575 E-K rights, correspondence and opinions, no corr. after Dec. 1968 (9)

(1)

Oversized

documents

not scanned

See originals in folder

Water Resources Archive

(2)

Mr. Theodore E. Worcester. Attorney at Law

a•zo ALCOTT STREET DENVER, COLORADO eoatt

(310311 •••·••01

October 12,

Dawson, Nagel, Sherman and Howard 1900 First National Bank Building

Denver, Colorado 80202 RE: Dear Mr. Worcester:

-

.

LETTER REPORT

I rrlgatlon

This letter 11 written In response to your request of October 2, 1973 for an estimate of the value of shares In the Greeley and Loveland Irrigation Company and of rights In Lake Loveland. In 1969 we made a brief appraisal of the Greeley and Loveland Irrigation Company, but were constrained from having di rec:t contact wl th office.rs of the company. Our report submitted In December, 1969 was necessarily tentative In Its conclusions and contained some misconceptions held l>y the Water Commis-sioner. For the purposes of our present Investigation, It was necessary to make Inquiries directly to Mr. Edward Boresen, president of the com-pany, Mr _WI 111.am Southar4, attorney for the company, and Hr. Carrol I

Flack, secretary of the company~ These gentlemen were very cooperative

In furnishing lnfonnatlon about the company, although they stopped short of turning the account books over for our Inspection. During the dis• CUJ$1ons we did not reveal the Identity of our client, and we believe that they did not suspect It.

ORGANIZATION AND OPERATION

The Greeley and Loveland Irrigation Company 11 a mutual, or stockholder• owned, company serving principally I rrlgatlon water users between Loveland and Greeley. I ts fl rst predecessor corporation was fonned In 1881. The present corporatlen was formed In 1900 by the fanners under the system to take over operation of the system from the British Interests which orlgl•

n~lly develope~ It.

There are 1,636 sharei of capital stock In the corporation. Eight shares are commonly spoken of as an 80-acre right. Counting the

4t

rights still evidenced by Canal Contracts there are 209 eighty-acre rights In the

Company~

Loveland S. Greeley Reservoir (Lake Loveland) title Is evidenced by oon•

tracts (water deed agreements) and Is not capitalized. There are 300 "rights" In ~ea.a Loveland.

(3)

' • 1 . .

' ·wai.r uffra •1ort9 the G .... l•y and Lovel•tld Canal uy own· 1hare1 of

~·Gr•l•Y and t.ove1and11 , ahate1 ~f "S•~n 1. liriestt, WHt rlihU In t'L•• ~

Lovel•nd" In any proportion or -cmblnatlon.. The" thl'M categorlea corr91pond to water, which J1 diverted and/Qr 1tored under· cU ff•r•nt · ··

water 'rtghtt and within •• tlflabl• emponenu of the lnt•rlocktng

phy11ca1 •Y•t•. B•••d UJK)ft the amounts of storage •~ the dlf·ferent

part• of

the

•Y•teM

and perhaps

u,..

antlclpa'te~ runoff, . ~he Board

•ter'lllMS perlocUcal ly throuthout thi f rrlgattOl'l

ua•on

hOW Much weter.

·to

al lot 'per •h•N·

or

rl~t In each.~of the thr .. categories. Each water . u"r

ts

then notified

of

the total

n-.r

of S.COftd•foot-day1. wl th

which

hi•

•Geount

11 credited be .. d ~ the declared aUotments an.d the nU1··

ber of sberet of e•d\ type which he may own. The u1er Catt then

order

tt. water to b deltverect at any tf• during tN SAton, or he may allow

some .of It to ·b• carrf•d over•• storage Into

ttwa

.nut s.eeson, 1'ft1•t•

th9

reurvolr•

are •1• to fill caapl•t•ty. Jn~ wt\lch ease

•IJ

c•rry-over .ttor

•9'1

on

lndlvJdua1 ·~count•

!•

c•nca1Jed. · ·

A'l thOU9h the h•dlv1dua1 w•t•r user would prob.t>ly maki no distinction .ong the thru categories of w.ter . ._" ._anding hf• Colllbl•d allotment of water, and ••though· all the records •nl k•pt ·by tN ~,_. perton at the

c:c:npany'• offl~, tM account• of al 1ot.ent1 and aste1111tMt1 are strictly ·

. ••tnigeted KCOrdlng to the thi' .. tYP-• of •bares. In adcUtlon. approxl·· mawly 17,800 ecre-foot units of water from the Northern- Co1oracl0 Water

Conservancy DI strict (C·BT uni ts) are

a

11

V.rect

vf • the canal for • f huacf char941 of $ .80 p..- acre•fooc·, and th9 eccountt .for theM -deUViirlet aftd

(4)

~-Theodore E.

