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Last modified
8/16/2009 2:56:14 PM
Creation date
10/4/2006 6:47:19 AM
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Board Meetings
Board Meeting Date
1/26/2000
Description
CF Section - Changes in Existing Loans - Windsor Reservoir and Canal Company - System Rehabilitation Projects
Board Meetings - Doc Type
Memo
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<br />. <br /> <br />. <br /> <br />. <br /> <br />4 <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 /> <br />~ <br /> <br />MEMORANDUM <br /> <br />Bill Owens <br />Governor <br /> <br />TO: <br /> <br />Greg E.Walcher <br />Executive Director <br /> <br />FROM: <br /> <br />Colorado Water Conservation Board Members <br />./?~peter H. Evans <br />. . . . ewes Dtrector <br />Bill Green, P.E., Water Supply Planmng and Fmance SectlO <br />Mike Serlet, P.E., Chief, Water Supply Planning and Financ9flefllol1anMCAUliffe <br />f1IL) Depu ty Director <br /> <br />January 24, 2000 <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />Agenda Item 11 a., January 26-27, 2000 Board Meeting - Water <br />Supply Planning and Finance - Changes in Existing Loans - Windsor <br />Reservoir and Canal Company - System Rehabilitation Projects <br /> <br />Introduction <br /> <br />The Windsor Reservoir and Canal Company (WRCC) of Eaton is requesting an increase <br />of $1,155,000 in the Company's existing Construction Fund authorization for the <br />rellabilitation of several of tile Company's irrigation reservoirs. Please see the attached <br />project summary and map and the letter from Elmer Gustafson, tile President of the <br />Company. <br /> <br />Backe:round <br /> <br />The WRCC has an autllorization of $500,000 in HB 95-1155 for a program of canal and <br />dam rellabilitation. In 1996, the Board recommended an increase in the authorization to a <br />total amount of$I,202,000, whicll was subsequently authorized by the legislature in SB <br />96-153. <br /> <br />A feasibility study by Smith Geotecllnical of Fort Collins was submitted in September <br />1995. Smith Geoteclmical also prepared a feasibility study update to support the present <br />funding request. <br /> <br />The 1995 feasibility study described six projects with a total estimated cost of about $3.4 <br />million. The $1.2 million loan autllorization was for funding two of tllose projects that tile <br />Company wished to undertake at tIlat time. The remaining projects were to be staged over <br />a period of several years. <br />
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