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. consultant. Final design plans have been completed and submitted to the SED for review. Construction is tentatively scheduled for June of 2005. 2. North Poudre Irrigation Companv - Miner's Lake Rehabilitation Authorization: Severance Tax Trust Fund Water Source: Cache La Poudre River Terms of Loan: $608,000@3.25%for20years County: La.-;mer Project Yield: 417 AF Project Type: Reservoir Rehabilitation The North Poudre Irrigation Company owns and operates 22 storage reservoirs and approximately 200 miles of ditches to a service area of 42,000 acres. Currently Miners Lake has been restricted to a storage capacity of 257 AF by the SED's due to an aging outlet works, inadequate spillway, and seepage along the toe. The existing dam is a Class 2 facility, 800' in length, and 18-ft. in height. The project involves regarding the upstream dam face and adding rip rap, regarding and reinforcing the downstream face of the dam, adding a filter blanket and toe drain and enlarging the spillway. The project is being designed by Ron Slosson, P .E., Ft. Collins and is scheduled for construction in the spri~g /summer of2005. 3. Larimer County - Dry Creek Multi-Obiective Floodplain Proiect. Authorization: Water Source: Terms of Loan: SB 96-152, Amended SB 97-8 County: Larimer - N. of Ft. Collins Dry Creek Basin Project Yield: N/ A $920,000 @4.25% for 30-years Project Type: Flood Mitigation . Dry Creek is located north of Fort Collins. with a majority of its 75 square miles of drainage basin area located within Larimer County. The uppermost portion of the basin consists of rangeland and irrigated pastures. The lower portion of the basin within the city limits of Fort Collins consists of commercial, industrial, and residential development. Over the years the lower 2/3 of the Dry Creek floodplain corridor has almost been completely eliminated due to development. The 100-year runoff for Dry Creek is 5,022 cfs. The intent of the project is to control floodwaters in the upper basin area by means of detention facilities to reduce the peak discharge from 5022 cfs to 500 cfs above the Weld Canal, utilize a specific reach of the Weld Canal to transport the 500 cfs, and construct approximately 1.5 miles of new open channel from the Weld Canal to a designated point along Dry Creek, located downstream of existing development. The proposed improvements would remove over 800 structures out of the Dry Creek regulatory 100-year floodplain. The project is currently in the feasibility/preliminary design phase. Project loan approval was granted by the Board at the November 2001 Board Meeting. The County has secured alternate financing for the project and the loan was de-authorized at the November 2004 Board Meeting. 4. Tilton Lateral Incorporated - Tilton Lateral Rehabilitation Authorization: Small Project Loan Water Source: GVIC Mainlain Terms of Loan: $100,000 @3.5% for 30-years County: Mesa Project Yield: 960 acre-feet Project Type: Lateral Rehabilitation . The Tilton Lateral is located offheadgate No. 160 of the Grand Valley Irrigation Canal (GVIC), which is located in southeast Grand Junction. The Tilton Lateral Company operates the lateral to supply 36 shareholders water to irrigate a 177-acre service area. The existing lateral is in poor condition and delivers only one half of its allocated water. The project involves the construction of a new concrete inlet structure at the UP Railroad crossing, the placement of 2,500 linear feet of low head pipe, and the replacement of 10,000 linear feet of existing concrete ditch with high head pipe. The project was designed by the NRCS Grand Junction Office and put out to bid in February of 2003. Only one bid was received at that time. which was rejected due to its high cost. The Tilton Lateral Company is currently working on an alternative design with a private consultant to obtain a project that meets their available funds. Project is tentatively on-hold pending resolution of available funds by Tilton Lateral.