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j c o L o R A D o Water Rights Purchase <br /> Colorado Water <br /> Conservation Board and Gravel Pit Storage Project <br /> Well Au¢mentation Subdistrict of the <br /> Central Colorado Water Conservancy District <br /> Substantially Complete June 1, 2017 <br /> CENTRAL COLORADO WATER CONSERVANCY DISTRICT <br /> aexn GROUNDWATER MANAGEMENT SUBDISTRICT <br /> WELL AUGMENTATION SUBDISTRICT <br /> • •• Ra•ch C Is'+ 3.! -• y - I 'y Y� <br /> �t � •'� INSET .-� 'fit. A, - <br /> cmCI <br /> C7 <br /> Rea3 I Cc= C== i <br /> am <br /> ��• � `` a .. � f[f J ` mF�� - {� �ccwco Fx� c�.a <br /> �. 7. 11-4h F i ® 1 • .,.a. <br /> 7 A, ro <br /> r -- <br /> Rexh E ` � :� inSET <br /> Project Description <br /> The Well Augmentation Subdistrict (WAS) of the Central Colorado Water Conservancy District is located in <br /> Adams, Weld, and Morgan counties. WAS is a special district created by the Weld County District Court on <br /> January 8, 2004, pursuant to the applicable provisions of the "Water Conservancy Act", Section 37-45-101, <br /> C.R.S. It has the power to acquire and sell water rights, construct and operate facilities, exercise eminent <br /> domain, levy taxes, and contract with other agencies. WAS has operated an augmentation plan since <br /> 2004, covering approximately 78 square miles and 214 predominantly agricultural member wells. WAS has <br /> an average annual depletion of 20,400. WAS received this loan to finance the purchase of water rights and <br /> explore gravel pit storage projects. Loan funds were ultimately used to purchase 80 shares of Lupton <br /> Meadows Ditch Company, and 1 share in the Platte Valley Irrigation Company. <br /> Sponsor: Well Augmentation Water Source: South Platte <br /> System of the Central Colorado County: Weld, Adams, Morgan Basin <br /> Water Conservancy District <br /> Type of Loan: Water Rights Purchase Et <br /> Augmentation Facility Board Approval Date: September 2012 <br /> Terms of Loan: (Original) $3,030,000 at 1.75% for 30 years (Final) $1,651,904.79 <br /> Design Engineer: Leonard Rice Engineers, Inc. <br /> Contractor: NA <br /> Water Project Loan Program - Project Summary <br />