C150137 Feasibility Study

• Contract/PO #: C150137
• Contractor Name: Lake Meredith Reservoir Company, The
• Contract Type: Loan
• Water District: 17
• County: Crowley
• Loan Projects - Doc Type: Feasibility Study

1987
15
4248.91
$
-
$
-
1988
16
4245.69
$
128,000
$
71,074
1989
17
4242.41
$
128,000
$
68,340
1990
18
4243.25
$
128,000
$
65,712
1991
19
4242.82
$
128,000
$
63,184
1992
20
4244.87
$
128,000
$
60,754
1993
21
4245.40
$
128,000
$
58,418
1994
22
4247.80
$
-
$
-
1995
23
4251.46
$
-
$
-
1996
24
4252.51
$
-
$
-
1997
25
4252.85
$
-
$
-
1998
26
4252.04
$
-
$
-
1999
27
4251.94
$
-
$
-
2000
28
4247.77
$
-
$
-
2001
29
4246.42
$
128,000
$
42,685
2002
30
4242.15
$
128, 000
$
41,043
Present Value of Future Dredging for 30 years
$
1,637,405
4. The facilities that are included in the design for sediment removal from Bob Creek
inflow and the reconfiguration of the outlet (so that it is not routed through the low
point of the reservoir) will result in the release of less sediment to the Arkansas
River.
SOCIAL, LOCAL ECONOMIC, AND PHYSICAL IMPACTS
The project will have short and long -term positive social effects to the area,
particularly if the current drought conditions continue. Without the new channel, the cost
for water will continue to increase (because of maintenance dredging) and it is possible
that an increase in the dead storage pool will be unavoidable, resulting in less water
availability. The project will therefore ensure continued availability of water for local
agriculture. In addition, the construction project will provide employment for up to four
additional people, at a time when unemployment is expected because of the drought.
The project will not result in negative physical impacts.
CONCLUSIONS
1. The Lake Meredith Reservoir Company is an incorporated entity in the State of
Colorado with the ability to enter into a contract with the CWCB for the purpose of
obtaining a Construction Fund loan.
Lake Meredith Res. Co. 3/7/03
Feasibility of Outlet Channel Page 10