Laserfiche WebLink
Inverness Water and Sanitation District Agenda Item 30b <br /> May 9,2014(Updated May 23,2014) <br /> Page5of7 <br /> Borrower: Inverness Water and Sanitation District <br /> In 1973, Inverness was formed pursuant to Article 1 of Title 32 C.R.S. to provide water supply and <br /> treatment systems for the customers within their service area. The District meets the requirement for a <br /> state-approved conservation plan by virtue of its participation in the cooperative Douglas County <br /> Water Conservation Plan, which combines the individual conservation plans of 15 regional water <br /> providers into a single document. <br /> The District is located in Arapahoe and Douglas Counties. The District contains about 1,000 acres with <br /> approximately 2/3 of the development in unincorporated Arapahoe County and 1/3 in unincorporated <br /> Douglas County. Current annual water demands are between 1,000 and 1,100 acre-feet per year for <br /> both potable and non-potable uses. Current water delivery is approximately 50% from Denver Water <br /> and 50% from non-tributary well pumping. The District currently serves 2,400 single family <br /> equivalents (SFEs). <br /> The District has an independent water system with potable water provided from 4 non-tributary wells, <br /> and through a permanent water lease with Denver Water. Denver Water supplies are delivered through <br /> the systems of the Southgate Water District and the Castlewood Water District, both distributors of <br /> Denver Water. <br /> Water Rights <br /> The District has non-tributary ground water rights amounting to 2,402 acre-feet annually in the <br /> Dawson, Arapahoe and Laramie-Fox Hills Aquifers. Currently the District has developed potable <br /> water wells only in the Arapahoe Aquifer with the ability to deliver 1,305 acre-feet per year. Dawson <br /> Aquifer Wells have also been constructed but are low producing wells and quality precludes direct use <br /> in the potable system. The contract with Denver Water allows delivery of 593 acre-feet of renewable <br /> surface water supply. Both the non-tributary ground water and the Denver contract supply are reusable. <br /> Water supply is delivered through the District's distribution system and potable water storage. <br /> Wastewater treated at the Lone Tree Creek Water Reclamation Facility, which is owned and operated <br /> by the Arapahoe County Water and Wastewater Authority. Inverness stores the treated effluent in a <br /> 425 acre-foot reservoir and then fully reuses this supply for irrigation of a golf course and numerous <br /> commercial and multi-family residential projects. <br /> Borrower's Participation <br /> Inverness has subscribed to 500 acre-feet of water on an average annual basis through the WISE <br /> Project. <br /> Inverness will have a connection to the East Cherry Creek Valley (ECCV) Western Pipeline near the <br /> intersection of South Jamaica Street and E-470. Immediately downstream of the connection will be a <br /> below-grade vault with flow control and metering equipment. Downstream of the vault will be <br /> approximately 1,800 feet of 10-inch pipe to connect to the existing Inverness distribution system. <br /> In addition, Inverness may participate in the pipeline, pump station, and Rueter-Hess Reservoir fill <br /> pipeline being constructed by Parker as part of the WISE Project. The District is continuing to <br /> evaluate its participation to provide supplemental storage. If added, Inverness will fund these <br /> improvements through existing cash reserves. <br /> The estimated total project cost for all of the WISE Project components is $147.5M. The amount that <br /> each WISE Authority member is required to pay depends on the amount of water each WISE Authority <br /> member has committed to taking, as well as the amount of local infrastructure that must be constructed <br /> to deliver each member's WISE water. The District's funding is shown in Table 3 below: <br />