C150301 feas study - Laserfiche WebLink

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■ Reducing unnecessary operational spills. ■ Improving operator safety. The improvements under consideration have been listed and prioritized by the Company's Board of Directors. The Company intends, through the accompanying loan application and this feasibility study, to request a Colorado Water Conservation Board low-interest loan which would be directly related to financing the cost of the phased improvements described here. This study reports on the feasibility of making the desired improvements in consideration of the alternatives (when alternatives exist other than a do-nothing alternative), the probable costs, and the Company's plans for repayment of a CWCB loan. Proiect Sponsor The Riverside Ditch & Allen Extension Company (RD&AEC) is a non-profit mutual irrigation company registered in the State of Colorado. There are 19 shareholders and 1428.33 shares of stock outstanding. The RD&AEC Board of Directors sets annual assessments that are used to pay the expenses of operating the Company, including capitalized costs for improvements. Currently, the assessments are $3.09 per share per year not including a special assessment that was implemented recently in 2009. Water deliveries to shareholders that may not have paid the annual assessments can be terminated. The Company can sell stock, if necessary, to pay past due assessments. RD8�AEC's articles of incorporation and by-laws are included herein in Appendix A. Contacts for the RD&AEC Board, officers, staff, attorney, and engineer are listed in this report immediately following the title page. Proiect Service Area and Facilities Riverside Ditch & Allen Extension Company provides irrigation water to a service area in Chaffee County, Colorado. See Figure 1(bound herein and folded in the binder pocket) for a map of the entire canal system. Historically, the principle irrigated crops are grass hay and livestock pasture. The Company delivers water to agricultural operations of various sizes and no water is currently delivered for municipal irrigation. The service area has never been mapped and the total irrigated area within the service area is unknawn. �E�E=� � vUz �'��S�t�r3/�— i �°t� �I�--�`a��,�/ S1c�✓/C�� ��- � � Generally speaking, the Company's facilities consist of a diversion structure on the o& �.,5. Arkansas River, approximately 8.2 miles of earthen canal, some minor check structures, delivery headgates, main canal flumes, some headgate flumes, spill structures, trash screens, and other minor structures typical of earthen canal irrigation systems. A significant portion of these facilities are in need of repair, upgrades, or replacement. Some headgate deliveries are measured using Parshall flumes but other headgates have no flow measurement. Aqua Engineering, Inc. Riverside Ditch & Allen Extension Co., Feasibility Study October 2009 - 2 -