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Last modified
3/26/2010 3:55:23 PM
Creation date
9/30/2006 10:10:45 PM
Metadata
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Template:
Publications
Year
1995
Title
Construction Fund Annual Report 1995
CWCB Section
Finance
Author
CWCB
Description
Construction Fund Annual Report 1995
Publications - Doc Type
CF Annual Report
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<br />Town of Minturn - Bolts Lake Dam and Ditch Rehabilitation <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />1 <br />I <br /> <br />The project includes the purchase and rehabilitation of Bolts Lake and Bolts Ditch as a water <br />supply and recreational facility. This acquisition would help resolve the Town's problems of <br />insufficient raw water storage capacity and umeliable water supplies during the low-flow winter <br />months by adding about 120 acre-feet of raw water storage capacity. The purchase includes <br />acquisition of 150 acres of land on which the lake is located. The rehabilitation work involves <br />minor repairs to the ditch headgate, some improvements to the ditch, raising and improving the <br />dam embankment, and construction of a new spillway. <br /> <br />A water rights and hydrology report has been prepared by McLaughlin Water Engineers. Ltd., <br />of Denver, and the Town has prepared a draft feasibility study. A 404 Permit application will be <br />made to the Corps of Engineers, and the town does not anticipate any significant permitting <br />problems. The town is undertaking an aggressive water conservation program to reduce per <br />capita water demands. <br /> <br />The town is experiencing a significant amount of development and increasing water demands due <br />to its proximity to the Vail and Beaver Creek resort areas. The municipal water system provides <br />service to about 650 taps. In 1995, the Town Council twice increased water rates to generate tht. <br />revenues needed to pay for the Bolts Lake project and other capital improvements. Residential <br />water rates are expected to increase from the current $31 per month to about $34. Water and <br />Sanitation Fund revenues are projected by the town to exceed operating costs and debt service <br />over the period of CWCB debt retirement. <br />
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