PUB00113

• Year: 1989
• Title: Construction Fund Annual Report 1989
• CWCB Section: Finance
• Author: CWCB
• Description: Construction Fund Annual Report 1989
• Publications - Doc Type: CF Annual Report

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COLORADO WATER CONSERVATION BOARD

Redlands Rehab Project
Red lands Wa.ter and Power Company
March, 1989

Introduction

The Redlands Water and Power Company (Company) is a mutual
share company which provides irrigation water to all share
holders in the Company. The Company currently provides
irrigation water to 22 farm and ranch units (2,056 acres)
which are engaged in commercial crop production and to 3,614
acres of suburban residences within the Redlands area. This
area is located on the southerly side of the Colorado River
adjacent to the southwesterly edge of Grand Junction. The
total number of people served by the Company is 7,000.

Problem

The Company's water distribution system consists of
diversion. conveyance, and pumping facilities, many of which
are in need of replacement or extensive rehabilitation.
Although the Company has an established operation,
maintenance, and replacement program, the current needs for
rehabilitation are so extensive that this existing program is
inadequate to take care of the work required.

Proposed Proiect

The Company contracted with Western Engineers. Inc. to
prepare a feasibility study on the project. The study
identifies numerous problems with existing canals, siphons,
flumes, pumping stations, etc. and it outlines a recommended
plan to correct all these problems. The total estimated cost
of the project is $2,960,000 (1989 price levels). However the
company proposes to construct the project in 3 phases, as
follows:

Phase 1 is proposed for 1989 at a cost of $840,000.

Phase 2 is proposed for 1994-1995 at a cost of $1,015,000.

Phase 3 is proposed for 1999-2000 at a cost of $1,105,000.

Proposed Financinq for Phase 1

The Company proposes to finance phase 1 by using $420,000
of its own reserves and borrowing $420,000 from the Board.

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