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! COLORADO EmRawWater Storage Repai <br /> Colorado Water <br /> — <br /> oon"��au""o"a� 0ig Elk A�eadovvaAamo�abmn <br /> March 2017 Board Meeting <br /> (Loan Increase) <br /> Project Cost: $4,162,453 <br /> CWCB Loan: $2,020,000 6 <br /> Loan Term and Interest Rate: 6-Yrs @ 0%, 30-Yrs @ 2.75% <br /> Funding Source: Severance Tax PBF <br /> Agriculture Municipal Commercial 4 <br /> Project Type: Reservoir Rehabilitation 7 <br /> Water Storage Preserved: 108 AF I I <br /> During the unprecedented flood ofSeptember 2013inthe <br /> tributaries to the South Platte River, usignificant number County: Boulder/LarimerCou <br /> ofdiversion structures and dams along the river corridor Water Source: W. Fork Little Thompson R. <br /> were damaged. Measured rainfall inand around Big Elkinage Basin:DrO7 South Platte River <br /> 7 <br /> Meadows exceeded the 1,000'yeorAverage Recurrence Division: 1 District: 4 <br /> Interval for rainfall. Flow along the West Fork reached <br /> historic levels and resulted inthe destruction ofall five dams; both flow monitoring stations; the <br /> community's access road ([R-47); the majority of interior roads; and the water, power' and telephone <br /> services. The purpose ofthis project is to restore the community's water supply by reconstructing the <br /> five dams and two monitoring stations. Two of the five dams have been rebuilt and the Association is <br /> seeking an increase to the emergency loan to help with its cash flow during construction and through <br /> the FEMA grant reimbursement period. <br />