06d

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

complete. Project completion has been delayed due to easement negotiations with the Army
Base. The Groundwater Users are seeking an easement from the Army Base to construct their
final recharge pond, which has proven to be a difficult task. The project is tentatively scheduled
to be completed by September of 2008.
4. Orphan Wells of Wi .ins -Augmentation Project
Authorization: Construction Fund County: Morgan
Water Source: South Platte Basin Project Yield: 6,000 acre-feet
Terms of Loan: $1,037,700 @ 2.5% for 30-years Project Type: Well Augmentation
The Orphan Wells of Wiggins is a new company comprised of 31 separate agricultural operators that
own 45 wells which irrigated approximately 4500 acres of farmland. This project involves the
construction of 1 recharge well, l augmentation well, various pipeline, and 23 recharge ponds. The
project will generate augmentation credits to cover the depletions for the 45 existing wells. The
project is currently 90% complete. The project has changed from its original scope to include
additional piping and recharge sites. Additionally, the Company has purchased several Riverside
Ditch shares that will improve augmentation efforts. The Company was approved for an increase of
$200,000 at the November 2006 Board Meeting to complete the additional recharge sites and for the
purchase of the Riverside Ditch shares. These funds have not been distributed. The Company has
elected to decline presenting it case in court this year, given strong objectors and the lack of senior
water in its augmentation plan. The Company is looking at deleting a number of wells from its plan
to meet its depletions. They are currently restructuring their company and augmentation plan to
meet their current and long term depletions. The project has been extended to May of 2010 to allow
the Company time to complete their restructuring.
5. Central Colorado Water Conservancy District -Water Rights Purchase and Gravel Pit Const.
Authorization: Construction Fund County: Adams, Weld, Morgan
Water Source: South Platte Project Yield: 12,300 acre-feet
Terms of Loan: $20,000,000 @2.75% for 30-years Project Type: Water
Supply/Augmentation
The CCWCD, located in Adams, Weld, and Morgan Counties has a service area of 300 square
miles. The Sub district has 650 members with 966 junior wells and has operated an augmentation
plan for these members since 1973. On December 17, 2001, the Colorado Supreme Court issued
a judgment that changed the manner of operation for substitute supply plans in Colorado. The
ruling stated that the State Engineer did not have the legal authority to approve substitute supply
plans. The Court also stated that substitute supply plans, such as the one operated by CCWCD
would either have to file for a decree in Water Court or follow new Rules and Regulations to be
issued by the State Engineer. This ruling has required CCWCD to acquire more senior water
rights as well as build additional storage to augment out-of priority diversions. CCWCD is in
the process of acquiring additional senior water rights. To-date the District has been approved
for 3-separate loans, $15,000,000, $5,000,000, and $20,000,000. The $20,000,000 loan was
recently approved at the November 2004 Board Meeting, for a total project loan authorization of
$40,000,000. The $15,000,000 and $5,000,000 were substantially completed in June of 2005.
Central has completed efforts for the GMS Sub-district and are currently working on
improvements to the WAS Sub-district. The WAS project is approximately 90% complete. The
District has received a temporary ruling from water court regarding their augmentation decree.
The ruling is lengthy and complicated, which is currently being reviewed by the District. It's
anticipated that the WAS Sub-district will be allowed to operate in 2008 at approximately 20%-