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<br /> <br /> <br />STATE OF COLORADO <br /> <br />'. Colorado Water Conservation Board <br />\ <br />... Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br />www.cwcb.state.co.us <br /> <br /> <br /> <br />(Revised) <br />MEMORANDU:M <br /> <br />- <br />Bill Owens <br />GovenlOr <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Members <br />... <br /> <br />Russell George <br />Executive Director <br /> <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />FROM: <br /> <br />Tim Feehan, P.E., Project Man <br />Mike Serlet, P .E., Chief <br />Water Supply Planning an <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />DATE: May 12,2004 <br /> <br />SUBJECT: Agenda Item No. 20b, May 24-2S, 2004, Board Meeting <br />Water Supply, Planning and Finance - Changes to Existing Loans <br />Town of Kremmling <br />Raw Water Delivery System <br /> <br />INTRODUCTION <br /> <br />At the November 2002 board meeting, the Colorado Water Conservation Board (CWCB) approved <br />a loan to the Town of Kremmling (Town) in the amount of $1,000,000 from the Construction Fund. The <br />$1,000,000 loan was for the construction of a raw water delivery system from the Colorado River to the <br />Jones No.2 Reservoir. <br /> <br />The Town is requesting (see attached letter), an increase of $689,750 to the Town's 2002 <br />authorization of $1,000,000, for the design and construction of the raw water delivery system. The <br />requested loan increase is due to cost overruns associated with design changes, water rights and land <br />negotiations, and higher construction costs. <br /> <br />BACKGROUND <br /> <br />The Town ofKremm1ing, located in Grand County, owns and operates a municipal water system <br />for the benefit of approximately 2,000 residents fed by 658 taps. The municipal water system currently <br />derives its water supply from Sheep Creek, a tributary to the Colorado River. The Sheep Creek basin has <br />been adjudicated for 24 cfs, of which the Town owns 6 cfs, and Grand River Ranch (Ranch) owns 18 <br />cfs. The Sheep Creek basin is over-adjudicated and, historically, 24 cfs is available only for short <br />periods during spring run-off. <br /> <br />Flood Protection. Water Supply planning and Finance · Stream and Lake Protection <br />. Water Supply Protection. Conservation and Drought Planning <br />