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Last modified
8/16/2009 2:37:52 PM
Creation date
11/13/2008 10:52:52 AM
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Board Meetings
Board Meeting Date
11/19/2008
Description
CF Section - New Project Loans - Center of Colorado Water Conservancy District - James Tingle Reservoir
Board Meetings - Doc Type
Memo
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<br /> <br />CWCB Construction Loan Program <br />Project Data Sheet <br /> <br />Borrower: Co unty <br /> Center of Colorado Water : Park <br /> Conservancy District <br />Project Name: Project Type: <br /> James Tingle Reservoir New Reservoir <br /> <br />Drainage Basin: Water Source <br /> South Platt e : Michigan Cree k <br /> <br />Total Project Cost: Funding Sources: <br />$ 3,565,000 CWCB , Ad - Valorum tax <br /> <br />Type of Borrower: New Storage: <br /> Middle Income Municipal 400 AF <br />Average Delivery : <br /> 67 AF (Augmentation) <br /> <br /> <br />Loan Amount: Interest Rate: Te rm: <br />$ 4 5 4,5 00 (Including 1% fee) 3 . 5 % 10 years <br /> Reduced from 4. 0 %, 30 year <br /> <br />The Center of Colorado Water Conservancy District is applying for a $450,000 loan as its <br />participation cost in the construction of the James Tingle Reservoir. The District has partnered <br />with the Centen nial Water & Sanitation District to construct the Reservoir. The total Project cost <br />th <br />estimate is $3,565,000 and the District is responsible for 1/7 of the cost ($509,000). This loan <br />ruction of the Reservoir is <br />instream flow rights on Michigan and Tarryall Creeks). The 400AF Reservoir is located adjacent to <br />Michigan Creek in Park County near the town of Jefferson. Of the 400AF Reservoir capacity, <br />195AF is return flow obligation and 30AF is excess capacity for use by the District for storage of <br />augment ation water in its service area. <br />JEFFERSON <br />HWY 285 <br />MICHIGAN CREEK <br />JAMES TINGLE <br />RESERVOIR SITE <br />TO FAIRPLAY <br />LOCATION MAP <br />
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