06d

• Board Meeting Date: 5/20/2008
• Description: CWCB Director's Report
• Board Meetings - Doc Type: Memo

STATE OF COLORADO
Colorado Water Conservation Board
Department of Natural Resources
1313 Sherman Street, Room 721
Denver, Colorado 80203
Phone: [phone]
Fax: [phone]
WWW.CWCb.State.CO.US
T0: Colorado Water Conservation Board Members
Director's Report
FROM: Kirk Russell, PE
Mike Serlet, PE, Chief
Water Supply Protection Section
DATE: May 13, 2008
SUBJECT: Director's Report Attachment -May 20-21, 2008
Loan Forecast & Prospect Report
Bill Ritter, Jr.
Governor
Harris D. Sherman
DNR Executive Director
Jennifer L. Gimbel
CWCB Director
Dan McAuliffe
CWCB Deputy Director
The Water Supply Planning and Finance Section compiles a list of potential borrowers/projects for the Water
Project Loan Program. If The Board approves all loans recommended by staff on the March agenda the Loan
Program will have approximately $10 million available for eligible raw water projects for the July meeting.
Below is a list of loans which may be presented at the July meeting (Loan Forecast). Page two is a listing of
loans (Loan Prospects), which have a strong chance of becoming future CWCB loans.
LOAN FORECAST
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ORROWER

ROJECT NAME

PROJECT
COST

LOAN
AMOUNT

Jul -Cortez
K San Luis Valley Water Cons. Dist. Water Rights Purchase $1,000,000 $1,000,000
K Boulder White Rock Ditch & Res. Co. New Pump System (Fall 08 Const) $1,000,000 $1,000,000
K Farmers Pawnee Ditch Co. Diversion Structure Rehabilitation $200,000 $180,000
K Headgate 135 Lateral Inc. NRCS Pipeline Project $200,000 $150,000
Total $2,330,000
Information shown is based on current staff knowledge and will likely change as Loan Prospects develop
Recent Project Loan inquiries:
Town of Windsor -Flood Control/Drainage Project
Town of Creede -Flood Control Project ($1.7M)
Ponchas Springs -New Reservoir (<$lOM)
Windsor Reservoir Canal Co. -Spillway Rehabilitation ($SOOK)
Water Supply Protection • Watershed Protection & Flood Mitigation • Stream & Lake Protection • Water Supply Planning & Finance
Water Conservation & Drought Planning • Intrastate Water Management & Development