CT2015-012 Loan Increase

• Contract/PO #: CT2015-012
• Contract/PO #: C150342
• Contractor Name: Sanchez Ditch and Reservoir Company
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

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��c o� o a A � o Sanchez Reservoir Outtet Rehabi litation Project
Colorado Water
Conscrvadon 8oard Sanchez Ditch and Reservoir Company
May 2017 Board Meeting
Project �ost:
CWCB Loan (with Service Fee):
LoQn Term andlnterest Rate:
fundina Source:
•icu(ture MuniripQl
10096 096 Low - 0� Mfd - 0% Hi
(2"a Loan Increase}
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S2,4d2,00Q ', �J-�� -.i
$1,502,476 5
40 Years @ 2.096 A._�
Commerciof !
0% �
Dam Rehabilitation
15, OOOAF
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The Sanchez Ditch and Reservoir Company provides � �
irrigation water for users in Costilla County, southwest of County: Costilla
the town of San Luis. Its primary storage reservoir is WQter Source: Vente�o Creek
Sanchez Reservoir. The approximately 104,000 acre-foot Droinage Basin: Rio Grande
reservoir was built in 1910. 7he resei-voir's outlet p��sion: 3 District: 24
originally incEuded a 135 foot tall concrete gate tower. --
To operate the dam, a tramway/gondola ran along a
cable and was powered by a portabte gasoline generator. Because daily access to the tower was
required during irrigation season, the reliability and safety of the gondola system had been a concern
of the Company. Using loan and grant funds, the Company replaced the outlet tower with new cont�ol
gates and operators; patched the outlet conduit; repaired the downstream outlet structure. It is in the
process of addressing seepage monitoring concerns. The seepage monitoring (both installation of
equipment and engineering to review and analyze the data) is more expensive than the Company
originally budgeted. Therefore, the Company is requesting a 5120,000 loan increase. With this increase
the total CWCB funding into the projett will be 51,502,47b in loan funds and S914,400 in Water Supply
Reserve Fund Grant funds.
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Water Project �oan Program - Project Data Sheet