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C150308 approval ltr
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C150308 approval ltr
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Last modified
3/15/2012 9:14:41 AM
Creation date
5/19/2010 2:21:31 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150308
Contractor Name
Parkville Water District
Contract Type
Loan
County
Lake
Loan Projects - Doc Type
Approval Letter
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CWCB Water Project Loan Program <br />Project Data Sheet <br />Borrower: Parkville Water District <br />Project Name: Canterbury Tunnel Repair <br />Drainage Basin: Colorado River <br />Total Project Cost: $2,520,000 <br />Type of Borrower: Low Income - Municipal <br />Loan Amount: $1,838,200 (Including 1% fee) <br />County: Lake <br />Project Type: Rehabilitation <br />Water Source: East Fork Arkansas <br />Funding Sources: Construction Fund <br />Project Diversions: 1,086 AF <br />Interest Rate: 4.0% Term: 30 years <br />The Parkville Water District provides municipal water for the Town of Leadville and surrounding <br />areas. The District provides service to about 2300 taps. The Canterbury Tunnel has been a critical <br />water supply source to the District for over 45 years. The Tunnel originally served as mine <br />drainage; however, because it was of such good quality and reliability the District added it to its <br />water supply system. About 15 years ago, the flow of water was significantly reduced due to a <br />collapse in the tunnel. The District proposes to drill a new well to access the functioning part of the <br />tunnel and pump the water to the District's distribution system. The Project design is nearly <br />complete and construction is projected for the falUwinter 2010. <br />► �_ <br />: � .��?�'I Tim� �."�p� � �. <br />t' <br />i� <br />� Evans Gulch <br />, . Reservoir <br />, �,���� <br />e�.wi r,w�cn i�..tce+wr <br />w�,�r f� <br />�> � � <br />, . ,. _ _ <br />. �; . � <br />�M r . <br />;��.` f° . " �rasas Ci.A� W'Me* <br />, - *... .4 ,—.. Trrarwwua afart � . <br />, . � � fv�rti�C�i�akR t 1.R', • . <br />+ �� ,°,� ., .�. . <br />�Rw4�M �+A U 5 AM� �"�^ • . � � . <br />�.� �� , � , , . <br />. �: � <br />. . '- , e� � . <br />
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