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BOARD00681
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Last modified
8/16/2009 2:53:10 PM
Creation date
10/4/2006 6:42:56 AM
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Template:
Board Meetings
Board Meeting Date
1/26/2000
Description
CF Section - Changes in Existing Loans - Consolidated Mutual Water Company - Fortune Reservoir Project
Board Meetings - Doc Type
Memo
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<br />SUMMARY OF PROPOSED PROJECT <br />CONSOLIDATED MUTUAL WATER COMPANY <br />FORTUNE RESERVOIR <br /> <br />..... <br />II <br />tit <br /> <br />Proiect Sponsor: Consolidated Mutual Water Company <br /> <br />Tvpe of Proiect: Municipal - new raw water reservoir <br /> <br />Location: About y, mile northwest of the intersection of Highway 72 and Indiana Street <br />on a dry tributary of Big Dry Creek in the City of Arvada, Jefferson County as shown on <br />the map below. <br /> <br />Date of Application: December 22, 1998 and November 29, 1999 <br /> <br />Feasibility Study: Completed in October 1999 and updated in January 2000 <br /> <br />Proiect Description: The project involves the construction of a 9,000 acre-foot reservoir <br />with a 105 foot-high, zoned earth embankment; an emergency spillway capable of <br />passing the Probable Maximum Flood; and a 30-inch diameter inlet/outlet pipeline. The <br />reservoir will be hydraulically connected with the rest of the Company's Maple Grove <br />raw water system through 5 y, miles of new pipeline. Property acquisition, permitting and <br />engineering design work have been completed. Plans and specifications for the project <br />were approved by the State Engineer's Office in November 1999. Construction is <br />underway and the project is scheduled for substantial completion in March 2002. <br /> <br />Estimated Proiect Cost: $21,748,000 <br /> <br />tit <br /> <br />Existinl?: Authorization: $10.0 million Construction Fund loan in SB 99-173 <br /> <br />Additional Fundinl?: Request: $6.3 million <br /> <br />Fortune Reservoir Site <br /> <br /> <br />( <br /> <br />e <br /> <br />.~:-. <br /> <br />.:.-~. <br />
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