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Table 6 –Approximate New Cache and CLP Reservoir Delivery and Consumptive Use <br />RiverReservoir Farm Headgate Consumptive Use <br />Water RightDiversionsReleasesDeliveriesCredit <br />(ac-ft/share)(ac-ft/share)(ac-ft/share)(ac-ft/share) <br />New Cache14.91- 11.546.64 <br />CLP Reservoir <br />- 2.762.071.29 <br />Co. <br />Alternative No. 2 - Lake Canal & Lake Reservoir Company <br />Background <br />The Lake Canal system consists of Lake Canal and the Gray Reservoirs located along <br />Box Elder Creek. The Lake Canal system is associated with the New Cache system <br />through partial ownership in Timnath Reservoir, of which they own approximately ten <br />percent. With the exception of the partial ownership in Timnath Reservoir, the New <br />Cache system and the Lake Canal system are generally separate. Irrigated areas <br />under the two systems do not overlap and each system has an independent delivery <br />9 <br />system. <br />The Lake Canal system is governed by two separate entities, the Lake Canal Company <br />and the Lake Canal Reservoir Company. The Lake Canal Company diverts direct flow <br />water from the Cache la Poudre River through the Lake Canal Ditch north of the Old <br />Town area in Fort Collins. There are 260 shares of stock in the Lake Canal Company. <br />The Lake Canal Reservoir Company owns storage rights decreed on Box Elder Creek <br />including North Gray Reservoir, South Gray Reservoir, and Gray Reservoir No. 3. <br />Water stored in the reservoirs is released back into Box Elder Creek and then diverted <br />into the Lake Canal Ditch for delivery to shareholders. The Lake Canal Reservoir <br />Company also owns storage rights associated with Lake Canal Reservoir No. 1, which <br />diverts water from the Cache la Poudre River. Maintenance and repair of the Lake <br />Canal structures is performed by New Cache through an operating agreement. There <br />are 160 shares of stock in the Lake Canal Reservoir Company. <br />Table 7 - Lake Canal Direct Flow Rights <br />Decreed Flow <br />PriorityAdjudicationAppropriation <br />Rate <br />No.DateDate <br />(cfs) <br />Lake Canal53April 11, 1882November 1, 1872158.35 <br />9 <br />SPDSS Memorandum, Final. Presecan, M. and E. Wilson. March 5, 2005. Task 5 – Key Structure, New Cache la <br />Poudre Irrigating Company and Cache la Poudre Reservoir Company <br /> <br />