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* DNR I COLORADO North Gray Reservoir Rehabilitation <br /> CO - Colorado Water Lake Canal and Reservoir Company <br /> Conservation Board y <br /> ,,.., r ,'N,, „j„ ,,,,,r" November 2015 Board Meeting <br /> (Loan Increase) <br /> L O A N D E T A I L S -- - <br /> Project Cost: $334,750 tillPr TS <br /> CWCB Loan (with Service Fee): $204,298 <br /> 6 <br /> Loan Term and Interest Rate: 30 Years @ 2.10% <br /> Altrifj Funding Source: Construction Fund <br /> B O R R O W E R T Y P E �Agriculture Municipal Commercial <br /> 86% 0% Low - 8% Mid - 0% High 6% <br /> P R O J E C T D E T A I L S <br /> 3 <br /> Project Type: Reservoir Rehabilitation 41114116. ",.. <br /> Average Annual Delivery: 1,120 AF <br /> Preserved Storage: 75 AF - <br /> L 0 C A T_ ..L <br /> The Lake Canal Reservoir Company obtained a CWCB loan County: Larimer and Weld <br /> to construct a new spillway on North Gray Reservoir. The Water Source: Boxelder Creek <br /> reservoir is currently under a storage restriction by the Drainage Basin: South Platte <br /> Office of the State Engineer (SE0). The existing spillway Division: 1 District: 3 <br /> is a corrugated metal pipe that has corroded through. <br /> The Project scope has increased due to additional video inspection of existing structures and in <br /> coordination with the Boxelder Basin Regional Stormwater Authority's (Stormwater Authority) East Side <br /> Detention Facility (ESDF) flood control project. During final design, a video inspection of North Gray <br /> Reservoir's existing outlet and the interconnect between North and South Gray Reservoirs showed both <br /> structures are in need of repair. As this presented a new dam safety concern, the Company determined <br /> to add the abandonment of the existing outlet and the replacement of the interconnect structure to <br /> the Project scope so it can be completed at the same time as the original spillway project. The <br /> successful completion of this expanded Project will be sufficient to lift the current SEO storage <br /> restriction. Bids were received in September 2015 and the Company is requesting this loan increase in <br /> response to the updated Project cost. <br /> ), North Gray <br /> Project Site <br /> ray k3 <br /> Boxelder Creek <br /> Ft. Collins <br /> 4 <br /> Cache La 4 <br /> ®Caul Ditch <br /> Service Area <br /> Lake PM , <br /> N i . - — <br /> A _ <br /> I _ s <br /> of <br /> Water Project Loan Program - Project Data Sheet <br />