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<br />c::., <br />(:J <br />~..... <br /> <br />(0 <br />00 <br /> <br />Boulder Creek Supp~ C~._and BouldeF_ City Al.!9trnent. <br /> <br />The Boulder City contract with the District and the United <br /> <br />Sates, caused Boulder Reservoir to be built by the City of <br /> <br />Boulder at a cost of about 1-l/3 million dollars, for which <br /> <br />Boulder issued forty-year bondE. The District agreed to repay <br /> <br />Boulder on an annual water service basis. one-third of the cost. <br /> <br />or about $450.000.00 in forty yearly instalments, tc be derived <br /> <br />by the District from general taxes and from $2.00 per acre foot <br /> <br />annual allotr~ent ~ssessment on the 12,700 acre feet allotted to <br /> <br />Boulder. Boulder also agreed to repay the District. on dn in- <br /> <br />stalment annual basis, for its pr~viouBly avoided ad valorem <br /> <br />taxes which taxes would have been levied on Boulder's 1937 <br /> <br />$25,000,000.00 ,?eneral tax valc.ation, had Boulder been 10 the <br /> <br />Conservancy Distri.ct at the beginning of the general tax levies <br /> <br />in 1937. <br /> <br />The St. Vrai.n Supply Canal f.:;-:om Carter Lake to St. Vrain <br /> <br />River WIS ccmpleted in 1953. The Boulder Creek Supply Canal <br /> <br />thence was completed in 1954, the Boulder Reservoir in 1955. Tholl <br /> <br />South Platte Supply Canal. an enlargement of the old Lower Boulder <br /> <br />Canal, and its extension easterly, th~ Coal Ridge Ditch to Sand <br /> <br />Hill Lake at its end. This lake acts as a regulating basin for <br /> <br />a new canal from that basin to the South I:'latte. That canal was <br /> <br />completed to deliver water to users from headgates of Platte <br /> <br />Valley Canal ana other users on the South platte River in 1956. <br /> <br />The District obligated itself to pay $l5,OOO.OO cash, in <br /> <br />annual instalments, to the Lower Boulder Company and to bear 2/3 <br /> <br />-20- <br />