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Last modified
3/26/2010 3:55:22 PM
Creation date
9/30/2006 10:21:49 PM
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Template:
Publications
Year
1980
Title
Construction Fund Annual Report 1980
CWCB Section
Finance
Author
CWCB
Description
Construction Fund Annual Report 1980
Publications - Doc Type
CF Annual Report
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<br />McLaughlin Engineers, would eliminate the present deficiencies of <br /> <br />the system and result in a workable and efficient system. Improve- <br /> <br />ments would involve the intake structure, the treatment plant, and <br /> <br />pipelines leading from the intake structure to the treatment plant. <br /> <br />The cost to repair the system is estimated by Wri~ht- <br />McLaughlin to be $150,000. <br />RECOMMENDATIONS <br /> <br />with the extra expense proposed, the Rangely system would <br /> <br />work without problems. The present operation and maintenance cost <br /> <br />will also decrease. <br /> <br />Various funding agencies have been contacted.to determine <br /> <br />available funding for the project, but the staff had no definite <br />indication that money from other sources would be forthcoming in <br />the near future. Therefore, the financing of the project will be <br /> <br />as follows: <br /> <br />Total amount of State funds <br />(to be repaid by use charges) <br /> <br />$600,000 <br />150,000 <br />$750,000 <br /> <br />State funds already allocated <br /> <br />Additional funds requested <br /> <br />Based on the above figure, proposed water use charges in the <br /> <br />amount of $34.698 would be levied annually by the state fOr 40 <br />years for a total charge of $1,387,920. <br /> <br />It is therefore recommended that the deficiencies in the <br /> <br />Rangely Project be corrected with additional funds from this board <br /> <br />in the amount of $150,000 and that the project be recommended and <br />submitted to the Colorado General Assembly for approval and <br /> <br />funding during the 1980 session. <br /> <br />-2- <br />
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