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CWCB Construction Fund Loan Application <br />James Tingle Reservoir -Loan and Project Feasibility Overview. <br />Purpose. The purpose of the project is the construction of the James Tingle Reservoir <br />and related facilities ("JTR"). The James Tingle Reservoir is a joint project between <br />Center of Colorado and the Centennial Water & Sanitation District for the construction of <br />a 400 AF storage reservoir adjacent to Michigan Creek in Park County, near the town of <br />Jefferson. The storage capacity of the JTR will be allocated approximately 195 AF to <br />Center of Colorado and 205 AF to Centennial. Of the Center of Colorado's 195 AF of <br />storage capacity in the JTR, approximately 165 AF is allocated to the return flow <br />obligation for implementation of the Randall and Sessions Ditch change decree, and 30 <br />AF is excess capacity for use by Center of Colorado for storage and augmentation <br />purposes in its service area. <br />The primary purpose and need for the Reservoir is as anon-irrigation season return flow <br />facility for the replacement of return flows to Michigan Creek as required by the decree in <br />Case No. 2005 CW111, which decree adjudicated the change of the Randall and <br />Sessions Ditches from irrigation to municipal and augmentation purposes by Center of <br />Colorado and Centennial. See, Decree attached as Appendix B. <br />Pursuant to its May, 2003 Agreement with Centennial (See, Appendix D-1), Center of <br />Colorado owns the 706 AF of average annual adjudicated consumptive use yield of the <br />Randall and Sessions Ditches, subject to Centennial's lease rights. Center controls the <br />first 200 acre feet of average annual consumptive use and Centennial leases the balance <br />(average of 506 AF) for two, 50 year terms. Centennial and Center of Colorado split the <br />costs of the project 6/7t"S and 1/7t", respectively. Centennial has appropriated the funds <br />necessary to pay its share of the JTR construction costs. <br />Center of Colorado currently controls the first 200 AF of yield from the Randall and <br />Sessions Ditches, thus it has a present need for storage far in excess of its 30 AF of <br />excess storage capacity in the JTR. However, siting constraints limited the size of the <br />facility to 400 AF and budgetary constraints limited Center of Colorado's ability to afford <br />additional excess capacity beyond the 30 AF. <br />Center of Colorado recently completed the adjudication of a "blanket" plan for <br />augmentation with the Upper South Platte Water Conservancy District (the "Districts' <br />Augmentation Plan"). The service are of the Districts' Augmentation Plan is all of Park <br />County (the Center of Colorado's service area} and the area within Jefferson, Douglas, <br />Teller and Clear Creek Counties above Two Forks (the Upper South Platte Water <br />Conservancy District's service area). The Sessions Ditch (adjudicated for 29 AF per year <br />of average annual consumptive use, See Appendix 8) was adjudicated as an <br />augmentation water source for the Districts' Augmentation Plan. The Center of Colorado <br />needs the 30 AF of excess storage in JTR and the 165 AF of return flow storage for <br />effective operation of the Districts' Augmentation Plan and in order to use the water rights <br />adjudicated in 05CW111. The 05CW111 decree requires the construction of the return <br />flow facility as a precondition to use of the water Randall and Sessions water rights. <br />8 <br />