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Parker Water and Sanitation District—Lower South Platte Irrigation Research and <br /> • Demonstration Project <br /> At the May 21, 2008 CWCB meeting, the Board approved staff recommendation and denied the <br /> funding request of$750,000 for this project. The Board invited the applicant to address issues <br /> and concerns identified by staff and to re-submit the application for consideration before the <br /> Board at the July 2008 meeting. <br /> Staff has met with the applicant to develop an application/scope of work that addresses the <br /> identified concerns/issues. The applicant has satisfactorily addressed these concerns/issues and <br /> amended the application/scope of work(attached)to reflect these changes, including a <br /> commitment of$50,000 in cash match which satisfies the 10%requirement. <br /> Farmers Reservoir and Irrigation Company(FRICO)—Alternative Water Transfers in the South <br /> Platte Basin using the FRICO system <br /> At the May 21, 2008 CWCB meeting, the Board approved staff recommendation and denied the <br /> funding request of$225,000 for this project. The Board invited the applicant to address issues <br /> and concerns identified by staff and to re-submit the application for consideration before the <br /> Board at the July 2008 meeting. The applicant has satisfactorily addressed these concerns/issues <br /> and amended the application/scope of work(attached)to reflect these changes. <br /> Funding Considerations: <br /> At the May 21, 2008 the Board also approved the motion to set aside $500,000 to be available <br /> • for additional grant requests at the November 2008 CWCB meeting. The Board did state that <br /> prior applicants are not precluded from applying for additional funds in November. Due to this <br /> reservation of money, there is $1,000,000 available at this time. Unfortunately,the total for the <br /> three revised applications equals $1,045,000. Staff has discussed this with PWSD and FRICO <br /> and each are willing and able to reduce their grant request by$22,500. Staff recommendation <br /> reflects this funding reduction. A summary table is provided below. <br /> Revised Funding Modified Funding <br /> Awards/Requests Awards/Requests <br /> Super Ditch $320,000 $320,000 <br /> PWSD $500,000 $477,500 <br /> FRICO 225,000 $202,500 <br /> Total 1,045,000 $1,000,000 <br /> • <br /> 3 <br />