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<br />Tunnel Water Co. <br />September 25-27,2000. Agenda Item 11. <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />fa <br /> <br />Borrower: Tunnel Water Company <br /> <br />County: Larimer <br /> <br />Project Name: Laramie-Poudre Tunnel <br /> <br />Project Type: Rehabilitation <br /> <br />Drainage Basin: North Platte I South Platte <br /> <br />Water Source: Laramie River <br /> <br />Total Project Cost: $1,770,000 <br /> <br />Funding Sources: Company and CWCS <br /> <br />Type of Borrower: Agricultural I Municipal <br /> <br />Blended Interest Rate: 4.5% <br /> <br />CWCB Loan: $1,600,000 <br /> <br />Term: 30 years <br /> <br />CWCB Grant: $0 <br /> <br />Average Annual Volume of Water diverted: 15,085 acre-feet <br /> <br />The Laramie-Poudre Tunnel is located in Larimer County, 60 miles west of Fort Collins, and diverts <br />water from the Laramie River to the Poudre River drainage. The Tunnel Water Company operates the <br />collection system and tunnel to supply water to 2 major shareholders, the Water Supply and Storage <br />Company and the Windsor Reservoir and Canal Company. Water is used for irrigation within the 100,000- <br />acre service area. A portion of the tunnel collapsed in May 29.2000. cutting off water deliveries. The <br />Company needs to rehabilitate the tunnel prior to the 2001 irrigation season. The average annual volume <br />diverted is 15,085 acre-feet. The Tunnel Water Company is a mutual ditch company and a nonprofit <br />corporation registered in the State of Colorado. Don Deere, P.E. of Rocky Mountain Consultants has <br />completed preliminary engineering plans and a COst estimate. John Van Sciver, P.E., CWCS staff, is . <br />completing the feasibility study with input from the Company and their engineer. Proposed funding for the <br />project consists of a CWCS loan for $1 ,600,000 and $170,000 from the Company. <br /> <br /> <br />"-':':<;' ~~"---=-~J <br />$..~.. <br />~"''''' <br /> <br />~< <br />.,.' \~ <br />, <br /> <br />c..~. <br /> <br />Ft. Collins <br />30 Miles <br /> <br />--------~ <br /> <br />I'"~ <br /> <br />----'-- <br /> <br />i(- /' <br />~ I ' . ,/;. <br />. , \ ../. , <br />_ ~ : I'J~~/)r ""7(1',:.,,...,, <br />r---' ,,' -1'.;;;;---;. .. . '_;"'<6 ----.P..C"K <br />'~~'''' _, "0 __" <br /> <br />~'.Q~ '- \l;;.~~?~~~ ~,~.r ',," &'r=~' /:::-",: '\ <br />\ '~.., ....'.. .t:":' _.. ~ <br />.~~.. .:_ _"-...J..--.' ~~ ' <br /> <br />i~ <br />.~d <br /> <br />)J~;:'" <br /> <br />, <br />,tl1.1?l!~"" I <br /> <br />~~ <br /> <br />,- <br /> <br />.> <br />c_. <br /> <br />~ <br />.,..-........... <br /> <br />. <br /> <br />..-/ <br /> <br />. Location Map <br /> <br />6 <br />