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PROJ02207
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PROJ02207
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Entry Properties
Last modified
11/19/2009 11:25:19 AM
Creation date
4/8/2008 12:13:22 PM
Metadata
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Template:
Loan Projects
Contract/PO #
FS0078FX
Contractor Name
Blue Lake Owners Association
Water District
0
County
Eagle
Loan Projects - Doc Type
Feasibility Study
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<br />11/24/03 MON 11:33 FAX <br /> <br />!gJ 003 <br /> <br />- <br /> <br />COLORADO, WATER CONSERVATION BOARD <br />Oavid W. W,lker <br />Director <br /> <br />MEMORANDUM <br /> <br />TO: <br /> <br />David Walker <br />Frank Akers /}Jjf: <br /> <br />Keith Eberbard~ <br /> <br />FROM: <br />DATE: <br />SUBJECf: <br /> <br />August 6, 1991 <br /> <br />Crystal Lakes Water & Sewer Association <br />Application for Assistance <br /> <br />Crystal Lakes Water & Sewer Association (CL) with Red Feather Irrigation <br />District (RFI) have filed an application for assistance for a proposed new dam to be <br />built on North Pine Creek near Red Feather Lakes>> Colorado. The application lists . <br />CL as the lead entity which will be responsible for any engineering study costs as <br />determined by the CWCB program.. <br /> <br />Crystal Lakes has' transmitted Articles of Incorporation, Bylaws>> Financial <br />Statements and Water Court Decrees to help us determine their ability to repay any <br />loans. <br /> <br />Crystal lake has 1400 users with net revenue in 1990 of $157,000. 1990 <br />expenses were $129,000, this was based on a $90/year user assessment for vacant land <br />and an additional $35/year assessment on improved land. Crystal Lakes is required <br />by a Water Court decree to build additional storage on North Pine Creek for its <br />augmentation plan. <br /> <br />The documents sent for review indicate that Crystal Lakes clearly has the <br />ability to participate in the feasibility study and repay any monies advanced for the <br />study should they decide to not use CWCB's resources in the final project. The <br />documents also indicate that Crystal Lakes has the ability to levee and collect the <br />required assessments. <br /> <br />We recommend that CWCB participate in a feasibility study for Nonh Pine <br />Creek Reservoir that is expected to cost $40,000. The anticipated size of the reservoir <br />is estimated. to be _ acre-feet. <br />3U;I <br /> <br />GKE/gl <br />&1076.111 <br /> <br />
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