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Last modified
8/16/2009 2:35:56 PM
Creation date
10/16/2008 8:51:34 AM
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Board Meetings
Board Meeting Date
7/22/2008
Description
CF Section - New Project Loans - Loudon Irrigating Canal & Res. Co. - Rist Benton Res. Dam Rehab. Project
Board Meetings - Doc Type
Memo
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Water Project Loan Program - Project Data <br />Borrower: County <br />Louden Irrigating Canal and Res. Co. : Larimer <br />Project Name: Project Type: <br />Rist Benson Reservoir Dam Rehabilitation <br />Dam Repair Project <br />Drainage Basin: Water Source: <br />South Platte River Basin Big Thompson River <br />Total Project Cost: Funding Sources: <br />$290,000 CWCB, Company <br />Type of Borrower: Project Annual Recovery: <br />Blended 150 acre-feet <br /> (Ag., Municipal, Commercial) <br />CWCB Loan: Interest Rate: Term: <br />$263,610 (Including 1% fee) 3.5% 30 years <br />The Louden Irrigating Canal and Reservoir Company (Borrower) owns and operates the Rist Benson <br />Reservoir (Reservoir), which is on the west side of Loveland, Colorado. Since 2005, the Reservoir <br />has been restricted to a gauge height of 10.0 feet due to seepage problems along the dam. The <br />Borrower has repaired two sections of the embankment in previous ye ars. This Project is the third <br />phase of repairs and once completed will increase storage by 150 AF allowing for full storage of 491 <br />AF. The rehabilitation involves excavating and re-compacting sections of the embankment, <br />installation of a toe drai n, and installing riprap on the upstrea m face of the dam. Construction is <br />expected to begin in August of 2009 w ith completion by the end of the year. <br />Horseshoe <br />Lake <br />Lake <br />Loveland <br />Rist Benson <br />Reservoir <br />Boyd <br />Lake <br />Lovelan d <br />Location Map <br />
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