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<br />IUJ~1 uv U7.', I~V.~UU UI/U~ <br /> <br />PINE RIVER IRRIGATION DISTRICT <br />13029 COUNTY ROAD 501 <br />BAYFIELD, COLORADO 81122 <br /> <br />- <br /> <br />Sent VIA FAX <br /> <br />October 31, 2000 <br /> <br />RECElVeo <br />OCT 3 1 2DQO <br />Colotaoo WaIor ea".",..... '" . 'C <br />" ~I... <br /> <br />Mike Serlet, Chief <br />Water Supply Planning and Finance Section <br />Colorado Water Conservation Board <br />1313 Shennan Street, Room 721 <br />Denver, Colorado 80203 <br /> <br />Re: Valleci.to Water Company, Raw Water Diversion Project <br /> <br />Dear Mr. Serlet: <br /> <br />Th.e Colorado Water Conservation Board is authorized (SB 97-008) to provide a loan to the Pine <br />River Irrigation District (District) for the raw water facilities related to the water treatment plant <br />for the Vallecito Water Company. The District is still actively pursuing development of the <br />Vallecito Water Company and is planning on using the CWCB loan to construct raw water <br />facilities. As requested in your October 24, 2000 letter, the following information is provided. <br /> <br />Status of Planning Activities <br />The District is actively planning the construction of approximatdy 75 miles of treatF ~ <br />water pipelines, treated water tanks, a treatment plant. and raw water facilitie,. <br />Approximately 1,000 equivalent taps have been obligated in the Initi.al Service Area and <br />over 1,500 in the maximum service area. The next step in the development process is the <br />acquisition of right-of-way and the preparation of plans and specifications for tbe Initial <br />Service Area. A Preliminary Engineering Report prepared for Rural Development <br />describes the Initial Service Area, the facilities, and tbe financial projections for the <br />project. <br /> <br />. <br /> <br />Status ofFinancing <br />USDA Rural Development has set aside $8 million for the project ($6 million loan an.d <br />S2 million grant). An application was submitted to the Colorado Department of J-1ealth <br />last week for a 51 million Joan from the Colorado Water Resources and Power <br />Development Authority. Funds for preparation of the plans and specifications have been <br />authorized from the CWCB ($300,000), LaPlata Electric Association (5300,000), and <br />Colorado Department of Health (pending decision on $100,000 grant). <br /> <br />The estimated cost of facilities in the Initial Service Area is approximately S 11.5 million. <br /> <br />A loan from the CWCB for the raw water facilities is an integral part of the funding . <br />package. <br />