The

City of Greeley and the Gre•t weatern . Sugar Refinery both have • • _specl•I arr•ngeMntt to ... ulve we-t•r durlft9 th• winter. al though nel tt.r

requl res operation of, the dhch beyond th• Nit edge of Loveland. Thtt.

City of GrM1•Y'• water Intake 11 louted In Lake Lovel•nd• rather th•n

In toyd Lalca w.Mre 1t w.1 orlglu11y lnte11ded, reportedly due · t~ higher

1al1nOy .In Boyd Lalca than In L•lca Loveland;·

. ~\.

Mr. $oUthard, the company'• 1e9a1 ~naat pointed out th•t water la uau•1Jy ·

supplied by the ~Y only during the I rrlgatlon Mason· Md ~t each .

ahara •u•t receive the ,_. total ,annual al lot.nt regardle11. of type or

ttfle of u...

H• 1 .... d partlcu1ar1y lnte..ested In proMO~lng the

c•-P•ff

ea

a water resource for municipal end lnduatrtal develo,.nt on the high 9r0Uftc:I dlrectty east of Lov.land bebleen1 .the Cache la POudre and

the Bf 9 Thanpson . "I

w

rt.

PHYSICAL

FACILITIES

The attached •~tch, furnished by ttMa company, 11 lustrat•• the major com•

ponentl of

t'-

dlV.rslon •nd atorage •Y•t•. Water: Is dlwrted ftGll the

Big

Thoep•on

River by two ditches on the river's

north

bank at locatlons

to

th• west

ol

Loveland. The II g Sarnes Dl tch fl II• Lake Lovelan.d, and the '*Seven•L•lca11 _sytte.Including tlNMstloe, Helnrlcy, Uppei' _Hoffunand

Lower Hoffman Lake1 and Boyd Lake. Only Boyd Lalca can physically na~lve

water from tt. G..._tey and Loveland Canal when

the

lake h •~· Before

t._

!lg Bernes ·Dltch

reache•

Lake Lovetaftd, the. Llttl• BartM11 DltCh leads off ~ the east fl 1 ling weaterdo11 Lake and ••rvl,ng toM ' water us•rs to

the ea1t of Loveland.

Water cart 1eaw L

a-

Love.land vi• Dry. Cr•k: to Hornshoe Lake, vi• the ~ "tube'*, which ts a brlck•11ned tunnel directly to th• Greeley and Love•

lend C•nal, or via ttMa Greel•y water Intake. h flow of w•·ter can be

controlled through Hor1e1how, Heln1"lcy, Upper Hoffqa. and i..0-r &Jf,._,

Lakes. From Lawer Hoffman Lake wter c:aft flow either Into the -Greeley

, •d Loveland Canal

o.r

Into Boyd Lake. A •tructure on . the IO\fth side of

. ·aoyd lake perm I ta gravl ty flow •I ~r· f nto the

lau

fl"Oll the anal or

Into the canal frat the 1.eb, depending upon r•1atf.v• water l•vela. When

.., :.. . the level of Boyd &.ak.e t1 law, w•ter can either be pwnped Into the. anal • · or released by gravlty,to the 819 Thclllp1on River for uchante back up to

the head9at• where water can be dlvert•d wl.thout pUlliplng. : The Gr•l•y and Loveland. Canal dlvertt at a point Oi'.I the Big ~pson River CCllllOftly

.. ~tled th9 Chubbuck hudgate. Al

t"9

canal ·runa eut. It can r*Celve water frCMt L•lca Loveland, LONer Hoffurt _lake, •d Boyd Lake. Alt Equal t'sor ·Re.ervol r lea1t of Boyd Latu. on the Canal .,.,.., t• f1ow 1.evel Ing. ·

(5)

Pamphlets and

the

Annual Reportt .prl

ted

by the c:c.pany generally lllt the •lght following di rect•flow rights es bel"g ncontro11•d by" the

company In •uch a wey •• to suggest that they .,.. owned by

the

company. ln fact, only the lar~at an4 mo1.t Junior right ta ...,.d by . lhe cc.pany, th• other · seven having • rl ht to ., r• carriage In th• cU tc;hes In ex•.

change .for havt i orlgln.11y granted

the

~any lt1 head9at• Jocatlont

and dlt~h rl ght•-of-way.· · .. ' l0/20/l86S

11/1/1&65

6/1/1867 .

t0/20/1870

6/23/1873

10/25/187) 11/1/1878 /1/t881 10/l/71 l 1/1/77 . 9/17/8)

(6)

; j ., ,~~~---~~·

lVALUATI PR · ~' . ~ .,, ... -'I' ill"' .. : ti.'- , •

. - " • • ' < ' > '; . ie" . > ~"'.:-~: I "Ii . ~:~ , . ":

;'> • .('' , .. ' '. .. ;

I/ <.,,' ,; • • • '

-The· .fol loMl1t9 tule

compt1ed

frem compeny records prelents tt. ""~uaf yl•ld .. '.~

.. "1 In ~,.a, f••t· "r •h•re at ·th• re .. rvolr outhit

tor,.

ih• >' thr ... typtl of stock ' .';. ·

.; .. ~as1ocl•t•d wUh \t~• Gr .. l~y ,and t:ov.1and. I r~tg•tlon

Company.

