BOARD00849

• Board Meeting Date: 11/19/2001
• Description: Water Resources and Power Authority Director's Report
• Board Meetings - Doc Type: Memo

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~:V~ COLORADO WATER RESOURCES &
-a,,. ~~2~ POWER DEVELOPMENT AUTHORllY
~ ;;'?QPMrllt W-. Logan Tower Bldg. . Suite 620, 1580 Logan Street, Denver, Colorado 80203
~l vel [I" 303/830-1550 . Fax [phone] . Info@cwrpda,com

MEMORANDUM

November 19, 2001

TO:

Members, Colorado Water Conservation Board, and Rod Kuharich

FROM:

Daniel L. Law, Executive Director

RE:

Director's Report

Water Pollution Control RevoIvinl! Fund

On November I, the Authority sold $51,620,000 of wastewater refunding bonds to advance refund four separate
bond issues totaling $51,510,000. These four bond issues had 16 borrowers. The gross savings were $4,996,250
and the present value savings were $3,966,899. The attached table shows the savings for each borrower,

The 2002 WPCRF Intended Use Plan was approved by the Water Quality Control Commission on October 9.

As a result of the September II terrorist attack, EP A has been reviewing wastewater security measures that would
be eligible for WPCRF monies. Recently EP A issued a release authorizing loan funds for vulnerability assessments,
emergency response plans, fencing, security cameras and lighting, motion detectors, redundant power systems,
secure chemical and fuel storage, lab equipment, securing large sanitary sewers and tamper-proof manhole covers, I
do not expect these items to add significantly to our 2002 loan demand,

Congress has agreed on $1.35 billion for the Clean Water SRF in 2002. This translates to $10,9 million for
Colorado.

Drinkinl! Water RevoIvinl! Fund

The 2002 DWRF Intended Use Plan was approved by the Board of Health on November 14. The 2002 project
'eligibility list includes 81 additions and 35 deletions.

Security measures similar to the WPCRF list have been identified as eligible for funding under the DWRF.
Additional eligible measures would include enhanced filtration/disinfection (for biological agents), enhanced
treatment (for chemical agents), backfIow prevention devices in the distribution system, covers for finished water
reservoirs, security hatches for tanks and vents and protective measures identified as necessary through a cross-
connection control program. As mentioned under the WPCRF, I do not expect these items to add significantly to
our 2002 loan demand,

Congress has agreed on $850 million for the Drinking Water SRF in 2002. This translates to $14 million for
Colorado.

Animas.La Plata Proiect

The Authority has been working with representatives of the Animas-La Plata Water Conservancy District, the
Bureau of Reclamation, the Attorney General's office, the State Treasurer's office and the CWCB to amend several