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<br />1 <br /> <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 />Summary <br /> <br />The Beaver Park Irrigation System is located at Penrose <br />in eastern Fremont County, The organization is a mutual ditch <br />company with J40 shareholders and irrigates J,450 acres of <br />land. The system also supplies water to the Penrose Water <br />District for domestic use. The system's storage reservoir is <br />leased to the Colorado Division of Wildlife for fishing and <br />recreation use, <br />The irrigation system diverts water from Beaver Creek, a <br />tributary of the Arkansas River, and has direct flow water <br />rights for 90.9 cfs and a storage right for 4,185 acre feet. <br />The average annual diversion is 12,J45 acre feet, The ditches <br />and laterals in the system have seepage losses of up to 50% <br />of the water diverted, resulting in severely limited deliveries <br />to the shareholders. The shareholders desire to repair the <br />ditches and laterals to reduce the seepage losses and to <br />provide a better delivery system, <br />The major repair items, as approved by the Board of <br />Directors, would be constructing a concrete lining for 24,200 <br />feet of ditch and modification of the diversion and storage <br />facilities, The estimated cost of the repairs during a three- <br />year period is $629,500, which includes a 12% inflation rate <br />during the construction period, These repairs could save up <br />to J,600 acre feet per year of seepage, thus improving the <br />deliveries to existing irrig~ted land, providing a more stable <br />water supply to the Penrose Water District, and allowing for <br />the irrigation of 1,000 additional acres of previously irri- <br />gated land. <br />The benefits of the rep~irs are estimated at $180,000 <br />per year in increased crop yields and $J75,000 in the sale of <br />shares for new irrigated land, The present worth of the <br />repairs is $1,910,000 with a benefit-to-cost ratio of J.OJ, <br />