Th4t· 40nlpany,. .!.-.~~·.

_ ·••thr.•t•t

that

canal lo'"' aMOunt '

to ebout 122%

of

t~

.annu,J

•11otmeni, so

~. ~

thaJ W.t•r actuel

ly

rtaeelwd by . agrlc.ultural .ut•r• Would ·be

711

'of · the · alOt;tnt• _shown~ Stnoa w do not ~.

be>W

tt., waier *Hild b .. wlthdr.- by

Kod•k, • ha'8 adOp~d ditch bf~g•tf yleld1 11.

our fra

·of ·ref•renoe • .

• • "lo ~ '°'! ~.O '_!' ' ~' llj I ,:., • •l ·~' ' : ; i::

.}';.

::'~;-·'.?~-~ ', A,~\faL 'A~\.QTMENT~ ·.·" ···~ -~;),·:<"

._' ..

"r" .... ·

• "'· ''""" - .. , It

. \ .... _ ; . " :

·. t•k• 1 t.ove 1"•nd . '

('.AF/ftltht/Year-) ·. Gree 1 (AF/$hare/Yearf _,j _i-

ey

a.

Love hnd

' p<>t aval

i•f•''

~ 1/ u

(7)

:

1s ~

·· lS

. '16

' t6

16 16 16 12 ' )6

.

·,

,,,

~\~ ~

-~-~ l~ ~~)

I

~

•. '• •1 ..

~

• W1th

r•1•r4

to tlM Y,l•l<t of

Lake

LQV.tand· ri$htt,

thf~•

.ti •.

~fin1t•

: _. ... , ,>/. :/"''

• • '· 0 af.1 or nothtn911 pettern.

t·n.

24 .out flf

J4

y~rs .the ·..-Xl•\ln al-totment ',.'. ·

· . wa~ detiv.red and In '6 .~ut of

34. 'v-.•rt

no dft1lyery,.a•

r.eps>rt•d .. "'

In· . . ··

.,.J'ttcular, four conaecwtl w . Y9•r.• Jn, th•·~,••.rly

,ftSO••·

hed" 1ero yle.ld •.. '"·.

It

uy

b•

~clu~ t~t i · :rl ght ht Lake Lo~Jand

_.;·1

U .

utt.t•tty ·

yJ•ld r · •. '· .

. 40

aer•·f•t·

rel••••d ,,..

tn. , ...

rvol

r~

bu) ••

tlllf'ly vvt,.r•.t•

to '. ' 1"

. . _., : , · drought. Y••n and any '°"tamplat•d appHcaUon of:.thl • water shoU1d

"~.: . ': ·.,~. ~ ~ ' :,i :·;

ma"'

~tlewana f~~ thlt

wract•rt

.u . .:. . : . .

·~,,.

',\ .

~

.' ·' ..

• ' - > ~., ,

·sha·,..•

of S•ven

~~-•

stcH:k ari .110rt

1*1t•l•.

than.

·Lake

Low·t~d·

rlght1. fl\

.''" -~,,; . ,, ,: . · .. •J-thovgh

thttr•

la

oft.

Y••r

of, i"•.:ord

·for.

wtifch.

no

ct.llwt'y

waa

m••· "

'~"" ~ -~·~'.

,. ,

~ : ·:. • : , .._, _{. ._ 1;·}

"µurint

_the"lait · MWnt••n

·y•an_,

a •~•r•.,of~ SeV... ·1e_itcM -hlt ty•letctcd •p• r. ~ . "f. ". , · " : ·

, ., ', . ptoxfut•IY l .S tf.Mt ••

•uch , ••

a •har• of

Gr•l•Y·

•nd Loveland a tock •. \" "

r~ j :f ;·•;;} ) ~ .,~ • ~ I ".,. ' '• I '" • • " ·.,.. ' ' ' 'I', , ' . , .• • '1: ., ·; "!, ~l '.

Al thou~ the ;'r•cCll"ff . have not j,~ndl .~•.•d. e 'compl•t~fy dr.y·~v•ar

fJr,Gre•l•w

~.

,:J:

t .... ~·;·

and Lowt.&nd durlnt tfwt. 29 years of NCOrd ..

