occur while the track remains in cantinuous service, w~th trains e~pected on a
<br />f~equency of one about every six hours. Bridge suppo~k pif~ngs w~f~ be driven during the t~me
<br />rntervais when tra~ns are not near the si~e, and pile caps cons~rucfed. Rails, ~ies and ballast can
<br />~hen be removed and #he prefabricated bridge ins~alled.
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