BOARD02057

• Board Meeting Date: 1/22/2003
• Description: CF Section - G.M.S. Land and Cattle Company
• Board Meetings - Doc Type: Memo

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STATE OF COLORADO

Colorado Water Conservation Board

Department of Natural Resources
1313 Sherman Street, Room 721

Denver, Colorado 80203
Phone: [phone]
FAX: [phone]
www.cwcb.state.co.us

Bill Owens
Governor

MEMORANDUM

Greg E. Walcher
Executive Director

TO:
FROM:

Rod Kuharich
CWCB Director

Colorado WaterConseNation Board Members

John Van Sciver, P.E. ..:::J1..<)1I.5
Mike Serlet, P,E" Chief ~ ('
Water Supply Planning anfr-Finance Section.

Dan McAuliffe
Deputy Director

DATE:

January 10, 2003

SUBJECT: Agenda Item 199., January 22-23,2003 Board Meeting
G.M.S. Land and Cattle Company, LLC

Introduction
The G,M,S, Land and Cattle Company (GMSLCC) is applying for a $200,000 loan to rehabilitate
the Giffin #1 and #2 reservoirs, The estimated total cost of the project is $223,000, Please see the
attached project summary and map,

Backaround
The GMSLCC, located in Weld County, owns and operates the Giffin #1 and #2 reservoirs for
storage of water for irrigation of 160 acres offarmland, The reservoirs are located 18 miles
northeast of Fort Collins and have a storage decree for 139,5 acre-feet, but have become silted in
to a capacity of about 75 acre-feet. GMSLCC wants to excavate a total of 105,000 cubic yards of
sediment and rehabilitate the upstream slope of each dam, to provide water for its
farminglranching operation during drought periods,

Feasibilitv Studies
Duane Smith, P.E., of Smith Geotechnical, has completed the feasibility study, The report
includes an evaluation of alternatives available to rehabilitate the Giffin #1 and #2 reservoirs,

The G.M.S. Land and Cattle ComDanv
The GMSLCC is a Colorado Limited Liability Company (C.R.S. 7-80-101 et seq.) formed in
2001 and registered with the Colorado Secretary of State, The purpose of this Company is to
engage in farming, ranching and livestock feeding operations, and other farming and ranching
activities. The Company has the power to buy and sell farms, and to pledge or mortgage real
estate as collateral for farm loans,