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Last modified
8/16/2009 2:37:54 PM
Creation date
11/13/2008 11:15:31 AM
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Board Meetings
Board Meeting Date
11/19/2008
Description
CF Section - New Project Loans - Boulder White Rock Ditch and Reservoir Company - Panama Reservoir Outlet
Board Meetings - Doc Type
Memo
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Water Project Loan Program - Project Data <br />Borrower: County <br />Boulder White Rock Ditch & Res Company : Boulder/Weld <br />Project Name: Project Type: <br />Panama Reservoir Outlet Reservoir Pump Station <br />Drainage Basin: Water Source: <br />South Platte Boulder Creek <br />Total Project Cost: Funding Sources: <br />$2,673,000 CWCB, Company <br />Type of Borrower: Average Diversion: <br />52% Ag. / 48% High-Income Muni / 12,000 acre-feet <br /> <1% Municipal <br />CWCB Loan: Interest Rate: Term: <br />$2,430,060 (Including 1% fee) 3.45% 30 years <br />The Boulder White Rock Ditch and Reservoir Comp any (Company) delivers irrigation water to land <br />in Boulder and Weld Counties. It diverts water from Boulder Creek in downtown Boulder through <br />the Boulder White Rock Ditch and stores water in two of its facilities: Six Mile Reservoir and <br />Panama Reservoir. Due to recent operational cha nges, the Company no longer exchanges water with <br />nearby ditches and needs to improve the flexibility in its own system to meets its shareholder’s <br />needs. The Company intends to build a reservoir pump station at the Panama Reservoir outlet in <br />order to use water stored in the reservoir that is unable to be accessed through the existing gravity <br />outlet. The Project design is expe cted to be complete in the fa ll of 2008 with construction occurring <br />during the fall/winter of 2009/2010. <br />Boulder White <br />Upper Lateral <br />Rock Ditch <br />North <br />Branch <br />Panama <br />Reservoir <br />South <br />Six Mile <br />Branch <br />Reservoi r <br />B ou l der <br />Boulder Cree k <br />Location Map <br />
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