Jt

ha•"been: .Jett .• tel• ttl , . , ·

to water yJ•ld durtn9 -

the

last 15 y .. ,.., th•f\·._•lthtr .Lake Lov.lancf or · . $ev.,.. ~·'-•;

'r•el•y •ad ·L•v•lud

.1t..r-e1 ,haw,

hciiiiev•r.

1howli .,_.k

.yl•l4•

durh•1· 1'46.·

1950 ~nd

t95J•l9$5.

~lctt

gtvea·

'•vl'd•ne.

.o.t

the 'var~

of

·

~t.. .. large· •torage vol-..e avaU•t• In 8oyd L.aka an4 suggests that Greel.y··,

and Lov•l.nd

ah.tr••

algbt Wry

well

~·--• L~ke

i.o.,.llftd

-.,f,ght• · ht ...

7.fford'fnt'

e

rell•I•

w.ttr

supply. ' · ·- ' '· · . •, · • . , . ,: .

• • •• • -; • > ; ,, '· "' ' i 1 .. ln'">vahdn9 ·.th• swject water

·;f-ght~

In.

t•,...

of.

dolt~rt~ '·ofte

mutt ·r•l•t•

to . t~ ul'ket p1ace -.a1

••t•H•9-d

·by'

p••t

anns·l•net'h

••l•• by ~~- .. ··. l•d~1bl•

buyer• and ••l

1•r•

•nd ' by;~ the ~urNnt s-neral ••r~t.

,,.1c. ·.,,- ·.

·C-BT

untt•.

N.erous 1ouftdln91·.-taken In tha GrMl•y area 'lndlc•t• that : ·

.... , ... , t~ c~r,..t·

market

vat•

of ..

c-a~

unf tt

11 $300/ult~t,

and

wl th · ·~ e1tl• ~

(8)

worce1ter

bOUridary of $1t17/Af anrage yleld for water rights of tl•ll•r rellaltlty

and apPlh;111tl1 tiy • . The" f.Ctort, lllhen CGMpared wl th th• water yield eva1uatlon •• preMn~ In thh latter re~rt. lncUcat• the followlnti

I) lab Lon1and. Lau Loveland provides • normal year yMld

of

40

.cre•f .. t per rl ght, ... sured lrl te,.. of groat 1tor•

· •te·

F.:..- thla

on.

•Ult ••tract evaporation Md ••P•~

Iota Jn the reHrvolr and carriage 1otMI In the ditch 1y1t• tilhlch

.._t

~to

approxt ..

tely 221. Furthermore, Lake Loveland

la ~n1ldered a ~r _•tar ,.MUrC- during droutht year• ••

evld9nce4 by the

19SS thf'O:'ih 1956

"rlod ""-" ~,. wa1 no

yleld. Ne¥9rthlile11, the acqul1ftl0ft of 1tor•ge rights even of thJa 1Mture tprovlde1 a ualque opportunity to purchaH ,... Hrvolr

t.._

store ... lilllch hat

a'

1l~lflcant

value

becauH of ·

high cost of constructing equlvalant stora .. capacity at today'• CONtruc~lon prl••· ' Al •water right. the· ••king

price of appr4*1aat•IY $11,000 per right h high because of

the ~•l•t• unde,.nct.al1J .ty of this water source during

Hve,. drought periods, -"- Kodak wuld neecl the •ter tM MHt. But looking at the overall picture, I.e. th4a .cqul•

thlon of epproxl•atef.y 40 acre•f•t of stw•ge capacity lft .,. .xJ1tln9 reMrvolr plus good· ever••,..., yleld, end th• relatlcan•hlp of this . r•~rvolr to Kodak'• ovetatl water ·

resoura1, It Is our ophtlon tMt th• asklnt prfca of epproxl• Ntely $l1,000 per right

CM"

JU1tlfled, an4 •would

1"Ma1111nd aequltltlon. Certainty• eert•ln emount of horse .

tradhtg ahou1d 90

on

to att•pt to reduce t"he price 1ub1tan- · tla11y M1ow the ••k1ng ·price becau" w f•1 the $11,000 per right wt11 contribute algnlflcantfy to lnf1at111n of water

rights la the te•r•1 area. ·

GrM1ey Md Lowland· Qftch. This w•t•r right hat an average

ylelcf of approxlut•ly 10 Kre•f"t ·per share. It ft Jfmllar to C•BT wet•r tn that durhwg droutht period.a the records fndl•

c.t•

thet the avarap yleld I• Nlntalned (or even Increased)

probably a.cauH of pd ad aggre11lw

m••...-t

of the

-systM. Nevertbel•••· the records htd1cate apptoxl11ately

Iii

acre·f•t ,.r there yteld dur.1"9 the 4rler years. Thi• It •

good weter rl ght for Kodak to acqul,. for t t1 water resource•

portfo11o. The nklng pJ"lce, hawever. of appradNte1y $9250 ·

,., •hare I• too high. an4 we ..ou1d not recoRll9nd acquiring.

the whr rl ght at that pr lee be~•• of Jts adver" l111pact

on.

the •art.t • . lt It our oplnlOft. that th• G,...1ey and Loveland

Ditch shares wu1d be • reason•••· buy at approxl•atety $4200

,,., 1ha,. ltaH4 on equivalence with C•BT

_.

