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PROJC02411
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PROJC02411
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Last modified
1/27/2010 11:19:20 AM
Creation date
4/3/2009 12:02:02 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C150289
Contractor Name
South Metro Water Supply Authority
Contract Type
Loan
Water District
0
County
Adams
Arapahoe
Douglas
Denver
Loan Projects - Doc Type
Approval Letter
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CWCB Construction Loan Program <br />Project Data Sheet <br />Borrower: South Metro Water Supply Authority County: Adams, Denver, Arapahoe, <br />Douglas <br />Project Name: Water Supply Pipeline Capacity Project Type: Pipeline <br />Acquisition Project <br />Drainage Basin: South Platte Water Source: South Platte River <br />Total Project Cost: $25,700,000 Funding Sources: Construction Fund <br />Type of Borrower: Municipal (High-Income) Average Delivery: 10,750 acre-feet* <br />*Loan Applicants only <br />Loan Amount: $5,090,400 (including 1% service fee) Interest Rate: 4.5% Term: 30 yeazs <br />South Metro Water Supply Authority (Authority) is made up of 13 independent water providers that <br />serve communities in the southern area of inetro Denver. Currently, the Authority members rely <br />mainly on gro"undwater aquifers to supply the area's M&I needs. Because this source is <br />nonrenewable, members have been working to identify new supplies of water and opportunities to <br />share resources and infrastructure to reduce dependence on groundwater. The Authority intends to <br />acquire capacity in the East Cherry Creek Valley Water and Sanitation District (ECCV) Northern <br />Supply Pipeline (Pipeline) as a means to convey renewable water supplies, recapture consumable <br />return flows, and increase operational flexibility. The Pipeline is a 48-inch steel pipe that runs from <br />Barr Lake to ECCV's service area (located to the east of Cherry Creek Reservoir). The capacity is 47 <br />million gallons/day (mgd). The Pipeline is a regional transmission line and will deliver water both <br />to storage reservoirs and directly to Authority members who will then deliver the water through their <br />distribution systems. The Authority is acquiring a total of 31.98 mgd of excess capacity from <br />ECCV. The four members seeking funding from the CWCB will be acquiring 6.55 mgd of this total <br />capacity. Final purchase and operating agreements are still under negotiation. It is expected that the <br />purchase will take place in late spring 2009. <br />__ , ~ _.. . _ __ _, ; , - <br />. , ~ .` , SMYYSA M-a~T«~ aroi.e~ ovN~.w ~ <br />~~ <br />wurr ~,..,......_,_.,. <br />, , __ „,,... <br />Location Map <br />
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