PROJ00532 - Laserfiche WebLink

Home Browse Search

.. .. Colorado Water Conservation Board November 29, 1990 Page Two The MKE feasibility study identified several deficiencies which will have to be repaired in order to restore the full decreed storage capacity and to operate the reservoir safely in the future. The areas of concern include deficiencies in the emergency and service spillways, poor condition of the outlet works conduit, inadequacies in the spillway and inlet channel dikes, insufficient riprap on the upstream dam slope, and variations in the dam crest elevations. The design of the Barne$ Meadow Reservoir rehabilitation would begin in early 1991, and would continue through the winter and spring of 1991. Plans and specifications would be supmitted to the State Engineer for his review and approval in Summer, 1991. This schedule will allow adequate time for the State Engineer to review the plans and specifications so that the consultant may make any necessary revisions to the design documents during the remainder of 1991. Bids for constru~tion of the rehabilitation work will tentatively be advertised in early 1992, with the commencement of construction scheduled for May, 1992. Completion of construction is scheduled for November, 1992. The City of Greeley hereby requests that the Colorado Water Conservation Board prepare a contract to be entered into by the CWCB and Greeley for a loan from the CWCB Construction Fund to finance one-half of the project costs associated with the rehabilitation of the Barne~ Meadow Dam. The contract should specify that the loan: 1) be for $215,000; 2) have an interest rate of 5%; and 3) be issued for a term of 20 years. We hsve established a target date of February 15, 1991 for the execution of the CWCB/Greeley contract. Your agency's cooperation in meeting this target date will be greatly appreciated. The City of Greeley Water and Sewer Department staff is preparing Requests for Proposals for the design of the Barnes Meadow Dam rehabilitation which will be released in December, 1990. As the proposals are evaluated, your agency will be included in the selection of a co~sulting firm and the contract negotiations. This letter confirms the City of Greeley's ability and intent to: 1) provide funding for 50% of project costs for the rehabilitation of the Barnes Meadow Dam; and 2) repay the loan from the eWCB Construction Fund used to finance the remaining one-half of the project costs. Monies to be used by the City to pay its initial one-half of project costs will come from funds available from the Capital Replacement Fund of the Water Fund. The Capital Replacement Fund, required under Greeley City Charter, contains funds which have been set aside through the budgetary process for the replacement of depreciated capital assets. Monies for the repayment of the CWCB Construction Fund loan will come from revenues generated by user fees.