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<br />PROJECT: GRAND MESA WATER PROJECT <br />BORROWER: Grand Mesa Water Task Force or Other <br />ESTIMATED PROJECT COST: $130 million? LOAN AMOUNT: $11 <br />FUNDING NEEDED: 2008? <br /> <br />. <br /> <br />DESCRIPTION: There is an existing need to import and store additional water in the Surface Creek Valley <br />to allow for carry-over storage during dry years and long-term drought protection. Project proposes to <br />build an upper level reservoir, hydroelectric station(s), a mid-level reservoir located (Cactus Park <br />Reservoir), a canal from Cactus Park Reservoir to the Town of Cedaredge, a pump station on the Gunnison <br />River and a Delivery Pipeline from the Gunnison River pump station to Fruitgrowers Reservoir. <br /> <br />PROJECT: WATER RESOURCES PROJECT <br />BORROWER: Town of Castle Rock <br />ESTIMATED PROJECT COST: $400 million <br />FUNDING NEEDED: 2007 <br /> <br />LOAN AMOUNT: $55 million <br /> <br />DESCRIPTION: Town of Castle Rock has ambitious plan to build $400 million of infTastrocture with the <br />goal of creating a reuse and renewable water program to reduce the Town's reliance on ground water. <br /> <br />PROJECT: CLEAR CREEK COUNTY WATER BANK PROJECT <br />BORROWER:Clear CreeKCoilntyor Multiple Agencier -- ....- ---- <br />ESTIMATED PROJECT COST: $12 million LOAN AMOUNT: $12 million <br />FUNDING NEEDED: $2.0 million in 2007 <br /> <br />. <br /> <br />DESCRIPTION: The Clear Creek County Water Bank, in operation since 1990, has identified a nc:ed for <br />additional water storage within Clear Creek County. The Water Bank provides assistance to <br />municipalities with direct flow and water storage; and augmentation water for potential growth and <br />current demands. Customera have included the Town of Georgetown, the Town of Silver Plume, the <br />Georgetown Loop Railroad, Berthoud Pass Ski Resort, Echo Mountain Ski and Snowboard Park, the <br />Downieville Burger King, and others. The challenge of providing water to these customers, coupled with <br />the current demand on the Clear Creek Stream System, recent water court decrees, and drought, have <br />accelerated the need for more storage within the County. An immediate need for at least an additional <br />800 acre-feet of storage has been identified through preliminary analysis at a minimum cost of $15,000 <br />per ac-ft, or $12M. Over recent years the County has filed for nine small storage sites and is in the <br />process of filing for additional ones. The County is currently pursuing detailed feasibility studies with <br />constroction of one reservoir site anticipated in 2007. <br /> <br />. <br /> <br />68 <br />