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Last modified
1/25/2010 6:25:40 PM
Creation date
10/4/2006 11:16:16 PM
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Floodplain Documents
County
Statewide
Community
State of Colorado
Basin
Statewide
Title
Water Project Development Financing Needs
Date
11/4/1987
Floodplain - Doc Type
Educational/Technical/Reference Information
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<br />PROJECT DESCRIPTION' <br /> <br />Animas-L<'l Plata <br /> <br />Rehabi 1 itat ion <br />of facilities <br /> <br />Reservoir enlargements <br /> <br />Federal project <br />reformulation <br />San Miguel <br /> <br />Engineering studies <br /> <br />Rock Creek/Muddy Creek <br /> <br />Two Forks <br /> <br />TOTAL <br /> <br />TOTAL STATE INVESTMENT <br />Future <br />Appropriated Appropriation <br /> <br />$ JOM <br /> <br />6M <br /> <br />CAPITAL INVESTMENT PROJECTIONS <br />FOR wATER STORAGE FACILITIES <br /> <br />ESTIMATED <br />TOTAL COST <br /> <br />$ 600M <br /> <br />100M <br />(10-20M/yr.) <br /> <br />7SM <br />(lD,lSM/yr. ) <br /> <br />40M <br /> <br />12M <br /> <br />IBM <br /> <br />600M <br /> <br />$1 ,'145M <br /> <br />COST OF NOT FUNDING <br /> <br />Failure to settle Indian <br />reserve rights claims. <br />loss of federal funds <br />available to project. <br /> <br />Deterioration of infra- <br />structure leading to <br />loss of existing, <br />primarily rural, water <br />supplies. Failure to <br />maintain these invest- <br />ments will ultimately <br />result in higher casts. <br /> <br />PRIORITY <br />-- <br /> <br />High <br /> <br />High <br /> <br />Loss oT viable local Medium <br />agr;cultlJra 1 ~conomy <br />in need of llIare reliable, <br />improved water supply. <br /> <br />Failure to investigate <br />future water slJDply <br />opt iOfls in advance of <br />l1emand <br /> <br />Project is part of <br />mitigation settlement <br />for Winuy GdP Project. <br />Ninety percent of water <br />has been contracted for <br />to provide interim water <br />supply to Metro Denver. <br /> <br />Possible shortage in <br />Metro Denver water <br />by the year 2000, <br />possible increase in <br />purchilse of 'lIater from <br />agricultural lands. <br /> <br />Assumes Front Range 'I'Jater supplies '.~il1 be handled independently by metropolitan .:ntities. <br /> <br />50 <br />(5,1 OM/yr..) <br /> <br />J7.SM <br />(5-7,5M/yr.) <br /> <br />10M <br /> <br />10M <br /> <br />'Jariaole. <br />Determined <br />c.~se-by- <br />caSe by <br />legislature. <br /> <br />A 1 ready <br />funded <br /> <br />Not appl;- <br />cablell' <br /> <br />RESPONSIBILITY <br /> <br />FINANCING <br /> <br />Bur. of Reclamation Federal/State/ <br />Loca 1 loans and <br />grants <br /> <br />Colo. Water <br />Conservation Board <br />(CwCB) <br /> <br />eWCB <br />San Miauel ~ater <br />Conservancy Oist. <br /> <br />ewes <br /> <br />Colo. River Water <br />Conservation Oist. <br /> <br />Denver Water Board <br />Metropol itan <br />Providers <br /> <br />kll' Possible funding of Two Forks with revenue bonds supported by state funded sinking reserve dents is shown. <br /> <br />/ljc: 77261~ <br />11 /4/87 <br /> <br />12M <br /> <br />9M <br /> <br />50M** <br /> <br />$ 49M <br /> <br />$ 165. 5M <br /> <br />CWCB Ioans/ <br />grants <br /> <br />. <br /> <br />(weB loans <br /> <br />eweB loans / <br />Qrants <br /> <br />River District <br />capital and <br />ewCB loans <br /> <br />To be deter- <br />minelj locallY <br />(pOSSible ' <br />revenue bondS) <br /> <br />. <br />
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