_. prl• per AF of average

(9)

(10)

,..,

G-L SYSTEM UPPER END N

I

--eo'l

1>

\.,..

Jl

I<

t,

2. EQUALIZER RESERVOIR

3. BOYD LAKE PUMP

4. BOYD LAKE GATE

5. GREELEY FILTER PLANT 6. MAIN DITCH HEADGATE

I I I I I I

'T

I

'"

: 1J

:t

_I I

(11)

REC'D NOV 1

1973

C H AS . E . SOUTHARD ( 187 3-19 60) WILLIAM H . SOUTHARD

SOU TH ARD AND SOUTHARD

A T TORNE Y S AT LAW

FIRST NATIONAL BANK B UILDING

GRE E LE Y , COLOR A DO

80631

October 31, 1973

Wright Water Engineers, Inc. 2420 Alcott

Denver, Colorado 80211

Attention: Charles Haines Gentlemen:

TELEPH O NE

3 0 3- 353 - 12 92

Your inquiry concerning further information on the Greeley and Loveland Irrigation Company has been referred to us, and in particular, your request for a copy of the By-Laws.

The company, of course, does have By-Laws, but they have never been separately published or separately collected. They originally started out with a set of By-Laws in about 1906. Since that time there have probably been twelve or fifteen different amendments and additions and some changes in the By-Laws. These have been scattered through the Minute Books of the company and in its various proceedings and although there is an annotation of some type on the original set of By-Laws and the original Minute Book, it will be probably several hours work in just finding them a little lone copying them and, thus, you can see we are a little reluctant to say that we can furnish them right away or they would be furnished with just the mere cost of getting the various books to a duplicating or copying machine and running them off for you .

We would like very much to cooperate with you, but we do have this specific problem concerning the By-Laws.

About three weeks ago , the Seven Lakes Reservoir Company, associated with the Greeley and Loveland Irrigation Company, lost their darn on Horse-shoe Reservoir . In studying the engineering requirements and par ticularly the requirements of the State Engineer and the new flood control regulations published by the Federal Agencies, it appears that the requirements for any reservoir or body of water and the requirements for ditches and canals to provide for overflows and what they call dream or thousand year storms, which in their language would mean the essence of a 25 inch rainfall in a

(12)

Page 2

Wright Water Engineers, Inc. October 31, 1973

period of six hours, has posed some real problems and caused considerable additional thinking on the part of the company as to what its posture should be with regard to development, both above and below the irrigation works of the company. The company has presently requested the planning and zoning regulatory authorities of both Larimer and Weld Counties and,

in particular, the City of Loveland, to zone and classify the lands below our reservoirs and below the ditch into some category of a flood plain, on the principle that if one of our dams breaks they will not have a large dense concentration of people there who would be endangered, not only to their lives, but their property. This will, to some extent, reduce the requirements of the State Engineer for spillway designs and other features.

From this you can see we are getting a little bit uneasy on the request of your firm for additional information and we are happy to provide it, but we would like to have some idea of what you are going for. If it is to be a shopping center or a housing project, we feel that we must have some input into it, with full knowledge of what is going in. If it is an industrial prospect, we would like to have some knowledge as to where it will be located in relation to our facilities and any run-off from parking lots and such, which might be causing us problems, or any possible problems that you would locate it below the ditch to the point where we might be washing out or causing some potential flood damage problem to your client's facilities.

If we can get these various regulatory authorities to classify the lands lying below our reservoirs and also below our ditch in the exposed areas, as a flood plain, or one for sparse use and sparse pop-ulation, it will save the company thousands and thousands of dollars, not only in maintenance, but certainly in any new construction and

repairs to construction. This new change in the regulatory authorities' views is causing considerable concern to irrigators in the area. As an example, about three years ago we did considerable reconstruction and re-building of the dam on Boyd Lake. This was all done with complete approval of the state authorities and now we find that if it were done under the present regulations, it would be very much more expensive and from our standpoint would not be any more efficient.

(13)

Page 3

Wright Water Engineers, Inc. October 31, 1973

Under these circumstances, although we would like to cooperate as fully as possible with you, the company has determined that the avail-ability of the By-Laws should be through a request from a specific stockholder and, of course, any expense involved, not only in copying, but the time of company personnel in searching out the various provisions of the By-Laws, should be provided outside the expense and cost normally borne by the company.

