CT2016-2053 Contract

• Contract/PO #: CT2016-2053
• Contractor Name: Centennial Water and Sanitation District
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

Project Summary — Centennial Water and Sanitation District
Contract Number CT2016-2053 (C150405A)
SECTION 1 —BORROWER INFORMATION
Name: Centennial Water and Sanitation District
Type of Entity: A Colorado Title 32 Special District
Address: 62 West Plaza Drive, Highlands Ranch, CO 80129
Contact: Bruce Lebsack
Phone Number: 303-791-0430
E-mail address: blebsack©highlandranch.org
SECTION 2—PROJECT DESCRIPTION
A. Description of PROJECT: This CONTRACT is to be used for the Chatfield
Reallocation Project, specific to the "first cost of storage"as defined in Article II.F.1
of the Agreement Between the Department of the Army and the Colorado
Department of Natural Resources for Reallocation of Water Storage Space,
Recreation Modifications, and Compensatory Mitigation Features at the Chatfield
Dam and Reservoir, Colorado" dated October 9, 2014, and is defined as the
"PROJECT". It will provide 20,600 acre-feet (AF) of storage in Chatfield between
elevations 5432 and 5444 MSL for M&I water supply and other purposes including
agriculture, environmental restoration and recreation and fishery habitat protection
and enhancement. The District will directly receive 6,434.9 acre-feet and, through
the South Metro Water Supply Authority, indirectly receive 487.2 acre-feet, for a
total storage space of 6,922.1 acre-feet. The BORROWER'S estimated pro-rata
cost share, based on their storage allotment, is $5,477,000 and the loan amount
approved by CWCB is $4,978,290 which includes a loan service fee of 1% of
$49,290.
B. Description of Feasibility Study: The CWCB has reviewed a feasibility study report
dated August 2013 on the PROJECT, titled "CWSD Participation in the Chatfield
Reservoir Reallocation Project,"which was prepared by Ryan Edwards, P.E.
District Project Manager with support from Bruce Lebsack, District Finance
Director, and Rick McLoud, District of Water Resources Manager and includes an
alternative analysis, cost estimates, and financial statements. The feasibility study
relies on the FR/EIS prepared by the Corps, and the Fish, Wildlife and
Recreation Mitigation Plan (FWRMP) prepared by the Reallocation Participants
in accordance with C.R.S. 37-60-122.2. Based upon the feasibility report,
incorporated herein by reference, the CWCB determined the PROJECT to be
technically and financially feasible.
SECTION 3—CWCB's AUTHORITY
Severance Tax Perpetual Base Fund: This loan is made pursuant to the provisions of
§§ 39-29-109(1)(a)(I), 37-60-119 and 37-60-120, C.R.S., which authorize the CWCB to
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