C153808 Feasibility Study - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I I the headgate and augmentation station. No O&M costs will be required for the ditch, as the ditch can be abandoned because the other one-quarter interest in the ditch has already been transferred. The present worth cost of O&M, assuming a 40-year project life and three percent discount rate is about $57,800. The annual cost to lease 194 acre-feet of winter return flow water, assuming the source of leased water is SECWCD reusable return flow water priced at $9.20 per acre-foot, is $1,784.80. The present worth cost of leased winter return flow obligations, assuming a 40-year project life and three percent discount rate, is about $41,300. The total cost of purchasing a three-quarter interest in the Liston and Love Ditch is $1,502,000 and is broken down as follows: Present Value Purchase Price $1,287,900 Annual O&M $57,800 Augmentation Station $15,000 Leased Winter Return Flow Wat~r $41,300 Engineering and Legal Fees for Change of Use $100,000 Total $1,502,000 The total present worth cost per acre-foot of average augmentation replacement credit is $1,889 ($1,502,000/795 acre-feet). D, Robinson Ditch Mr. Robert Norris has notified AGUA of his intent to sell the entire Robinson Ditch for $800,000. The Robinson Ditch has a decreed water right for 10.45 cis, Priority No. 13, on Fountain Creek, with an appropriation date of March 1, 1863 and an adjudication date of February 15, 1882. The Robinson Ditch diverts water from the west bank of Fountain Creek near the Midway Ranch in the northwest one-quarter, northwest one-quarter of Section 14, -r ownship 17 South, Range 65 West of the 6th Principal Meridian of EI Paso County, Colorado. -32-