WHS:dn

cc: Greeley

&

Loveland Irrigation Co. 8 08 23rd Ave.

Greeley, Colorado 80631

Yours very truly,

~ ~/II ~

SOU~

HARD

A

SOUTHA~

(14)

r

Co.

10

(15)

O Telephoned ~rn the call O Will call again O Came in O See me

Messag~:~·---r.r·-I----!::--··--··-··---·-··--'-·-···-- .

~~·-·-···-·-···-:-···-··· -:Yp1-

--Phone:

;}b(a~3¢/oate

/a

Tim4 3 a ey

~

(16)

13y

let

K

A.f

!hurof

y

:

J. -~

--+--+-~~~~~~<k----+-~_:]~-~-~·1~~~~-.Jlt__?_

-!---+--~

-- -- -- + -- -- -- -- -- -- -- - ---~-- ---~-- ---~-- ---~-- - - 1 - ·

_

_,__ - - - -- -- -- ---' -- -- -- -- -- ! -- -- -- --

--+---. --+---.--+---.--+---.

I

(17)

BACKGROUND INFORMATION

The Greeley and Loveland Irrigation system is operated as a mutual irrigation company and serves the principal irrigated farming areas betwee~ Greeley and Loveland and between Johnstown

and Windsor. Its first planning was as a part of the Union Colony.

Boyd - History of ·Greeley, Page 61.

"Union Colony's canal Number Four, which was

tf

o come out of the Big Thompson and water the lands on the bluffs south of town, was never built; but the'Loveland and Greeley•canal covers the land contemplated by its projectors, and cost about $50,000".

It was actually built by British proprietary developers under the corporate name The Loveland and Greeley Irrigation and Land Company, later reorganized as The New Loveland and Greeley Irrigation and Land Company. Its water was sold by "contract rights" to farmers, and in 1901 the system was turned over to the Greeley and Loveland Irrigation Company organized by the farmers who exchanged their contract rights for stock in the G&L. There was a close similarity of personnel, agents and investors in the early British companies with the Colorado Mortgage and Investment Company which held title to what is now much of the south parts of Greeley. One vest ige remaining today from the water "contract rights" of the Bri tish developers are contract rights in the Loveland and Greeley Reservoir, more commonly referred as Lake Loveland contract rights.

TOUR STOPPING POINTS

1. ASHCRAFT DRAW WASTE-WAY

In anticipation of UNC acquiring Armstrong Reservoir (present site of UNC Library and McKee Hall), a substitute tail water ditch was constructed at Ashcraft Draw in 1956 with control gates which can discharge all water in the ditch at that point into Ashcraft Draw. The course of the main ditch has comparatively little land lying above it from that point on and none from the Elks Club so the Reservoir Road US

34

By-Pass wasteway can handle any storm water running into the ditch from Ashcraft draw on, and or course some can be diverted into the Grapevine, and the small ponds near Greeley.

(18)

Subsequently the construction of Arrowhead Lake as an "in-channel" reservoir caused some considerable concern to the G-L, especially when it was proposed as the Town of Evans

water supply. Assuming the overflow facilities at Lake Arrow-head will properly operate, the G-L considers the Ashcraft draw wasteway an important safety control structure especially for the areas of Greeley's apparent growth.

2. EQUALIZER RESERVOIR

The flow of the ditch can be regulated through this small lake. Dead water levels can be utilized when adjustment and fluctuations occur in receiving water from the river and reservoirs to save adjustments to farmers headgates; so that under normal conditions the ditch riders need only make head-gate adjustments once per day to deliver the water ordered in by the farmers.

3.

BOYD LAKE PUMPING PLANT

The original concept of Boyd Lake was to raise the dam another 8 feet, and the headgates on the outlet tube (for exchange with Hillsboro) were installed with this in mind. Since there was a considerable portion of the storage capacity below the outlet tube, and with capacity calculations indicating the entire decree could be used by using the bottom space in place of an additional top

8

feet, a feasibility study disclosed a pumping plant would work and be much less costly. In 1902-1908 when Boyd Lake was being developed, the pumping technology was unknown. In many dry years through the period 1930-1950, extensive temporary pumping of water from the bottom of Boyd Lake was accomplished, but this was an awkward and expensive way to get water. Of interest, the contractor dug the well for the pumps 30 feet below the water level with a carryall,

creating. an anomaly where you could stand in the bottom of the excavation on dry earth, throw a stone 30 feet vertically in the air, and about 30 feet laterally and it would land in the largest irrigation reservoir in Colorado not developed by

government or public moneys. The bottom

ot

Boyd Lake is generally impervious and there is little seepage from Boyd Lake----it

is considered a very efficient reservoir. When full, Boyd Lake can supply, without other sources, sufficient water for the farmers under the G-L system for between 2 to 3 years.

