06d

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

Projects under Construction
1. Grand Mesa Reservoir Company - Rehabilitation of Reservoir No.land No. 9
Authorization: Construction Fund County: Mesa
Water Source: Gunnison Project Yie1d:1,000 Acre-Feet
Terms of Loan: $200,000@ 2.4% for 20-years Project Type: Reservoir Rehabilitation
The Grand Mesa Reservoir Company operates 6 reservoirs on the Grand Mesa to supply water to
16 shareholders for the irrigation of 500 acres. This project involves the replacement of the
outlet structures at each reservoir and also addresses seepage problems at each facility. The
project was designed by the City of Grand Junction, one of the major shareholders, and is
currently being constructed by the City of Grand Junction. The outlet structures have been
installed and the seepage problem corrected at both reservoir locations. The City of Grand
Junction is draining the two reservoirs to install the new outlet gates. The project has been on
hold pending resolution of construction and water rights issues between the City and the
Company. These issues have recently been resolved, with the final phase of the project
scheduled to commence construction during the summer of 2008.
2. New Cache La Poudre Irrigation Company -Reservoir Construction
Authorization: Construction Fund Cou@: Weld
Water Source: South Platte Project Yield: 4,500 acre-feet
Terms of Loan: $7,200,000 @ 2.50% for 30-years Project Type: New Reservoir
The New Cache La Poudre Irrigation Company currently provides irrigation water to a 35,000-
acre service area. The purpose of this project is to provide water storage to equalize ditch flows,
to improve efficiency and the reliability of the Company's system, and for providing additional
storage to meet future demands. The project will involve the construction of 3 separate
reservoirs near the Town of Barnesville, Colorado, totaling 4,500 acre-feet of storage.
Additionally, 8,2001inear feet of pipeline will be installed in construction with the reservoirs.
Smith Geotechnical, Fort Collins, Colorado is the project designer. The Barnesville Reservoir
project was awarded to Barker Construction, Fort Collins, Colorado and has been completed.
The pump station from Barnesville Reservoir to Cornish Reservoir has been completed as well.
The design for Cornish Reservoir has been completed and has been awarded to Barker
Construction, Fort Collins, Colorado for construction. The Contractor has completed the work
and is waiting on final SEO approval. The Company is requesting that CWCB's cost
participation be changed from 75% to 89% to allow the full $7,200,000 of loan funds to be
released, which was approved at the September 2007 Board Meeting. The project will remain
open until the land purchased to construct Cornish Reservoir is paid off in 201 1.
3. Arkansas Groundwater Users Association -Water Ri_ht~ slAugmentation/Canal Work
Authorization: Construction Fund County: Pueblo
Water Source: Arkansas River Project Yield: 703 Acre-feet
Terms of Loan: $970,448 @2.50% for 30-years Project Type: Water RightslCanal
This project involves the purchase of 785 shares of Excelsior Ditch for replacement water to
offset out-of priority depletions from well pumping. The project also involves the construction of
a 15-acre recharge pond and enlarging the Excelsior Ditch for approximately 4 miles. The ditch
work has been completed and the construction of the recharge ponds is approximately 95%