BOARD00728

• Board Meeting Date: 1/24/2001
• Description: CF Section - CWCB Construction Fund New Loans - Colo Division of Parks and Outdoor Recreation - Jackson Lake Dam Rehabilitation
• Board Meetings - Doc Type: Memo

"

184

.

.

. Colorado Water Conservation Board
Department of Natural Resources
131 J Sherman Street, Room 721
Denver, Colorado 80203
Phone: [phone]
FAX: [phone]
www.cwcb.state.co.us

STATE OF COLORf\DO

Q

TO:

Bill Owens
Governor
Greg E. Walcher
Executive Director
Rt)d l<uhar1ch
Colorado Water Conservation Board Members ewe'D;",""
rq".. Dan McAuliffe
ct::-: Deputy Director
Rod Kuharich, Director, Colorado Water Conservation Board ~
Mike Serlet, P.E., Chief, Water Supply Planning and Finance See
Bill Green, P.E., Water Supply Planning and Finance Section 13

MEMORANDUM

FROM:

DATE:

January 16, 2001

RE:

Agenda Item No. 10 a. . Water Supply Planning and Finance-
CWCB Construction Fund New Loans - Colorado Division of Parks
and Outdoor Recreation - Jackson Lake Dam Rehabilitation

Introduction

The Colorado Division of Parks and Outdoor Recreation (Parks) is applying for a
Construction Fund loan of $1.70 million to provide financial assistance to the Jackson
Lake Reservoir and Irrigation Company (the Company) for the rehabilitation of the
Company's Jackson Lake Dam. This and other financial assistance (as described below)
from Parks will constitute the compensation to be paid by Parks to the Company for a 30-
year lease of the recreational rights associated with Jackson Lake Reservoir. The
rehabilitation work involves erosion protection on the upstream face of the dam. Please
see the attached Project Summary and map. Also attached is a letter from Laurie
. Mathews of Parks.

Backl!round

Jackson Lake Reservoir is located about 17 miles northwest of Fort Morgan in Morgan
County and has an estimated storage capacity of 30,000 acre-feet. The reservoir provides
mainly late-season irrigation water to about 17,000 acres of irrigated lands. The dam has
been in place since about 1902. The reservoir is owned and operated by the Jackson Lake
Reservoir and Irrigation Company. The land underlying the reservoir is owned by Parks.

In November 1993, the Company submitted a feasibility study by Smith Geotechnical of
Fort Collins for the Jackson Lake Dam rehabilitation project. The Company obtained an
authorization of $1.0 million in SB 94-29 for the project as proposed in the Smith study.
The Board approved a 4.0 percent Construction Fund loan for 30 years. A condition of
. Board approval was contingent upon review of "the Company's financial condition and

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