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<br />, <br /> <br /><,,; <br /> <br />""'~ . <br />C}iV <br />~ <br /> <br />t <br /> <br />6J <br />'d <br /> <br />JUN ~~ '~4 ll;l~ <br /> <br />r........ '-' <br /> <br />. <br /> <br />. <br /> <br />LES WILLIAMS - ST. VRAIN\LEFT HAND WATER CONSERVANCY DISTRICT <br />REPORT <br /> <br />a.deily discussed annual. report handed out to the stockholders <br />present. The augmentation plan has been re-submitted for approval <br />to operate throuqh 1994. The pw:-pose of the plan is to replace the <br />net stream depletions caused by out-of-priority diversions in thp. <br />St. vraln and Left Hand Basin. <br /> <br />Introauced and gave sho~t background summary on Larry <br />simpson's replacement, Eric wilkinson. Bert Nelson alAo .,ave <br />approval of the appointment wit~ very complimentary statements. <br /> <br />Eric Wilkinson thanked ~veryone for their support and <br />continued with a short report, The snotoJpack ;" helow normal <br />throughout the state except for the Boulder Creek area. We are <br />ahead of last year, though. Briefly disCUA"p.o the Southern water <br />supply project. Actual construction of the pipeline from Carter <br />Lake to Broomfield will begin i~ January of 1994, to bQ completed <br />during the first part of 1995. Also mentioned that there is 4500 <br />AF of Windy Gap water in the rent~l pool available at $~5.00 per <br />AF. <br /> <br />There was a forty-five minute r~cess for lunch. <br /> <br />After lunch, spillway discussion resumed. A question was <br />raised by Susan Kinney Tolhurst ~s to what the Doard felt suould be <br />done. All Board members felt the rolling compacted concrete was <br />the !:lest option available. The n>~in rell.sons being the c.;u,;t between <br />the two is comparable and the scar that would result from the other <br />option wouln be to great. <br /> <br />MOTION: By Leroy SChlaCJel for tbe Ditch Boeard to EJur:sue the option <br />of the rolling compacted concrete, to negotiate the best <br />financial deal posaibl~, ~d to ~lve the Board financing <br />power to approve any loans needed with the maneuvering <br />power to accept a more feasible way to complete the <br />project if needed. <br />Seoond !:ly Ron Suthe~lanu. <br />MOTION CARRIED. <br /> <br />Susan Kinney Tolhurst thanked the Board for being so careful <br />in their decision w~ing an~ tak~ng the time with the stockholders <br />to inform them so well. <br /> <br />Bert Nelson stated that loans are available up to 75% of the <br />total co.. I.. of tne project, b1.lt adequate s;!curity is needed. <br />Interest rates on the loans through the Colorado Water Board run as <br />low a,. J% depending on tne length of the loan. <br /> <br />Oiscussion on the assesSll\ent rate needed for the spillway <br />project. Leroy Schlagel, president of the Left Rand Water <br />Dl~trict, aSked it paying up front the $32.00 per share would help, <br />and if so, would that money go for future assessments? <br />