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C150396 Increase Approval Letter
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C150396 Increase Approval Letter
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Last modified
2/3/2015 3:34:05 PM
Creation date
11/21/2014 12:00:41 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
CT2015-140
C150396
Contractor Name
Northern Colorado Water Conservancy District
Contract Type
Loan
Loan Projects - Doc Type
Approval Letter
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4, DAAN R COLORADO Granby Hydropower Project <br /> CO 7 Colorado Water Northern Colorado Water Conservancy District <br /> Conservation Board y <br /> November 2014 Board Meeting <br /> L O A N D E T A I L S <br /> Project Cost: $5,669,340 ' I <br /> CWCB Loan (with Service Fee): $5,135,183 <br /> Loan Term and Interest Rate: 30 Years ®2.0% '^,/l <br /> Funding Source: Severance Tax Perpetual Base Fund O <br /> in W E R T Y P E <br /> B 0 R R O +� 40011100.\001—'d' •,�II <br /> Hydropower <br /> P R O J E C T D E T A." <br /> Project Type: Hydroelectric <br /> Average Annual Power Production: 4.9M KWh . <br /> �� <br /> 1 Northern Water Hydropower Water Activity Enterprise a <br /> government -business owned by the Northern Colorado L O C A T I O N <br /> Water Conservancy District is applying for a loan for the County: Grand <br /> construction of the Granby Hydropower Project. The Water Source: Colorado River <br /> Project is located at the existing Colorado - Big Thompson Drainage Basin: Colorado <br /> Project Granby Dam and will utilize the existing releases Division: 5 District: 51 <br /> to the Colorado River without changing the flow regime. <br /> The hydro station will use the minimum streamflow obligations and a portion of additional releases to <br /> generate power through a 1.2-megawatt facility. The Project is being performed under the U.S. Bureau <br /> of Reclamation's Lease of Power Privilege (LOPP) process. Power generated will be purchased by <br /> Mountain Parks Electric, Inc. per a 30-year Power Purchase Agreement (PPA). The anticipated Project <br /> schedule is to finalize the LOPP and PPA by end of 2014. Construction will occur in the summer/fall of <br /> 2015 and is expected to be operational by the summer of 2016. <br /> Ncnhor ri„. n; <br /> _i <br /> . Iyons <br /> Ifnai Hd+€flt Op,,SP86t , (a6". <br /> Project Site <br /> (Longmont) T' <br /> «t mnr hod Yeller Ranch, <br /> N, of * 1 <br /> ty` "s2 <br /> [IGranb <br /> y r:; (�; av banal <br /> f✓ Erie <br /> NrllrllrIIIIII "A. <br /> Boulder <br /> r, sr <br /> t <br /> ''&',.. 1` " =' _ '�; t „. .i,r,... , Th,rt,.. <br /> to .r�` -p4 . • -w \ <br /> 33 <br /> e *Ir ! _q, Westtnm er w. <br /> yr .: -.- '4 .... <br /> . =Y, a, , Arvid `', <br /> N.. -7,...' <br /> , �"� Wheat Ridge N <br /> x <br /> ❑« Denver <br /> Lake Granby Tunnel Outlet <br /> Water Project Loan Program - Project Data Sheet <br />
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