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<br />.:, <br /> <br />e <br /> <br />e <br /> <br />. <br /> <br />STATE OF C~LORADO <br /> <br />Q <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />IJ 13 Sherman SlIeet. Room i21 <br />Denver. Colorado 80203 <br />Phone: (lOl) 866,l441 <br />FAX, (lOl) 866,4474 <br /> <br />Memorandum <br /> <br />TO: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Tim Feehan, P.~'ct Manager <br />Mike Serlet, P.E~f, Water Supply Planning and Finance Section <br /> <br />November 13,2000 <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />Agenda Item No. 14a, November 20-21, 2000, Board Meeting <br />Water Supply, Planning and Finance - Changes to Existing Loans <br />Jackson Lake and Reservoir Company <br />South Platte Diversion Structure Rehabilitation Project. <br /> <br />8illOwens <br />.Governor <br /> <br />Greg E. Walctler <br />ExecuClve Director <br /> <br />Dan 0iicAuliffe <br />eWCB Direc::or <br />(.~_cnng) <br /> <br />BACKGROUND <br /> <br />At the November 1999 board meeting, the Colorado Water Conservation Board approved a <br />loan to the Jackson Lake and Reservoir Company in the amount of 5336,600, from the Severance <br />Tax Trust Fund Perpetual Base Account. The loan amount was for the rehabilitation of their <br />existing diversion structure on 'the South Platte River, located approximately 25 miles east of <br />Greeley. The terms of the loan were not to exceed 90% of the total estimated project cost, at an <br />interest rate of 4.0% for 30-years. The project was designed by G.AS.P Engineering Services, <br />from Fort Morgan, Colorado, and the construction contract was awarded to Boone Excavating, from <br />Fort Morgan, Colorado. <br /> <br />The engineer's estimate of S374,000 to construct the project was based on removing the <br />existing 200-ft. long concTete diversion structure, constructing a new 100-ft x S.O-ft. Obemleyer <br />pneumatic spillway gate, a new 100-ft x 5.0-ft concrete diversion wall, the construction of a 200-IT x <br />21-ft. downstream concrete splash basin, the installation of a new bladdeT gate control house, <br />placement of sheet piling, and miscellaneous site work and dewatering efforts. <br />