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Last modified
3/26/2010 3:55:22 PM
Creation date
9/30/2006 10:14:54 PM
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Template:
Publications
Year
1976
Title
Construction Fund Annual Report 1976
CWCB Section
Finance
Author
CWCB
Description
Construction Fund Annual Report 1976
Publications - Doc Type
CF Annual Report
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<br />measures have been instituted. <br />PROPOSED PROJECT <br />Based upon both economy and conservation of water resources, the <br />consultant has recommended an interim solution of universal meter <br />installation and improvement of the existing treatment and distribution <br />system. The report concludes that the high capital investment required <br />for a significant addition to the raw water supply is not warranted at <br />this time, but will undoubtedly be required at some time after 1990. <br />From a review of the report and consultation with officials of the <br />city of Delta, the staff of this board concludes (1) that the city of <br />Delta must initiate aggressive planning and a phased development of a <br />project leading to a major addition to the municipal raw water supply, <br />and (2) that the installation of improved distribution facilities and <br />water meters should start as soon as funds can be made available. <br />The improvement of the existing system and the installation of <br />meters will cost approximately $900,000. The financing proposal is <br />that the Colorado Water Conservation Board construction fund construct <br />half of the project at a cost of $450,000 and that the remaining half <br />be constructed from funds derived through the sale of municipal bonds. <br />Under this proposal, this board would levey water use charges against <br />the city of Delta in the sum of $26,024 annually for a period of thirty <br />years. <br />RECOMMENDATION AND PRIORITY <br />The residents of the city of Delta are now under water use restric- <br />tions during the summer months. These restrictions will become more <br />severe with the passage of each year. A sufficient raw water supply <br />exists for about the next fifteen years if the internal distribution <br /> <br />-3- <br />
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