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I 20. Springdale Ditch Company - Well Augmentation Project Authorization: Construction Fund Water Source: South Platte Basin Terms of Loan: $135,000@ 2.75% for 30-years County: Logan - Near Sterling Project Yield: 10,647 acre-feet Project T)1le: Well Augmentation The Springdale Ditch Company operates the Springdale Ditch for the delivery of irrigation water within a 4,490- acre service area. The headgate for the ditch is located in Logan County 6 miles southwest of Sterling. The project involves the construction of augmentation ponds and drilling one augmentation well and 2 recharge wells to generate credits to cover depletions from 43 irrigation wells used by Stockholders of the Company. The project engineer is Brent Nation with Nation Engineering Services, Fort Morgan, Colorado. The project is currently under construction and is anticipated to be complete by September of 2004. 21. Town of New Castle - Water Transmission System Authorization: Construction Fund Water Source: Colorado River Tenus of Loan: $700,000 @4.50% for 30-years County: Garfield Project Yield: 400 acre-feet Project Type: System Rehabilitation The Town of New Castle is applying for a loan to construct a new diversion structure and pump station on the Colorado River, and a raw water pipeline to the Town's existing water treatment facility. Currently the Town's sole source of water supply is a diversion structure on East Elk Creek, about 3 miles north of town. The Town's water supply is vulnerable to downstream senior water calls, as well as potential water quality problems due to sediment and ash runoff from forest fire hazard, as was experienced in 2002. The proposed project is to construct a small diversion structure on the Colorado River, with gravity flow to a pump station on the south side ofJ-70. From there water would be pumped to a sedimentation pond on the north side ofl-70, and a second pump station would be used to lift the water to the treatment . plant, an elevation increase of about 250 vertical feet. A 12" PYC waterline, 8750 feet in length, would be constructed from the pump station to the treatment plant. The general pipeline alignment would be initially along Elk Creek, then following the Town street right-of-way for Midland Avenue, and then along County Road 245 to the water treatment plant. The system would be designed to pump 1800 gpm, and each pump station would have two pumps plus one back-up pump. The project will provide the Town with a reliable alternate water source during times when diversion from East Elk Creek is prohibited by either water rights administration or poor water quality. The project was designed by Schmueser Gordon Meyer, Glenwood Springs, Colorado, and is currently being constructed by Aspen Earthmover, Carbondale, Colorado. The project is approximately 85% complete, with boring under the interstate being the remaining item to complete. Completion is scheduled for November of 2004. 22. East Fork Mutual Ditch Company - Ditch Rehabilitation Project Authorization: Water Source: Severance Tax Trust Fund East Fork Creek County: Grand Project Yield: 8,000 AF Project Type: Ditch Rehabilitation Tenus of Loan: $259,860@ 2.50% for 30 yrs. The EFMIC owns and operates the East Fork Ditch to deliver direct flow irrigation water for the benefit of the shareholders. Water is diverted from the East Fork of Troublesome Creek, located about 10 miles northeast from the Town of Kremmling. The l3-miles of ditch is open channel that meanders along steep mountain slopes and open pasture land. In recent years, the Company has experienced slope failures along steep canyon sections, caused by ditch flows saturating the adjacent soils. This project involves the piping of approximately 1,060 linear feet of ditch with 60-inch pipe and stabilizing the failed slope areas. The Company is currently looking at other slope stabilization methods, which may require additional funds from the CWes. Additional funds may be requested by the Company at the September 2004 Board Meeting. Project completion is scheduled for November of 2005. 23. Loveland, City of - Green Ridge Glade Reservoir Rehabilitation Authorization: HB 98-1\89 County: Larimer - W. of Loveland Water Source: Big Thompson River Project Yield: 6,000 acre feet Terms of Loan: $5,000,000 @4.75% for 10 yrs. Project Type: Dam enlargement 28