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<br />. <br /> <br />. <br /> <br />Agenda Item 29p. <br />November 4, 1994 <br /> <br />2 <br /> <br />DISCUSSION <br /> <br />The District has been proactive and has a plan to assure their water supplies. This plan <br />involves three phases, of which Phase 1 is the rehabilitation of the 3 existing Arapahoe wells, <br />as discussed above, The recent drop of the water table below the pump for A-3 has forced the <br />District's plan into the emergency category, at least for that well. If all Phase 1 work is delayed <br />until July 1995 (the earliest date the CWCB could contract under the standard time table), severe <br />water rationing and loss of fIre protection is expected, <br /> <br />Phase 1 will assure water service for the 479 existing homes, and is not directed to provide <br />water for additional growth. (Phases 2 and 3, not part of this application, will provide water <br />for approximately 2000 additional homes.) <br /> <br />The District has about 6 months of slack time during the winter months, during which time <br />water demands will be manageable. This presents an opportunity to implement part of Phase <br />1 (the rehabilitation of well A-3), and avoid a serious water shortage in the summer of 1995, <br /> <br />The District emerged from bankruptcy in June 1994, at a legal cost of $2,7 million. <br />Bankruptcy activities have consumed the majority of the Districts time and fmancial resources, <br />and although not an excuse, partly explains why Phase 1 of the plan was not implemented <br />earlier. <br /> <br />The fInancial condition of the District is founded on the Bankruptcy ruling, which calls for <br />repayment of debt service on $45 million in existing outstanding bonds by a mill levy of <br />approximately 40 mills and by mandatory tap fees assessed to two builders, Repayment of the <br />CWCB loan would be by water user fees only (the District is a water enterprise), and would <br />amount to apprQximately $29,000 per year ($300,000 at 5% for 15 years,) This equates to $60 <br />per year per existing home ($5 per month per existing home.) <br /> <br />The District's consultant, Jim Jehn, has evaluated several alternatives, one of which is to <br />make repairs to well A-3 at a cost of $65,000. This repair would be a short term solution, and <br />would not qualify for emergency funding. Rehabilitation of all three wells has a total expected <br />life of 15 years, with the pumps being rebuilt once during this term, and lowered at nominal <br />cost. <br /> <br />The District's consultant, Jim Jehu, in cooperation with the USGS, has conducted investigations <br />of the Arapahoe aquifer underlying the District. A core hole was drilled to a depth of 3000 feet, <br />and all core retrieved for evaluation. Their studies show an available water supply of over <br />100 years, assuming Phases 2 and 3 of the water plan are completed, and there is full build-out <br />within the district boundaries. There is over 800 vertical feet of water in well A-3, which has <br />a total depth of 2300 feet. Therefore, the alternative of simply repositioning a larger pump at <br />a greater depth was selected, <br />