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PROJ00505
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Last modified
11/19/2009 11:43:27 AM
Creation date
10/5/2006 11:58:34 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C153419
Contractor Name
San Miguel Water Conservancy District
Water District
0
County
San Miguel
Bill Number
XB 99-999
Loan Projects - Doc Type
Feasibility Study
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<br />I <br /> <br />I <br />I- <br /> <br />I <br /> <br />I <br /> <br />I <br />I <br /> <br />I <br /> <br />I <br /> <br />I- <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br /> <br />I <br />.e <br /> <br />I I <br /> <br />- <br /> <br />. <br /> <br />EXECUTIVE SUMMARY <br /> <br />The Lone Cone Reservoir is located in San MJguel County, Colorado 10 miles <br /> <br /> <br />south of Norwood. The existing reservoir has a capacity of about 1,800 <br /> <br /> <br />acre-feet and serves farm lands in the Norwood-Redvale area. This project <br /> <br /> <br />proposes the enlargement of Cone Reservoir by 4,000 acre-feet to a total <br /> <br /> <br />capacity of 5,800 acre-feet. This enlargement will require increasing the <br /> <br /> <br />maximum dam height from its present 25 feet to 44 feet. The crest of the <br /> <br /> <br />enlarged dam will be at elevation 8344 feet above sea level. Total length of <br /> <br /> <br />the enlarged dam and dikes will be about one mile. <br /> <br />The reservoir will be filled by feeder ditches which collect water from <br /> <br /> <br />drainages both to the east and west of the reservoir site. Natural drainage <br /> <br /> <br />area tributary to the reservoir is negligible, thus spillway requirements will <br /> <br /> <br />be minimal. <br /> <br />Estimated construction cost of the project is $1,438,000. With allowances <br /> <br /> <br />for contingencies, engineering and land acquisition the total e.'timated cost <br /> <br /> <br />increases to $2,025,000. Assuming a two year construction period and 50% <br /> <br /> <br />funding through a water board loan, annual project repayment costs would be <br /> <br /> <br />$231,570 per year or $57.90 per acre-foot of storage space. Annual direct <br /> <br /> <br />benefits resulting from increased production are estimated to be $58.73 per <br /> <br /> <br />acre-foot. Thus, even without consideration of substantial indirect benefits <br /> <br /> <br />to the immediate area and to the state as a whole, the project merits <br /> <br /> <br />consideration for construction. <br /> <br />...--.... --~ <br />~~/ ~-~~' ""'----- <br /> <br />, ' <br />.-,,-"---.- <br /> <br />"-~~--" <br /> <br />Generally the figures presented above are believed to be conservative. In <br /> <br /> <br />the report that follows, construction details and an alternate construction <br /> <br /> <br />method is presented which, if ultimately proved acceptable, would reduce <br /> <br /> <br />repayment costs to $48.80 per acre-foot. If funding under the Federal Small <br /> <br /> <br />Reclamation Projects Act could be made available, the annual cost could <br /> <br /> <br />conceivably be reduced to about $30 per acre-foot. <br /> <br />-1- <br />
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