C150273 Feasibility Study

• Contract/PO #: C150273
• Contractor Name: Ogilvy Augmentation Company
• Contract Type: Loan
• Water District: 0
• County: Weld
• Loan Projects - Doc Type: Feasibility Study

TABLE OF CONTENTS
1.0 INTRODUCTION ............................................................................................................................................1
2.0 PROJECT SPONSOR .......................................................................................................................................1
3.0 PROJECT SERVICE AREA ............................................................................................................................2
4.0 WELL PUMPING AND REPLACEMENT OBLIGATIONS .........................................................................3
5.0 NEED FOR THE PROJECT ............................................................................................................................3,
6.0 AUGMENTATION REPLACEMENT SOURCES .........................................................................................4
7.0 POTENTIAL REPLACEMENT SOURCE ALTERNATIVES .......................................................................4
7.1 Greeley Irrigation Company ............................................................................................................... S
8.0 PROJECT ANALYSIS .....................................................................................................................................5
8.1 GIC Water Rights ............................................................................................................................... S
8.2 Flow Measurement and Monitoring .................................................................................................. 6
8.3 Recharge Reservoir ............................................................................................................................. 6
8.4 Storage Reservoir ................................................................................................................................ 7
8.4.1 Reservoir Alternative 1 - 50 Acre-Ft Reservoir with an HDPE Liner .............................................. ..8
8.4.2 Reservoir Alternative 2 - 50 Acre-Ft Reservoir with Clay Liner ...................................................... 10
8.4.3 Reservoir Alternative 3 - 50 Acre-Ft Reservov with HDPE Embankments and Clay Liner Base ... 10
8.4.4 Reservoir Alternative 4 - 100 Acre-Ft Reservoir with HDPE Liner ................................................. 10
8.4.5 Reservoir Alternative Cost Estimates ................................................................................................ 14
8.4.6 Selected Reservov Project ................................................................................................................. 15
8.5 TOTAL PROJECT ALTERNATIVES EVALUATED .................................................................... 15
8.5.1 No Action Alternative ....................................................................................................................... 15
8.5.2 Alternative 1 -Purchase of the Water Rights and Construction of a Recharge Reservov ................ 16
8.53 Alternative 2 -Purchase of the Water Rights and Construction of a Recharge Reservoir and 50
Acre-Ft Reservoir .............................................................................................................................. 16
8.5.4 Project Cost Estimate ......................................................................................................................... 16
9.0 FINANCIAL PLAN ....................................................................................................................................... 18
10.0 ALTERNATIVE FINANCING ...................................................................................................................... 21
11.0 IMPLEMENTATION SCHEDULE ............................................................................................................... 21
12.0 PERMITTING AND LAND LEASES .......................................................................................................... 22
13.0 INSTITUTIONAL CONSIDERATIONS ...................................................................................................... 22
14.0 COLLATERAL ............................................................................................................................................. 22
15.0 ECONOMIC ANALYSIS ............................................................................................................................. 23
16.0 SOCIAL AND PHYSICAL IMPACTS .........................................................................................................23
17.0 CONCLUSION ...............................................................................................................................................23
LIST OF FIGURES
FIGURE 1 - OGILVY DITCH SERVICE AREA
FIGURE 2 - STRUCTURE LOCATION MAP
FIGURE 3 - STORAGE RESERVOIR LAYOUT
LIST OF TABLES
TABLE 1 - OGILVY AUGMENTATION COMPANY MEMBERSHIP LIST
TABLE 2 - GREELEY IRRIGATION COMPANY SHARES AVAILABLE FOR PURCHASE
TABLE 3 - COST PROJECTION, MEASUREMENT AND MONITORING EQUIPMENT
TABLE 4 - COST PROJECTION, ONE-HALF ACRE RECHARGE RESERVOIR
TABLE 5 - STORAGE RESERVOIR ALTERNATIVE 1 - 50 ACRE-FOOT RESERVOIR
WITH HDPE LINER