BOARD01987

• Board Meeting Date: 7/13/1998
• Description: CF Section - Greeley and Loveland Irrigation Company - Horseshoe #2 Reservoir Outlet Rehabilitation
• Board Meetings - Doc Type: Memo

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Colorado Water Conservation Board

Department of Natural Resources
721 Centennial Building
1 313 Sherman Street
Denver, Colorado 80203
Phone: [phone]
FAX: [phone]

STATE OF COLOR.I\DO

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Roy Romer
GovernOr

MEMORANDUM

James S. Lochhead
Executive Director, DNR
Daries C. lite, P.E.
Director. CWeB

Peter H. Evans
Acting Director, eweB

TO: Colorado Water Conservation Board Members

FROM: Bill Stanton and John Van Sciver

DATE: July 6, 1998

SUBJECT: Agenda Item 18a, July 13-14, 1998, Board Meeting -
Greeley and Loveland Irrigation Company - Horseshoe #2 Reservoir Outlet
Rehabilitation

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Introduction

The Greeley and Loveland Irrigation Company has submitted an application dated June 12, 1998
requesting the CWCB to approve a Small Project Construction Fund Loan in amount of $75,000,
and to approve of a $5,000 grant from the Severance Tax Operational Account to complete the
feasibility study for the project. The loan will be used to rehabilitate the main outlet at
Horseshoe #2 Reservoir.

The CWCB has the authority to approve Small Project Loans up to $100,000 in accordance with
Section 37-60-122.7, CRS. Funds for small grants for local water planning from the Severance
Tax Trust Fund Operational Account in FYI999 were approved in the "Long Bill."

Attachments to this memo include a Project Summary, a description of the Greeley & Loveland
Irrigation Company, a map of existing facilities, a Plan of Study, and a letter requesting a
grant to complete the feasibility study. Additional information, and the draft feasibility study,
are expected to be available at the July 13th - 14th, 1998 Board meeting. .

Background

The Greeley and Loveland Irrigation Company (GLIC), located in Larimer County, was formed
in 1900 as a mutual ditch company. The company serves an area of 18,000 acres, and receives
water from the Big Thompson River. The total number of shares outstanding is 2,340 shares, and
there are 160 shareholders. The City of Greeley owns 475.16 shares that are used for municipal
purposes, or 20-percent of the outstanding shares of the company. Current assessments are

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