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CT2015-117 Project Summary
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CT2015-117 Project Summary
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Last modified
12/21/2016 12:58:04 PM
Creation date
12/21/2016 12:58:04 PM
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Loan Projects
Contract/PO #
CT2015-117
Contractor Name
Inverness Water Sanitation District
Contract Type
Loan
County
Douglas
Arapahoe
Loan Projects - Doc Type
Project Summary
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* R COLORADO Water Infrastructure and <br /> SN <br /> CO Colorado Water <br /> Conservation Board Supply Efficiency Project (WISE) <br /> ECCV Pipeline Purchase <br /> Inverness Water and Sanitation District <br /> Contract No. CT201 5-117 <br /> Substantially Complete January 1, 2017 <br /> 1 - E <br /> 131.11,41er AR <br /> 4 i <br /> /F <br /> "'N ' <br /> Qk TAR li <br /> , '', aasrwvz . ,� fo <br /> _ . oro' X410 - � K r <br /> e <br /> xtAR <br /> .a.oUNE <br /> ,t E <br /> 'e 1.111001Atwe,___ <br /> Ct IAA if <br /> fW f,1t 04 <br /> Kennedy/Jerks Corn <br /> ROAD <br /> EAST ChC RIOCREEK t`6'VA.CI.t St:C t�. <br /> NC OE SCh-. <br /> FAST r..NE-LRY C.KELK VALLEY <br /> fit MOW/C.EC C:. Ttfllf2F Inc <br /> T OUTLETS EX15TWci <br /> MAY 2' 'aC IZ <br /> Project Description <br /> The WISE Project is a collaborative effort by multiple south metropolitan water entities (the WISE Authority), <br /> Denver Water, and Aurora water to supplement existing water supplies by bringing reusable water supplies <br /> southward through Aurora's Prairie Waters pipeline to the East Cherry Creek Valley (ECCV) Pipeline. The WISE <br /> Authority purchased an 85%ownership share in the existing ECCV Pipeline, while the remaining 15%was <br /> purchased by Denver Water. The WISE Authority will operate and maintain the ECCV pipeline. <br /> Each WISE Authority member's cost obligations for the project are dictated by an Organizational Agreement <br /> between the WISE Authority and WISE Authority member entities, and are dependent upon each member's <br /> subscription share for water deliveries. <br /> This Water Project Loan financed the Inverness Water and Sanitation District's cost share obligations for the <br /> purchase of the ECCV Pipeline by the WISE Authority, resulting in a license agreement for approximately 6.1% <br /> capacity of pipeline deliveries. <br /> Project d a t a <br /> Sponsor: Inverness Water and County: Douglas & Arapahoe Water source: South Platte <br /> Sanitation District <br /> Type of loan: Municipal Water Supply System Board approval date: May 22, 2014 <br /> Terms of loan: 20 years ® 2.75% (Original) $1,874,270.00 (Final) $1,874,270.00 <br /> Design engineer: No design was financed for this WISE Project element. <br /> Contractor: No construction was financed for this WISE Project element. <br /> Project elements: License Agreement for approximately 6.1%capacity in the ECCV pipeline. <br /> Water Project Loan Program - Project Summary <br />
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