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<br />. <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado (WAG3 <br />Phone: (303) 866-3441 <br />FAX: 1303) 866-4474 <br />www.cwcb.state.co.us <br /> <br />STATE OF COLORA.DO <br /> <br />Q <br /> <br />MEMORANDUM <br /> <br />BiltOwens <br />Govemor <br />Greg E. Walcher <br />Executive DirectOr <br />Rod Kuharich <br />ewes Director <br />Dan McAuliffe <br />Deputy Director <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Bill Green, P.E., Project Manager~~ <br />Mike Serlet, P.E., Chief, Water Supply Planning and FinanG~ <br /> <br />November 15, 2001 <br /> <br />FROM: <br /> <br />DATE: <br /> <br />RE: <br /> <br />Agenda Item No. 22f., November 19-20, 2001 Board Meeting - Water <br />Supply Planning and Finance -Construction Fund New Loans - East <br />Dillon Water District - Purchase of Water Rights <br /> <br />Introduction <br /> <br />) <br /> <br />The East Dillon Water District (EDWD) is requesting a loan of$2,550,000 from the <br />Construction Fund to finance (and to refinance in part) the purchase of water rights and <br />other assets which the EDWD has historically utilized for its municipal water supply <br />since the inception of the District. Please see the attached project summary and map. The <br />feasibility study by Bishop-Brogden Associates (BBA), the District's water engineer, <br />is nearing completion. <br /> <br />Proiect Sponsor <br /> <br />The EDWD was formed in 1969 as a Colorado special district under Title 32 CRS. The <br />District currently serves somewhat more than 1,300 taps and at buildout is expected to <br />serve about 1,700 to 1,800 taps. Water customers within the District are primarily <br />residential units including single family homes, duplexes and condominiums. <br /> <br />EDWD provides service to an area of Summit County referred to as "Summit Cove". The <br />service area is about 1.8 square miles located three miles south of the Town of Dillon and <br />on an east bay of Lake Dillon. See the attached map. <br /> <br />The District purchases water on an annual basis from the Vidler Water Company <br />(formerly the Vidler Tunnel Water Company) under a 1983 Memorandum of Agreement <br />between the two entities. The rights used by the Vidler Water Company (Vidler) to supply <br />the EDWD are described in another section of this memo. <br /> <br />Flood Protection. Water Project Planning and financing. Stream and lake Protection <br />Water Supply Protection. Conservation Planning <br />