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Town of Frederick - Milavec Lake Rehabilitation January 22-23, 2003 ^, Agenda Item 19b Water Project Construction Loan Program-Project Data . Borrower; Town of Frederick Project Name: Milavec Lake Drainage Basin; South Platte Total Project Cost: $1,335,000 Type of Borrower: Municipal (High-Income) CWCB Small Project Loan: $1,000,000 County: Weld Project Type: Rehabilitation Water Source; Boulder Creek Funding Sources; CWCB, Town Frederick Aver. Delivery: 300 acre-feet Interest Rate: 4,5% Term: 20 years The Town of Frederick is seeking a $1,000,000 Small Project Loan from the Construction Fund to rehabilitate Milavec Lake to reduce seepage loss and increase capacity, in order to provide non-treated irrigation water for approximately 100 acres of parks, open space, and school recreation areas. The lake was the Town's main domestic water supply until 1988, when the Town converted to the Central Weld County Water District (CWCWD) system. In recent years, the reservoir has been used only for recreation purposes, The total average annual water requirement for the areas to be irrigated is 300 acre-feet. Raw water irrigation will replace the current use of CWCWD water for irrigating some of the Town's public areas and parks, and use of raw water could save about $42,000 per year. As part of the project, reservoir capacity will be increased by 275 acre-feet from 775 acre-feet to post-project capacity of 1,050 acre-feet. The design includes a low permeability . compacted clay slope liner extending from the existing upstream clay liner down to the underling natural clay. The clay liner would tie into the upstream face by construction of a clay cap, Approximately 5,700 linear feet of liner with an average depth of 20 feet would be constructed. C'?~(u ProjecL Location; ~ " '.~ J . Location Map Page 6 of 6