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<br /> <br />e <br /> <br />e <br /> <br />e <br /> <br />'. <br /> <br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br />www.cwcb.state.CO.U5 <br /> <br />MEMORANDUM <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Memb rs <br /> <br />Tim Feehan, P.E., Project Manager <br /> <br /> <br />May 6, 2003 <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: Agenda Item No. 19a, May 19-20, 2003, Board Meeting <br />Water Supply, Planning and Finance - Changes to Existing Loans <br />Windsor Reservoir and Canal Company <br />System Rehabilitation Project <br /> <br />Introduction <br /> <br /> <br />Bill Owens <br />Governor <br /> <br />Greg E. Walcher <br />Executive Director <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />The Windsor Reservoir and Canal Company is requesting an increase of $301,500 to the <br />Company's 2000 authorization of $2,357,000 to rehabilitate various reservoirs, pipelines and canals <br />within their existing system. The requested loan increase is due to cost oveITWlS incurred during <br />construction of these projects and corresponding additional engineering work. <br /> <br />Backe:round <br /> <br />At the January 1996 board meeting, the Colorado Water Conservation Board approved a loan from <br />the Construction Fund to the Windsor Reservoir and Canal Company in the amount of $1,202,000. The <br />$1,202,000 loan was based on a comprehensive feasibility report prepared by Smith Geoteclrnical, Fort <br />Collins, Colorado to rehabilitate the existing irrigation system. The feasibility report identified a number of <br />projects to be improved within the Company's 6 reservoir, 25 mile canal irrigation system. The projects <br />identified are summarized as follows: <br /> <br />* Poudre Valley Canal <br />* Cobb Lake Pipeline <br />* Cobb Lake Pipeline <br />* Cobb Lake Inlet <br />* Res. No. and No.8 Annex <br />* Elder Reservoir Outlet <br />Total: <br /> <br />= $938,795 <br />= $663,585 <br />= $663,295 <br />= $288,275 <br />= $646,295 <br />= $238.225 <br />= $3,438,470 <br /> <br />Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought Planning <br />