Laserfiche WebLink
<br />Windsor Reservoir and Canal Company - Dam and Canal Rehabilitation Program <br />Phase 1 - Poudre Valley Canal and Cobb Lake Pipeline <br /> <br />The Windsor Reservoir and Canal Company of Eaton, Colorado, is a non-profit corporation established in <br />1890 to provide irrigation water to ditch systems owned by its members located in Larimer and Weld <br />Counties. The Company has 1,000 shares of stock outstanding with about 350 shareholders. All water for <br />the system is diverted from the Cache la Poudre River through the Poudre Valley Canal under a portfolio <br />of relatively senior water rights. The Poudre Valley Canal is over 25 miles long and is used to fill all six of <br />the Company's reservoirs. The company supplies an average of about 30,000 acre-feet of water per year for <br />irrigation of approximately 55,000 acres in Northeast Colorado. Many components of the existing system <br />have been in use for almost 100 years and are in need of rehabilitation. <br /> <br />The company has recently initiated a IS-year staged rehabilitation program. A comprehensive feasibility <br />study prepared by Smith Geotechnical of Fort Collins estimated the cost of the program to be $3,438,000 <br />in 1995 dollars. The Company intends to request a series of Construction Fund loans of approximately $2.5 <br />million each at three- to four-year intervals over the next 10 to 15 years. <br /> <br />The company is requesting initial funding for two projects; lining and installation of conduits in two sections <br />of the Poudre Valley Canal in 1996 and 1997, and replacement of the outlet pipeline from Cobb Lake in 1999 <br />and 2000. The canal project is needed to prevent leakage from the canal and the pipeline project would <br />replace an existing pipeline which is in very poor condition. The cost for the two initial projects is estimated <br />at $1,602,380. The company is therefore requesting an increase in its existing loan limit of $500,000, <br />authorized in the 1995 Construction Fund bill, to $1,202,000. The CWCB loan represents 75-percent of the <br />total costs for these two projects. <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />