Laserfiche WebLink
<br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313 Shennan Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX, (303) 866,4474 <br />www.cwcb.state.co.us <br /> <br /> <br />Memorandum <br /> <br />Bill Owens <br />GovetTlor <br /> <br />Greg E. Walcher <br />Executive Director <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />FROM: <br /> <br />Tim Feehan, P.E., Project Manager <br />Mike Serlet, P.E., Chief, Water Supply Planning and Finance Section <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />DATE: <br /> <br />November 7,2003 <br /> <br />SUBJECT: <br /> <br />Agenda Item No. 11, November 19-21, 2003, Board Meeting <br />Water Supply, Planning and Finance - Changes to Existing Loans <br />Lake Meredith Reservoir Company <br />Outlet Channel Relocation Project <br /> <br />INTRODUCTION <br /> <br />The Lake Meredith Reservoir Company is requesting an increase of $471,500 to the Company's <br />2003 authorization of $1,000,000 for the Lake Meredith Outlet Channel Relocation Project. The <br />requested loan increase is due to cost overruns incurred during construction and for additional items <br />added during construction. <br /> <br />BACKGROUND <br /> <br />At the March 2003 board meeting, the Colorado Water Conservation Board (CWCB) approved a <br />loan to the District in the amowlt of $1,000,000 from the Construction Fund. The $1,000,000 loan was for <br />the construction of a new relocated outlet channel, approximately 5 miles in length, allowing the Reservoir <br />Company to access the entire reservoir storage while also mitigating future sediment problems within the <br />new channel. <br /> <br />Lake Meredith is located in Crowley COWlty approximately 3 miles southeast of the Town of <br />Ordway. It has a capacity of 41,000 acre-feet and is filled by the Colorado Canal, which diverts water from <br />the Arkansas River. The reservoir is fonned by a natural depression, has a 30-ft high dam and is classified <br />as a Class 2 structure. Over time the existing 5-mile outlet channel from the reservoir has filled with <br />sediment and has created a 17,000 acre-foot dead pool that the Reservoir Company is not able to access. <br /> <br />Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought Planning <br />