PROJ00081

• Contract/PO #: C153691
• Contractor Name: Lloyd Ranch Limited Partnership
• Contract Type: Loan
• Water District: 72
• County: Mesa
• Bill Number: HB 91-1006
• Loan Projects - Doc Type: Feasibility Study

Subtotal

$20,790

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2. Addition of supplemental riprap for erosion control
on the upstream embankment.

3. Deepening of the SPillway channel near its inlet.

4. Removal of an abandoned outlet works and possible
complete -replacement of the main outlet works.

Total cost of all future work is estimated to be
$186,900, which includes construction and engineering.

A portion of the work required by the State Engineer has
been completed by the Lloyd Ranch Limited Partnership. A
contractor was hired to excavate drainage channels below the
embankment as a seepage monitoring step for future
information and a Parshall flume was installed below one
outlet. A Final Design with Plans and Specifications for the
Rapid Creek outlet works was prepared by Gamba and Associates
of Glenwood Springs and has been approved by the State
Engineer. A topographic map was prepared for the reservoirs.
The Lloyd Ranch Limited Partnership has expended about
$15,900 for this work.

The total cost of the work on the project (both future
and previous costs) is estimated to be $202,800. The Lloyd
Ranch Limited Partnership will pay 50% or $101.400 of this
total through a private fund source. The remaining 50% of
costs would be supplied by a low-interest loan from the
Colorado Water Conservation Board in the amount of
$101,400. A summary of the annual costs to be assumed by
Lloyd Ranch Limited Partnership are as follows:

Repayment of CWCB Loan (40 yr.)................. $ 5,910
Repayment of Private Loan (20 yr.)..............$13,580
Operation, Maintenance and Replacement Budget....$ 1,000
Emergency Fund... . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. $ 300

Completion of the project will have two benefits. It
will assure that irrigators will be able to continue existing
agricultural practices. The Rapid Creek Reservoir water is
particularly valuable to the Lloyd Ranch since it can be
reserved for use in late summer and fall when other sources
of water shut down. The repair of the reservoirs will also
assure that the Rapid Creek Reservoirs can maintain average
'consumptive use' yield of 500 AF/Yr. Assuming a value of
$1500 per acre foot, the water has a total value of $750,000.
The reduction in storage cOQld reduce this value by 27% (137
AF), or bout $205,500.

The project is cost~effective and feasible. State
assistance will be required.