BOARD00203

• Board Meeting Date: 11/19/2001
• Description: CF Section - Construction Fund New Loans - East Dillon Water District - Purchase of Water Rights
• Board Meetings - Doc Type: Memo

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Colorado Water Conservation Board

Department of Natural Resources
1313 Sherman Street, Room 721
Oenver, Colorado 80203
Phone: [phone]
FAX: [phone]
www.cwcb.state,co.u5

STATE OF COLORADO

Q

MEMORANDUM

BilfOwens
Governor
Greg E. Walcher
Executive Director
Rod Kuharich
eWeB Director
Dan McAuliffe
Deputy Director

TO:

Colorado Water Conservation Board Members

Bill Green, P.E., Project Manage~~
Mike Serlet, P,E" Chief, Water Supply Planning and Financ~

November 15, 2001

. FROM:

DATE:

RE:

Agenda Item No. 22f., November 19-20, 2001 Board Meeting - Water
Supply Planning and Finance -Construction Fund New Loans - East
Dillon Water District - Purchase of Water Rights

Introduction

The East Dillon Water District (EDWD) is requesting a loan of $2,550,000 from the
Construction Fund to finance (and to refinance in part) the purchase of water rights and
other assets which the EDWD has historically utilized for its municipal water supply
since the inception of the District. Please see the attached project summary and map. The
feasibility study by Bishop-Brogden Associates (BBA), the District's water engineer,
is nearing completion.

Proiect Sponsor

The EDWD was fonned in 1969 as a Colorado special district under Title 32 CRS, The
District currently serves somewhat more than 1,300 taps and at buildout is expected to
serve about 1,700 to 1,800 taps, Water customers within the District are primarily
residential units including single family homes, duplexes and condominiums,

EDWD provides service to an area of Summit County referred to as "Sununit Cove". The
service area is about 1.8 square miles located three miles south of the Town of Dillon and
on an east bay of Lake Dillon, See the attached map.

The District purchases water on an aunual basis from the Vidler Water Company
(formerly the Vidler Tunnel Water Company) under a 1983 Memorandum of Agreement
between the two entities, The rights used by the Vidler Water Company (Vid1er) to supply
the EDWD are described in another section pfthis memo,

Flood Protection. Water Project Planning and Financing. Stream and lake Protection
Water Supply Protection. Conservation Planning