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Emergency Loan Application and Feasibility Study [LEFT HAND DITCH COMPANY] Page | 5 Lake and Left Hand Valley Reservoir are located just east of the mountain front. All of the reservoirs are operated by the company in a coordinated fashion with the goal for maximizing the water yield to its shareholders. A schematic diagram of the Company’s ditches and reservoirs is shown in Figure 1. The Company service area is roughly located along Left Hand Creek from the foothills of the Front Range east to Niwot, Colorado, Figure 2. The service area of for the Company includes between 12,000 and 15,000 acres of irrigated farm land in Boulder County, Colorado. The approximate service area boundaries are shown on the map in, Figure 2, which was provided by the Company. As part of its operations the Company operates and exchange agreement with the Left Hand Water District (District) whereby it stores and delivers water to the District for potable water supply. Other municipal shareholders of the company include the Town of Jamestown, Town of Ward, City of Boulder, In supplying water to its shareholders, the Company makes delivers to the lateral headgates along Left Hand Creek. The Company owns the diversion dams, headgates, ditch, and appurtenant facilities down to and including the Parshall flume of each lateral diverting from Left Hand Creek. 1 Below each Parshall Flume, the individual lateral ditch company assumes ownership, maintenance and operations responsibility. Diversions from the St. Vrain Creek are recorded for about 11 years under a gage located on the ditch (LEFTHDCO, 1992-2002, approximately 13,000 ac-ft per year, on average) and as a release from the Left Hand Diversion Point (0502000, 1993-2002, approximately 15,000 ac-ft per year, on average). The monthly release data are generally the same as the gage data except more diversions are listed during the shoulder seasons (May and October) under the release data.2 Damage from September 2013 Floods The extraordinary flooding that began on September 11, 2013 brought massive damage to the Left Hand Ditch System, wiping out major portions of the system and severely damaging others. When the extent of damage became apparent, the Board of Directors issued a resolution declaring an emergency flooding disaster within the company system (Appendix F, attached). On October 2, 2013 the Company, with assistance from staff of the Natural Resources Conservation Service, surveyed the damage to the Left Hand Ditch Company system. The damage identified during and subsequent to that assessment includes the following: Left Hand Creek Parshall Flume and Recorder Station • This is assumed to be a 100% loss. The company has not had the ability to access the site and it is known to be in an area of massive damage to the Left Hand Canyon Road 1 An exception to this is the Haldi Diversion which is maintained and operated by the Left Hand Water District by contract with the Company. 2 Source of this paragraph is SPDSS Memorandum,Final, January 5, 2005, From: LRE – Rick Parsons and Erin Wilson, To: Ray Alvarado and Ray Bennett, Subject: Task 5 – Key Diversion Structures, Left Hand Ditch System