CWCB: La Veta scores $372,000 to shore up North Lake Reservoir

January 27, 2012

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From The Pueblo Chieftain (Chris Woodka):

La Veta serves about 800 residents and uses 209 acre-feet of water annually, on average. Its two reservoirs hold a combined 350 acre-feet. The town, located southwest of Walsenburg, already has a hefty debt from replacing water mains, so the 3 percent, 30-year loan from the Colorado Water Conservation Board is very welcome, [Rob Saint Peter] said…

The North Lake reservoir was built in the 1940s and holds about 80 acre-feet, but is deeper than the South Lake reservoir that holds 270 acre-feet. The state engineer put restrictions on North Lake that have kept it drawn down by 2 1/2 feet…

The CWCB also heard updates:

- On a $1.18 million loan to the Two Rivers Water Co. for rehabilitation of Orlando Reservoir.

- On a $9 million loan to Penrose for the purchase and storage of water rights from the Goodwin Ranch.

- On a $1.3 million renovation of the Las Animas Consolidated Ditch extension diversion on the Arkansas River. Xcel Energy owns most of the water rights, but the CWCB provided a $260,000 loan to the remaining shareholders of two ditch companies to complete the roller-compacted concrete intake.

More CWCB coverage here.

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