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<br />Lower Platte and Beaver Canal Company Agenda Item 148.. <br />January 27-28,2004 (Updated February 2,2004) <br /> <br />Water Riahts <br />The LPBCC has an 1882 priority for 38 cfs, an 1888 priority for 284 cfs, and a 1972 <br />recharge/augmentation priority for 322 cfs. In addition, the LPBCC has 127 rights of Riverside <br />Reservoir and Land Company and 33 shares of Jackson Lake water. The Company has also <br />applied for a 2003 recharge/augmentation right ~for ~122 cfs. Annual ditch diversions have <br />averaged 36,980 acre-feet. The 101 wells under thE~ ditch divert approximately 15,000 acre-feet <br />annually. <br /> <br />Proiect Descriotion <br />Three alternatives were analyzed in the feasibility study: <br /> <br />1. The no-action alternative <br />2. Purchase a senior water right and use it for aU~lmentation ($1 million) <br />3. Construct a well augmentation and ground watE~r recharge project. ($345,000) <br /> <br />Alternative 2, Purchase a senior water right and use it for augmentation ($1 million), <br />was ruled out due to cost. Alternative 3, Construct i:l well augmentation and ground water <br />recharge project ($345,000), was the preferred alternative, since it was the least overall cost to <br />provide the augmentation water needed to offset well depletions. The no~action alternative was <br />considered unacceptable since it does not provide a firm source of augmentation water for all <br />101 irrigation wells, and could result in curtailment of well pumping, and major loss of crops <br />under the LPBCC system. <br /> <br />Selected Alternative 3 involves the following: <br /> <br />· One recharge well (3000 GPM) will be constructed within 100 feet of the South Platte <br />River. Water will be pumped into a recharget pond (Snyder Site). <br /> <br />· Buried pipeline will be used to connect the recharge well and the Snyder recharge pond. <br />There will be 4500 feet of 21" pipe and 2000 feet of 18" pipe. <br /> <br />· Two parcels of land will be purchased for the construction of recharge ponds. One site <br />will be 7 acres (Snyder Site) and the other site will be 25 acres. <br /> <br />· Three existing recharge ponds will have concrete ditch turnouts and measuring weirs <br />constructed. <br /> <br />· 24 recharge ponds will have pre-manufactured parshall flumes installed for measuring <br />water. 24 recorders will also be installed at these sites. <br /> <br />· New well permits will be obtained on 24 diffElrent agricultural wells so that the wells may <br />also be used for augmentation purposes. <br /> <br />The implementation schedule calls for completion of financing arrangements and final <br />engineering design in Winter 2003-2004. Construction is underway and will be completed in <br />Spring 2004. <br /> <br />Financial Analvsis <br />The total estimated cost of the project is $345,000, and the shareholders use the water <br />primarily for agricultural purposes. The Company hclS requested a 2.5%, 30-year Small Project <br />loan in amount of $310,500 (90% of estimated projE~ct cost.) (NOTE: agricultural interests own <br /> <br />2 <br />