The City's interest in the Boyd Lake premises is important, as project and any other water available to the system can be put into Lake Loveland to supply the City filter plant, while the Boyd Lake pumps can simultaneously supply the farmers.

4.

BOYD LAKE DAM AND SOUTH CONTROL GATES

Constructed in 1970 in a general repair or the embanlanent of Boyd Lake, this control gate can regulate the level or water to flow into Boyd Lake from the main ditch if the lake level is below the top 6 feet, or from the top 6 feet of Boyd Lake into the main ditch.

(19)

5.

NEARBY IS GREELEY FILTER PLANT

The areeley,raw water impoundment pond with facility to discharge "back-flow" water into the G-L System and prevent its waste----this fine filter plant can be enlarged.

6.

MAIN DITCH HEADGATE

Constructed in

1956,

this modern facility gives the River Commissioner a means of controlling the entire river flow at this point as well as a relatively easy facility to handle trees and brush in the river at times of high water to protect the ditch. Note the modern measuring devices and spillways.

7.

BARNES DITCH HEADGATE

This is an ideally located headgate at a bend in the river. Although it takes some muscle to keep trash out in times of

high water, it operates . relatively free of trouble and is the largest headgate on the Thompson river except for the NCWCD structures. Its capacity is to divert 1,000 cfs., which is a large amount of water.

G-L SYSTEM AS STORM WATER CONDUIT

Operation of a major irrigation system involves need to quickly use control devices. often in emergency situations, when a sudden storm occurs. Frequently this storm water can be salvaged. This requires familiarity with controls as well as keeping them

in working order to save and collect as much of the water as possible. yet protect the irrigation facilities and get rid of excess water safely. Lands lying above ditches and reservoirs

natu~ally drain into the ditches and reservoirs.

The Greeley and Loveland system ability to handle storm waters:

1. Upper end.

a. Barnes, Little Barnes and Main Ditches all run through Loveland and collect storm waters arising above the ditches.

(1) Barnes can discharge storm water into Lake Loveland

(2) Little Barnes - limited to capacity of tile under roads can deliver into Westerdoll

(3)

Main Ditch can deliver into Boyd Lake or equalizer if Boyd Lake is full

b. All reservoirs have basin drainage areas and receive some fun-off during storms, and Loudon Ditch wastes

(20)

(21)

c. City to have rights of way on company land for pipelines.

d. G-L to control water level of lakes and City and G-L cooperate and advise each other when water to be furnished and withdrawn .

e. City to pay shareholder carrying charges and shrink----out of season water running and storage charges and

shrink to be determined on experience and use. f. Establish raw water conversion ratio for G-L Water furnished for annexation:

Ratio Total sh. Potential for Shs. now ac. ft. issued Cit~ ac. ft. owned bJ: Cit~

1 sh G-L 33 1,636 53,985 1 sh 7 Lakes 20 400

B,ooo

1 Rt. Lake 40 300 12.000 Loveland (

73.988

f

CITY -- G-L AREAS OF FUTURE DEALINGS AND AGREEMENTS

1. Establishing with Loveland greater security protection regulations for safety and sanitation.

2. Developing mutually beneficial diversions of excess Greeley project water to Boyd Lake,

7

Lakes and Lake Loveland for future salvage for City~

3~ Study cost analysis for proper charges to City for

off-season services by G-L.

4. Work out wi th NCWCD winter deliveries when in periods

of limited warm spells to replenish Lake Loveland supply for Greeley.

5.

Basis to exchange City water from Horseshoe and Boyd Lakes to Lake Loveland.

6.

Due to high level for delivery rrom Lake Loveland into City raw water line, develop experience and practical

methods to maintain a high water level in Lake Loveland during times of high water usage by City and farmers under the ditch.

78 1/2

3<\

28

JO

(22)

URBAN AND DEVELOPMENT ENCROACHMENT PROBLEMS

I

It must be remembered the location of the ditch on various contours antedated the location of any urban or other developments and care should be taken to protect the ditch location against efforts of developers to seek relocation of the ditch.

Location of residential and commercial areas along the ditch pose, among others, the following problems:

1. Safety -- fencing or covering of ditch and latticing of conduits and long bridges, consideration of green belts along the ditch, enforcement of restrictions on swimming, boating and tubing in the ditch.

2. Loss of water -- enforcement and protection against landscaping areas next to the ditch with plants which are phreatic users of water.

3.

