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STATE OF COLORADO <br />Colorado Water Conservation Board <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 />wuu-. c~vcb. state. co. us <br />TO: Colorado `Dater Conservation Board Members <br />FROM: Anna Mauss, PE <br />Mike Serlet, PE, Chief <br />Water Supply Planning and Finance Section <br />DATE: March 11, 2008 <br />Bill Ritter, Jr <br />Governor <br />Harris D. Sherman <br />DNR Executive Director <br />Jennifer L. Gimbel <br />cwcB Director <br />Dan McAuliffe <br />CWCB Deputy Director <br />SUBJECT: Agenda Item 18a, March 18-19, 2008 Board Meeting <br />Water Supply Planning and Finance Section - Ne~v Project Loans <br />Loveland Lake and Ditch Company -Loveland Reservoir Inlet Improvements <br />Introduction <br />The Loveland Lake and Ditch Company (Company) is requesting a loan from the C`UCB in the <br />amount of $105,000 to finance the engineering and construction of the Loveland Reservoir Inlet <br />Improvements (Project). The loan represents approximately 80% of the estimated total cost of <br />$135,000 of the Project. The goal of this project is to increase the capacity of the inlet so that when <br />the reservoir is in priority it can be filled to its decreed amount. See attached Project Data Sheet for <br />a location map and a project summary. <br />Background <br />Loveland Reservoir (Reservoir) is located in Larimer County on the western border of the To`vn of <br />Berthoud. The Company diverts water from the Big Thompson River just west of the Town of <br />Loveland, stores the water in the Reservoir, and delivers water through the Company's ditches to a <br />500-acre service area. <br />Currently, the Reservoir is filled through an inlet pipe limited to 20 cfs. The Company's first decree <br />for water appropriated from the Big Thompson River allows it to fill the Reservoir at a rate of 50 cfs. <br />There are two additional decrees which allow filling the Reservoir at the rate of 250 cfs. <br />Originally the Reservoir was filled through a ravine from the Handy Ditch south to the Reservoir. In <br />the early 1970's, the owner of the property through which this ravine ran complained that running <br />water through the ravine was causing erosion of his property. To settle the complaint, the Company <br />and property owner agreed to install an 18 inch pipeline from the Handy Ditch into the Reservoir. <br />Water Supply Protection • Watershed Protection & Flood Mitigation • Stream & Lake Protection • Water Supply Planning & Finance <br />Water Conservation & Drought Planning • Intrastate Water Dlanagement & Development <br />