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C150375 Increase Approval Letter
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C150375 Increase Approval Letter
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Last modified
12/19/2014 2:11:58 PM
Creation date
11/13/2014 10:48:51 AM
Metadata
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Template:
Loan Projects
Contract/PO #
CT2015-010
C150375
Contractor Name
Consolidated Home Supply Ditch and Reservoir Company
Contract Type
Loan
Loan Projects - Doc Type
Approval Letter
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* oNR COLORADO <br /> Emergency Big Dam Diversion Structure Repair <br /> cotr Colorado Water <br /> ' Conservation Board Consolidated Home Supply Ditch Et Reservoir Company <br /> ., �.. �. September 2014 Board Meeting <br /> (Loan Increase) <br /> L O A N D E T A I L S ^. _ <br /> Project Cost: $2,775,000 G �.�,, , <br /> CWCB Loan (with Service Fee): $1,840,000 (15%increase) ` 1 <br /> Loan Term and Interest Rate: 30 Years ® 1.95% `' �r ,/ <br /> Funding Source: Severance Tax Perpetual Base Fund <br /> 5 <br /> B O R R O W E R T Y P E ., <br /> Agriculture Municipal Commercial d <br /> 76% 0% Low - 23%Mid - <1% High <1% <br /> P R O J E C T D E T A I L S <br /> Project Type: Diversion Rehabilitation - AIMIg <br /> Average Annual Diversion: 22,000 AF ;5 <br /> During the unprecedented flood of September 2013 in the L 0 C A T I O N <br /> tributaries to the South Platte River, a significant number County: Larimer <br /> of diversion structures and dams along the river corridor Water Source: Big Thompson River <br /> were damaged including the Company's "Big Dam" Drainage Basin: South Platte <br /> diversion structure. During the flood, the top five feet of Division: 1 District: 4 <br /> the masonry dam structure was washed out and the <br /> mortar between masonry blocks on the north abutment was partially lost. Field observations show that <br /> the river was overtopping the structure by approximately 10 feet. The purpose of this project is to <br /> restore the "Big Dam" diversion structure to its pre-flood crest elevation while improving the structural <br /> integrity of the structure. <br /> As part of the design and evaluation process, the Company worked with FEMA, the Engineer, and the <br /> Construction Manager to identify any appropriate flood mitigation measures. As a result, improvements <br /> will be made to the Big Dam's spillway capacity by reconstructing the abandoned spillway and <br /> modifying the Company's headgates. Incorporating these improvements will increase the total Project <br /> cost from $1.6 million to $2.8 million. The Company has agreements with FEMA and the City of <br /> Loveland to provide funding assistance. The cost-share agreement with the City allows this increase <br /> request to only be $240,000. Construction is on-going and is expected to finish in winter of 2014/15. <br /> Fort Collins <br /> ,t,,.,• " <br /> t <br /> 1-25 l FLOOD DAMAGED DAM CREST �# <br /> HWY 287 �� °' !' .' <br /> Project Site z . <br /> HWY 34 .. <br /> C veland) <br /> 75% REPAIRED DAM CREST F <br /> tor, <br /> icomtown <br /> /46 Whiten <br /> Water Project Loan Program - Project Data Sheet <br />
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