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<br />STATE OF COLORADO <br /> <br />Memorandum <br />(REVISED) <br /> <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br /> <br />Bill Owens <br />Governor <br /> <br />Russell George <br />Executive Director <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />FROM: <br /> <br />Tim Feehan, P.E. <br />Mike Serlet, P.E., Chief <br />Water Supply Planning and Finance Section <br /> <br />DATE: November 6,2006 (Revised November 14,2006) <br /> <br />SUBJECT: Agenda, Item lOb, November 13-15,2006, Board Meeting <br />Water Supply Planning and Finance - New Loan <br />Lazy 0 Ranch Homeowners Association - Secondary Water System <br /> <br />Introduction <br />The Lazy 0 Ranch Homeowners Association (LORHOA) is applying for a $152,258 loan to <br />construct a secondary water system to provide outside irrigation water to 21 home sites within <br />the ranch. The project consists of installing 7,500 feet of2-inch to 6 inch PVC pipe, 21 curb stop <br />valves, and 2- 10 horsepower variable speed pumps, with pump house, at a total project cost of <br />$167,500. Please see the attached project summary and map. <br /> <br />Back2round <br />The LORHOA was formed in 1987 and is located in Pitkin County. The ranch consists of 1,500 <br />acres, 500 acres of dedicated agricultural land and 900 acres of dedicated wildlife preservation. <br />The remaining 100 acres of the ranch consists of21 home sites, ranging in size from 2 to 6 acres. <br />Currently, 11 homes have been constructed and all the other remaining home sites have been <br />sold. Each property owner or shareholder owns an equal share of the ranch, to include the 1,400 <br />acres of agricultural land and wildlife preserve. <br /> <br />The existing homes obtain potable water for irrigation and domestic use by means of an <br />underground central water system. Water is pumped from two wells along Capitol Creek to a <br />centralized system and the distributed to the individual home sites. During off peak hours an <br />existing 100,000 gallon storage tank is filled to supplement water supplies during peak demand <br />and to assist in fire suppression. As the remaining 10 sites develop, the LORHOA is concerned <br />about having a sole potable watering system for both irrigation and domestic use. In order to <br />separate these two uses, the LORHOA has developed a secondary non-potable water system for <br />all current and future irrigation uses at the 21 home sites. Water will be diverted from Capital <br />