C150251 Approval Letter - Laserfiche WebLink

Home Browse Search

Montezuma Valley Irrigation Company Agenda Item 15c July 2,2007(Revised July 16,2007) Page 2 of 4 several large cracks and large holes, which has added to the leakage problem. This canal delivers water to 105 shareholders out of the 1358 shareholders (7%) within the MVIC system. The Company is looking for funding assistance from Natural Resources Conservation Service (NRCS) — Cortez Office. NRCS has indicated that salinity program funding between $500,000 and one million dollars may be available. This CWCB loan request has been analyzed assuming the NRCS funding is not available. It is our understanding that the Project will be constructed with or without the NRCS funding. Feasibility Study Jim Siscoe, General Manager, has submitted the Loan Feasibility Study in accordance with CWCB guidelines. The study includes an assessment of alternatives available for ditch rehabilitation. The preliminary engineering and cost estimate was prepared by Gerald Knudsen, PE, of AgriTech Consulting. The study includes MVIC's equipment price list that will be used to determine progress payments for construction of the Project. The Montezuma Valley Irrigation Company The Company is a non-profit mutual ditch company registered in the State of Colorado in 1920. There are 1358 share holders and 33,284 shares of stock. The Company has the power to set annual assessments to be paid by the shareholders and the power to cut off water deliveries to shareholders that fail to pay their assessments. The Company provides irrigation water to approximately 46,000 acres of irrigated land in the service area. The Company's service area is located entirely within Montezuma County. The Dolores Water Conservancy District owns 170 shares representing 0.5% of the total shares and The City of Cortez owns 177 shares representing 0.5% of the total shares. Water Rights The source of water for the Company is direct flow water rights out of the Dolores River. The water rights diverted at the Company's headgate consist of 9 rights with dates of appropriation ranging from 1863 to 1905 and totaling 795 cfs. Records indicate that the total average annual diversions are 128,000 acre-feet. State Engineer's Office records indicate a maximum diversion rate of 800 cfs in 2000. Project Description The purpose of this project is to provide a means for the Company to continue providing irrigation water to shareholders while minimizing the occurrence of future failures or loss of water via leaks. Four alternatives were considered: 1. The no action alternative 2. Continue with temporary repairs ($1,200 to $4,000 per year) 3. Repair concrete portion of canal ($1.5 million) 4. Place entire canal in pipe ($5.8 million)