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Water Project Loan Program — Project Data Sheet <br />Borrower: Town of La Veta <br />Project Name: La Veta Dam Rehabilitation <br />Drainage Basin: Arkansas River, District 16 <br />Total Project Cost: $410,000 <br />Type of Borrower: Low - Income Municipal <br />(with request for a Restricted Reservoir reduction) <br />CWCB Loan: $372,690 (w/ 1% service fee) <br />County: Huerfano <br />Project Type: Dam Rehabilitation <br />Water Source: Cucharas River <br />Funding Source: Construction Fund <br />Avg. Annual Delivery: 209 AF <br />Interest Rate: 3.00% Term: 30 years <br />The Town of La Veta is responsible for supplying its residents with potable water. The primary water <br />source for La Veta is from a diversion on the Cucharas River. The town stores raw water in two <br />reservoirs (North Lake and South Lake) to supplement the river diversions in times of low flow and in <br />periods of drought. North Lake reservoir has exhibited growing signs of distress over the years and the <br />SEO issued a 2.5 -foot restriction on the dam in March 2011. The restriction cost the Town 17 AF of <br />storage capacity. The La Veta Dam Rehabilitation Project is intended to repair the dam and outlet works, <br />restoring the capacity lost from the restriction. <br />4 <br />