Board Meeting 12/05/1979

• Board Meeting Date: 12/5/1979
• Description: Minutes, Agenda, Memorandums December 5, 1979
• Board Meetings - Doc Type: Meeting

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ensued between the Board members and Mr. Steve Arthur, President of the
Brook Forest Water District, concerning the plan of augmentation and
water rights which underlie the proposed project . Mr. Authur noted
that part of the project has to do only with the upgrading of existing
facilities and it is only the balance of the project which is con-
tingent upon court approval of suitable plans of augmentation and the
associated water rights . In light of this fact, Mr. Smith moved,
seconded by Mr. Jackson, that the Board accept the staff's recommenda-
tion for the project with the condition that funding be made available
for that part of the project which was dependent upon the plan of
augmentation and the associated water rights only when such plan of
augmentation was approved by the Water Court. After a brief discussion,
the motion was passed unanimously on a voice vote.
The next item which the Board considered was the Shooks Run
Flood Control Project in Colorado Springs . Mr. Ioannides reviewed
the project for the Board, noting that it was the staff's recommenda-
tion that $500 ,000 of the total estimated cost of $1,000 ,000 be
financed by the Board at a service charge of 2 percent. Mr. Stapleton
then called on Mr. Bob Martin, Special Projects Administrator for the
City of Colorado Springs , who commented on several details of this
proposed flood control project. Mr. Kroeger then moved, seconded by
Mr. Getz, that the Board accept the staff's recommendation. There
being no further discussion, the motion was passed on a unanimous voice
vote.
The next project to be considered was the Palisade Project, which
was introduced by Mr. Ioannides . He reported that the staff recom-
mended that the Board finance $1,000 ,000 of the total 2. 5 million
dollar project cost at a service charge of 4 percent. Mr. Stapleton
then called on Mr. Tom Copeland, Mayor of Palisade, who spoke briefly
about the project. Considerable discussion then ensued about the
additional sources of funding which Palisade hoped to receive in order
to build the entire project. It was noted by Mr. McDonald that when
the Board approves a project, it is always understood that such
approval is contingent upon the local sponsoring entity being able to
receive the other forms of financing which they intend to obtain.
Absent receipt of those other financial arrangements , the staff never
commences with construction of a project. There being no further
discussion, Mr. Kroeger moved, seconded by Mr. Vandemoer, that the
Board accept the staff's recommendation on this project . The motion
was passed by a unanimous voice vote .
Mr. Ioannides then brought before the Board the proposed Manitou
Springs Project. He summarized the project briefly, noting that the
total estimated cost was $2,000 ,000 . The staff recommended that the
Board finance $1,000 ,000 of the project with a service charge of
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