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_Slate <br /> Table 6—Approximate New Cache and CLP Reservoir Delivery and Consumptive Use <br /> River Reservoir Farm Headgate Consumptive Use <br /> Water Right Diversions Releases Deliveries Credit <br /> (ac-ft/share) (ac-ft/share) (ac-ft/share) (ac-ft/share) <br /> New Cache 14.91 - 11.54 6.64 <br /> CLP Reservoir - 2.76 2.07 1.29 <br /> Co. <br /> kat .o PerRuctd <br /> Alternative No. 2 - Lake Canal& Lake Reservoir ompany <br /> Background <br /> The Lake Canal system consists of Lake Canal and the Gray Reservoirs located along <br /> Box Elder Creek. The Lake Canal system is associated with the New Cache system <br /> through partial ownership in Timnath Reservoir, of which they own approximately ten <br /> percent. With the exception of the partial ownership in Timnath Reservoir, the New <br /> Cache system and the Lake Canal system are generally separate. Irrigated areas <br /> under the two systems do not overlap and each system has an independent delivery <br /> system.9 <br /> The Lake Canal system is governed by two separate entities, the Lake Canal Company <br /> and the Lake Canal Reservoir Company. The Lake Canal Company diverts direct flow <br /> water from the Cache la Poudre River through the Lake Canal Ditch north of the Old <br /> Town area in Fort Collins. There are 260 shares of stock in the Lake Canal Company. <br /> The Lake Canal Reservoir Company owns storage rights decreed on Box Elder Creek <br /> including North Gray Reservoir, South Gray Reservoir, and Gray Reservoir No. 3. <br /> Water stored in the reservoirs is released back into Box Elder Creek and then diverted <br /> into the Lake Canal Ditch for delivery to shareholders. The Lake Canal Reservoir <br /> Company also owns storage rights associated with Lake Canal Reservoir No. 1, which <br /> diverts water from the Cache la Poudre River. Maintenance and repair of the Lake <br /> Canal structures is performed by New Cache through an operating agreement. There <br /> are 160 shares of stock in the Lake Canal Reservoir Company. <br /> Table 7-Lake Canal Direct Flow Rights <br /> Priority Adjudication Appropriation Decreed Flow <br /> No. Date Date Rate <br /> (cfs) <br /> Lake Canal 53 April 11, 1882 November 1, 1872 158.35 <br /> 9 SPDSS Memorandum, Final. Presecan, M. and E.Wilson. March 5,2005. Task 5—Key Structure, New Cache la <br /> Poudre Irrigating Company and Cache la Poudre Reservoir Company <br />