Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />PROJECf: OVID RESERVOIR <br />BORROWER: Ovid Reservoir Company <br />ESTIMATED PROJECf COST: $12 million LOAN AMOUNT: $12 million <br />FUNDING NEEDED: Year unknown <br /> <br />DESCRIPTION: Project would provide a 5700 AF reservoir on the lower South Platte River about one mile <br />west of the town of Ovid. Water would be released to replace out-of-priority depletions caused by well <br />pumping, to compensate for state-line flows under 120 cfs, and for other purposes such as fish and <br />wildlife. A Phase 1 economic study was completed by Harvey Economics in April 2005, and identified <br />the need for an additional partner for the project, beyond the agriculture-based shareholders. ORC wants <br />to identify a partner before proceeding with a more detailed Phase 2 economic analysis of the project. <br />ORC was formed in March 2004, would be taking over the reservoir project from GASP. <br /> <br />PROJECf: GURLEY RESERVOIR <br />BORROWER: Farmers Water Development Company <br />ESTIMATED PROJECf COST: $ 5 million LOAN AMOUNT: $5 million <br />FUNDING NEEDED: Year unknown <br /> <br />DESCRIPTION: Project includes spillway modifications and a new midlevel outlet works to increase the <br />reservoir storage and outlet discharge capacity. Modifications include raising the existing spillway crest <br />and constructing a new roller-compacted concrete (RCC) spillway that would allow raising the normal <br />reservoir water surfaeelll1d increasing the reserVoir capacity by reducing the required freeboard to safely <br />pass the design flood. A two-foot increase in water surface would add approximately 700 acre-feet of <br />additional storage capacity. <br /> <br />PROJECf: PENROSE WATER DISTRICT RA w WATER SUPPLY & STORAGE PROJECT <br />BORROWER: Penrose Water District <br />ESTIMATED PROJECf COST: $14 million LOAN AMOUNT: $13 million <br />FUNDING NEEDED: 2007 - 2008 <br /> <br />DESCRIPTION: The District is securing water rights to remove the dependency on leased water from a <br />local irrigation company. The project will include facilities to develop the new water by installing <br />diversion structures, transmission pipelines, pump station(s), augmentation and recharge facilities, and <br />storage on 350 acre-feet of water from the Arkansas River. <br /> <br />69 <br />