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C153445 Contract
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C153445 Contract
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Last modified
11/19/2009 11:29:59 AM
Creation date
10/5/2006 11:55:28 PM
Metadata
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Loan Projects
Contract/PO #
C153445
Contractor Name
Summit Reservoir and Irrigation Company
Contract Type
Loan
Water District
32
County
Montezuma
Bill Number
HB 84-1128
Loan Projects - Doc Type
Contract Documents
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<br />. <br /> <br />- <br />The inspection proqram will involve a schedule for weed <br />and brush control, survey checks of the sta~ion markers, and <br />recording ~f the seepage :low. The program will be designed <br />to show if any prGble~s develop with the dam and dikes that <br />needs attention. The Droqram will be developed in coopera- <br />tion \..'i.th SUffi.'":lit Irria~tio:l ComDanv staff to assure it is a <br />practical and wor::abl~ progra:r..' . <br /> <br />Item VI - Esti~ated Costs: <br /> <br />The costs to accomplish the improvements will be esti- <br />mated. The quantities and unit costs for most of the items <br />will be shown. ~ total construction cost will be derived. A <br />construction schedule will be developed for use in determin- <br />ing interest during construction and to determine the CWCB <br />funding requirements. The operation and maintenance costs <br />will be derived which will mostly involve the monitoring and <br />inspection program. The present emergency operating fund of <br />the Co:r.pany will be adequate. <br /> <br />Item VII - PrD~ect Evaluation: <br /> <br />The CWC3 may provide ~ loan to the Company to accomplish <br />the irprovements, in whic~ case the CWCB wants to be reason- <br />ably assured that the loan can be repaid. The ability of <br />Summit Irrigation Company to repay the loan will be evaluated. <br />Since potential revenues come almost e:~clusively from irriga- <br />tion ths evaluation wi~~ ce~ter on irrigation repayment <br />ability. SU!1'.::-.it Reser"c~r is used for fishing and recreation, <br />also some revenue nay I)e available from those sources. <br /> <br />Item VIII - Financial rrocr~r: <br /> <br />A program to f~~ancc tnc necessary repair3 will be de- <br />velcpec. The procrar, \.;~ll sho,: how much will be funded by <br />the Cc:::pa~.::, hOlI L:uch :ro:c the Colorado l'iater Ccnservation <br />Board, and how muc;, ..:rom otner scurce s. A payo.'lt schedule <br />will show the incose and expenses resulting form the repairs. <br />A bene:it to cost ratio wi~l also be shown. <br /> <br />Item IX - E~vironmenca~ Assessment: <br /> <br />No environmental impac~s are anticipated as a result of <br />this ac~ion. A short analysis will be presented supporting <br />this ::ancl'...lsicr.. <br />
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