15d_Directors Report - Laserfiche WebLink

Home Browse Search

reservoir is remote and located at 10,000 feet elevation and will require special mobilization techniques. This project was previously approved by the Board in 2006, but has been re - scoped to address SEO concerns and higher then previously anticipated construction costs. The Company received SEO approval in August of 2008. The contractor , Geer - up - Construction, has completed the outlet works, seepage control , and is 75% completed with the reconstruction of the dam embankment. Work was suspended in October of 2008 due to weather. The contractor has negotiated a new contract with the Company to finish the remaining work in the su mmer of 2009. The Company has elected to release the curr ent engineerin g firm and has negotiated a new contract with Vista Engineer, Grand Junction, Colorado to finish the project. Ge er - up - Construction has mobilized on - site and is anticipated to be finished by September of 2009. The SEO has been actively invo lved in the construction and engineering for the proj ect and has approved all work to - date. The total completed project is anticipated to run approximately 10% over the revised budget, approved by the Board in 2008. 15 . Aurora, City of – Raw Water Dis tribution Project Authorization: Construction Fund County: Adams. Arapahoe, & Douglas Water Source: South Platte Project Yield: 10,000 acre - feet Terms of Loan: $ 75,750,000@ 3.75 % for 30 yrs. Projec t Type: Raw Water System Aurora (population 300,000 ) is located in the eastern Denver metropolitan area. The population is expected to exceed 600,000 people by 2050. Aurora’s water supply comes from three major river basins within Colorado and is sensitive to dry or drought conditions. During average and a bove average years, the water supplies are ample to meet the City’s water demands. However, during dry conditions, water supplies are limited because the water rights owned by Aurora are relatively junior. The Prairie Waters Project is a key part of Aurora Water’s comprehensive water resource planning. To meet the demands of its existing customers in dry years, and to meet the increasing demands on the system in the future, the goal of the PWP is to supply 10,000 AF/yr by 2010 and 15,000 AF/yr by 2017. Auro ra Water will accomplish these goals using reusable effluent from its existing portfolio of decreed reusable water rights, supplemented by lawn irrigation return flows and junior water rights. A key component of the PWP is the Conveyance System which inclu des three pumping stations and 33 - miles of 60 - inch diameter pipeline to convey raw water from near . Brighton, Colorado to a purification facility near Aurora Reservoir Total project cost is estimated at $800,000,00 0. Pipeline installation has commenced a nd is approximately 80 % complete. The City is anticipating drawing all loan funds by the end of 2009. 16 . Overland Ditch and Reservoir Company – Reservoir Rehabilitation Authorization: Severance Tax Fund County: Delta Water Source: Cow Creek Pr oject Yield: 17,000 AF Terms of Loan: $1, 130,000 @ 2.5% for 30 yrs. Project Type: Reservoir Rehabilitation The Overland Ditch and Reservoir Company’s 120 members own and operate the Overland Reservoir, located in Delta County in the Gunnison National Fore st at elevation 10,000 - ft. This project involves increasing the current reservoir capacity from 6,200 AF to 7,171 AF, raising the spillway elevation 3.8 feet, installing toe drains, increasing the dam crest width, and additional embankment protecti on. The Overland Ditch Company shareholders at their August 2006 Board Meeting, approved increasing the capacity of the reservoir. The project is currently under design, with construction on - hold until fens can be addressed on - site.