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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />LLOYD RANCH LIMITED PARTNERSHIP <br />% Richard D. piland and Associates <br />1227 N. 23rd Street, Unit #103 <br />Grand Junction, Colorado 81501 <br />Phone: 303-245-~~ <br /> <br />December 7, 1990 <br /> <br />Mr. Frank Akers <br />Colorado Water Conservation Board <br />823 State Centennial Bldg. <br />1313 Sherman st. <br />Denver, CO 80203 <br /> <br />RE: Feasibility Report for ~apid Creek Reservoirs #1 and #2, <br />Meaa County, Colorado <br /> <br />Dear Mr. Akers: <br /> <br />Enclosed are two cop~es of the Feasibility Report for <br />Rehabilitation of Rapid Cree~ Reservoirs #1 and #2, owned by <br />the Lloyd Ranch Limited Part~ership. This report has been <br />prepared by our consultant, ~estwater Engineering of <br />palisade, Colorado, in compl!ance with CWCB guidelines. <br /> <br />The State Engineer h8S ordered extensive <br />rehabilitation work on Rapid Creek Reservoir #1 and #2. <br />Water level restrictions have been imposed upon tne <br />reservoirs as a result of the repair order. The estimated <br />total cost to complete the rehabilitation project for both <br />reservoirs is $202,800. Of this amount, the Lloyd Ranch <br />Limited Partnership has previously expended about $15,900 for <br />engineering design and preliminary construction. The Lloyd <br />Ranch Limited Partnership haa applied for and is requesting <br />approval of a low-interest 40-year loan from CWCB in the <br />amount of $101,400. This Feasibility Report provides the <br />basic technical and financial data for evaluation of our loan <br />request. The remainder of the funds will come from the Lloyd <br />Ranch Limited Partnership through a loan to be obtained <br />through a private source. <br /> <br />Please <br />any comments. <br />convenience. <br /> <br />review the report and let us know if you have <br />We would be pleased to meet with you at your <br /> <br />Sincerely, <br /> <br />{,J~ R~ <br /> <br />HH/sc <br />enclosures <br /> <br />Walter Raber, Manager <br />Lloyd Ranch Limited Partnership <br />