BOARD01561

• Board Meeting Date: 11/23/1998
• Description: CF Section - New Loans - City of Ouray - Skyrocket Creek Deflection Structure - Request for Approval on Loan for a New Project from the Project Construction Loan Program
• Board Meetings - Doc Type: Memo

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Colorado Water Conservation Board

Department of Natural Resources
721 Centennial Building
131 3 Sherman Street
Denver, Colorado 80203
Phone: {303l 866-3441
FAX: [phone]

STATE OF COLORI\DO

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Roy Romer
Governor

MEMORANDUM

James $. Lochhead
Executive Director, DNR
DariesC.Ule,P.E.
Director, eweB
Peter H. Evans
Acting Director, eweB

TO: Colorado Water Conservation Board Members

FROM: Larry Lang

DATE: November 16,1998

SUBJECT: Agenda Item 24f (Revised), November 23-24, 1998, Board Meeting --
City of Ouray, Skyrocket Creek Deflection Structure
. Request for Approval on Loan for a New Project from the
Project Construction Loan Program

INTRODUCTION
The City of Ouray (City) is applying to the Board for $25,000 in funding to assist in financing the
costs of completing the Upper Skyrocket Creek Deflection Structure Rehabilitation Project
(Project). Please see the attached project summary.

BACKGROUND
Presentations by CWCB and City staff regarding this Project have not been made at any previous
CWCB meetings. The presentation at the November 1998 Board meeting will be the fIrst time that
Board members will hear about the loan request for this Project. The City's proposal is to upgrade
and improve an existing flood and debris flow deflection structure on Skyrocket Creek upstream of
highway 550. The source of the flood runoff and debris flow problems originates from the steep
mountainous terrain above Ouray. The existing structure was built in 1929 following 3 disastrous
floods.

The total cost of the entire Skyrocket Creek Deflection Structure Project is estimated to be
$133,450. The proposed project was formulated by the U.S. Army Corps of Engineers, Sacramento
District. The project has received authorization for federal funding in the amount of 65% of the
total project cost. In addition to the requested $25,000 CWCB construction fund loan, the City has
anticipated funding from the U.S. Army Corps of Engineers and a grant from the Colorado
Department of Local Affairs. Table I provides a breakdown by project component for the
approximate project cost of$133,450.