C150253 Feasibility Study

• Contract/PO #: C150253
• Contractor Name: Lower Latham Reservoir Company
• Contract Type: Loan
• Water District: 64
• County: Weld
• Loan Projects - Doc Type: Feasibility Study

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TABLE OF CONTENTS

I. INTRODUCTION ......................................... .................................................... ................. ........................ ............ ....1

II. PROJECT SPONSOR............. ...................... ............................................... ......... ..................................................... 1

III. PROJECT SERVICE AREA ....................... .................. ................ ......... .................... ..... ................. ....... ...... ..........2
III. WELL PUMPING AND REPLACEMENT OBLIGATIONS ................................................................................2

IV. NEED FOR THE PROJECT .............................................................................................................................,.....3
V. AUGMENTATION REPLACEMENT SOURCES .................................................................................................3
VI. POTENTIAL REPLACEMENT SOURCE ALTERNATIVES..............................................................................4

A. Lower Latham Vite h ............................................. ................................. ..... ............. .... ........................................4

1. Rothe Farm Water Rights .................................................................................................................................5

2. DeJong Farm Water Rights.......................... .....................................................................................................5
VII. VALUATION OF WATER RIGHTS AND MONITORING SYSTEM COST....................................................5

VIII. IMPLEMENTATION.................. .... .............................. .................................. .............................. ........ .......... .....6

VIllI. PERMITIING ....... ..... ................ .............. ..................., ............ ...................... .... ......... ........................................ 6

X. INSTITUTIONAL CONSIDERATIONS..... ............ ............................................... ......... .... ............. .................. .....6

XI. FINANCIAL ANALYSIS ..... ...................... ..... ............. ................. ...... ........................... .... ................. .............. ..... 7

XII. COLA TERAL ....... ..... ................... ................. ........... ....., .......... ... .... .............. ... ................... ....... ........ ...................8

XIII. ECONOMIC .ANALYSIS ........................................ .................. ..................... ............. .................. .................. .... 8
XlIII. SOCIAL AND PHYSICAL IMPACTS ..............................................................................................................8

XV, CONCLUSION ...,....................,........................................."............................................,...................................... 9

LIST OF FIGURES

FIGURE 1 - GENERAL LOCATION MAP SHOWING THE LOWER LATHAM SERVICE
AREA
FIGURE 2 - GENERAL LOCATION MAP SHOWING THE ROTHE FARM PARCELS
FIGURE 3 - GENERAL LOCATION MAP SHOWING THE DEJONG FARM PARCEL

LIST OF APPENDICES

APPENDIX A - ARTICLES OF INCORPORATION FOR THE LOWER LA TRAM RESERVOIR
COMPANY
APPENDIX B - BYLAWS OF THE LOWER LA TRAM :RESERVOIR COMPANY
APPENDIX C - 2007 SUBSTITUTE WATER SUPPLY PLAN FOR THE LOWER LATHAM
RESERVOIR COMPANY
APPENDIX D - APPRAISAL REPORT OF THE FOUR SHARES CAPITAL STOCK IN THE
LOWER LATHAM DITCH COMPANY
APPENDIX E - BUDGET REPORTS AND FINANCIAL STATEMENTS OF THE LOWER
LATHAM RESERVOIR COMPANY FOR 2004, 2005 AND 2006.

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