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<br />-.- <br /> <br />. <br /> <br />Proposed Proiect <br /> <br />After studying several alternate sites for a proposed dam, <br /> <br /> <br />the consulting engineers recommended the one on Rock Creek <br /> <br />about 3,700 feet downstream of the confluence of Horse Creek. <br /> <br />This site is located in the Routt National Forest. The <br /> <br />proposed new dam would be constructed of roller-compacted <br /> <br />concrete with a height of 195 feet. It would impound a <br /> <br />reservoir with a storage capacity of 50,700 acre-feet. The <br /> <br />total estimated cost of the proposed project is $18,000,000. <br /> <br />Proposed Financinq <br /> <br />. <br /> <br />The financing proposed for this project is as follows: <br /> <br />Colorado River Water Conservation District $ 9,000,000 <br />CWCS loan 9,000,000 <br />Total $18,000,000 <br /> <br />Under this financing arrangement, the River District would <br /> <br /> <br />repay the CWCS $524,520 per year for 40 years for a total <br /> <br /> <br />repayment of $20,980,800. <br /> <br />Recommendation <br /> <br />It is recommended that this project be authorized by the <br /> <br /> <br />General Assembly in the amount of $9,000,000, subject to the <br /> <br />. <br /> <br />terms of the proposed financing set forth above. <br /> <br />JWM/gl <br /> <br />-2- <br />