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PROJ00318
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Last modified
10/28/2011 3:02:57 PM
Creation date
10/5/2006 11:49:29 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C153618
Contractor Name
Greeley, City of
Contract Type
Loan
Water District
3
County
Larimer
Bill Number
SB 87-15
Loan Projects - Doc Type
Feasibility Study
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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 />Repayment of the debt will require a water rate Increase. Current and future <br />water ~ustomers will share the debt equally. Operation and maintenance costs <br />will not be fl nanced; therefore. the water user fees must I ncl ude these <br />expenses. A water rate Increase of approximately one percent would be nee~ed <br />to assure repayment, based on 1986 rates. <br /> <br />In conclusion, the rehabilitation of Peterson lake Dam Is technically and <br />economically feasible. By removing the present restriction on the reservoir, <br />total storage capacity would be Increased to 1,252 acre-feet and firm annual <br />yield Increased to 1,010 acre-feet, at a unit cost for firm yield of $749 per <br />acre-foot. This compares favorably with the cost of rehabilitating Twin lakes <br />Dam at $1,816 per acre-foot, rehabilitating Comanche Dam at $974 per <br />acre-foot, or purchasing water from COT at $1,070 per acre-foot. <br />Rehabilitating Peterson lake Dam Is the most economical alternative available <br />to the City for Increasing storage. <br /> <br />xl <br />
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