BOARD02413

• Board Meeting Date: 3/22/2005
• Description: CF Section - Construction Fund/Severance Tax Trust Fund Perpetual Base Acct. New Loans Lower Sacramento Creek Reservoir Company - Reservoir Rehabilitation Project
• Board Meetings - Doc Type: Memo

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CWCS Construction Loan Program
PROJECT DATA SHEET

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Borrower: Lower Sacramento Creek Reservoir Company County: Park
Project Name: Reservoir Rehabilitation Project Drainage Basin: South Platte
Project Type: Reservoir Rehabilitation Water Source: Sacramento Creek
Total Project Cost: $495,072 Funding Sources: ewes & Company
Loan Amount: $371.300 Reservoir Capacity: 37 AF (Currently 26 AF)

Type of Borrower: Municipal

Interest Rate: 3.75%

Term: 20 years

The Lower Sacramento Creek Reservoir (Reservoir) is located in Park County at an elevation of
10,100 feet. The Reservoir is used for winter augmentation water storage for several developments
in the Fairplay area. The Reservoir receives water (cumulative diversion rate of all seven
shareholders is 2.4 ds) from the Sacramento Creek via the Platte City Placer Mine Ditch. The
current Reservoir capaclty is 26 AF. however it has a decreed capacity of 37 AF. The original clay
lining, installed in 1980. began to fail soon after construction and continues to degrade. The inability
of the Reservoir to hold water makes it extremely difficult to use for augmentation purposes. The
Project will increase the Reservoir capacity and install a new PVC liner. The Project is expected to
cost $495,072 and be completed in the summer of 2005. The Reservoir Company is comprised of
3700 shares (100 shares = 1.0 AF). The Project is expected be completed in the summer of 2005.

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