Pollution -- the prevention of residents along the ditch from disposing of solid and liquid wastes into the ditch,

establishing of standards for location of leach lines above

the ditch to prevent any possible flow of sewage into the ditch, all sewer and petroleum pipelines under ditch should be

in-stalled to prevent any possible leakage into the ditch.

4. Storm sewer and carrying of waste water-- prevention of excess or accelerated flow of water from areas lying above the ditch discharging the accelerated flow of water into the ditch, especially where the ditch is not designed to receive and carry extra flood water.

5.

Protection of right of way -- ditch operation requires continuous control of the water level and ready access to head-gates and control devices along ditch bank roads. All facilities crossing the ditch, whether bridges, pipelines or otherwise,

must be designed so that trash and tree limbs in the ditch will not be lodged against them and so the same can be removed when heavy equipment is put in the ditch for cleaning purposes.

6. Protection against damage claim -- location of housing below the ditch result in basement seepage during the time the ditch carries wa~er. Al~ crossing of the ditch by pipelines,

cable lines, above or under the ditch, should be worded so that there will be no claims against G-L for damages to such in-stallations in normal operating and cleaning procedures.

1.

FHA requirements and some municipal requirements relative to ditch rights of way.

8. What to do with weeds blown into ditch if agricultural burning is banned.

(23)

2. Middle portions of main ditch

a. Equaltzer Reservoir can control size of flow East of Boyd Lake until the ditch gets to dry lands above ditch.

b. Waste some into Big Cut Lateral (they in turn can divert some into Oklahoma Reservoir).

3.

Lower portions of main ditch

a. Waste entire ditch into Ashcraft draw----runs into Lake Arrowhead and to Platte.

b. Waste up to 100 cfs into Boomerang which can discharge into sheep draw and to Poudre.

c. Fill small ponds----T Bone pond, Sunset cemetery lake, Greeley Country Club, City golf course, Elks. d. Waste into Grapevine----some eventually into lower part of sheep draw.

e. Waste just on North side of 34 By-Pass at inter-section with Reservoir road into cement lined wasteway eventually runs near S_tate Farm Building and to gravel pits on Winton Clark farm and into Platte.

G-L MULTIPLE RESERVOIR FILLING METHODS

AND DELIVERIES FROM RESERVOIRS

A. Reservoir filling methods from Big Thompson Rtver----most often in times of flood.

1. Barnes Ditch - 1000 cfs to Lake Loveland

a. Out North end into dry creek and into Horseshoe Reservoir ( 7 Lak~s) and through Heinricy and two

Hoffmans to Boyd Lake.

b. Into Little Barnes to Westerdoll.

2. Main G-L Ditch (Chubbuck) 350 cfs to Boyd Lake. B. Reservoir delivery methods

1. Lake Loveland

a. Out North end through

7

Lakes system and into main ditch just west of Boyd Lake.

b. Out outlet· tube into main ditch.

c. Through Greeley raw water line to Greeley filter plant.

(24)

...

••

2. 7 Lakes

a. Horsehoe to Heinricy, to Upper Hoffman to Lower Hoffman to main ditch just West of Boyd Lake.

b, Westerdoll to two Hoffman's to main ditch just west of Boyd Lake.

3.

Boyd Lake

a. Out gates on South dam----the top 6 feet into main ditch.

b. Out outlet tube to Thompson River and exchange with Hillsboro (Hillsboro water then taken at main ditch

headgate into main ditch)----normally this limited to about

47

cfs.

c. Out Boyd Lake pump into . main ditch at East side Boyd Lake----involves substantial power cost.

HIGHLIGHTS Of CITY -- G-L AGREEMENTS

1. Basic Agreement of June 30, 1961

a. City to put in filter plant to process water from Big Thompson River----delivered through G-L facilities and locate filter plant on G-L land.

b. City serve water to areas west of Greeley about to be served by Little Thompson Water District. 2. G-L Shareholders Domestic Water Agreement - 1963

a. City to furnish filtered water to G-L shareholders to preclude soft water districts from Greeley Growth

Area.

_..,

"~

.

b. Anne xa ti on consep .. t ;J'•quirements established.

~ .~ ~

1 ~~~~1' t·

~ ~ ' & ... c, ""--"'-""'

c. Rate s for G-L shareholders provide water on in-city basis.

d. City gets rights of way for water lines.

3.

Operational agreement, November

5,

1963

a. Change city intake from Boyd Lake to Lake Loveland----softness of water quality.

(25)

Structure Barnes Ditch Main Ditch (Chubbuck) Lake Loveland Horseshoe

(7

Lakes) Boyd Lake

STATISTICS

G-L SYSTEM -- RIG THOMPSON RIVER

Priority Decree

6-13 1/2

21 1/2

7-

17-

23-

42-

48-

9-18

38

51

12

13

Decree Date

10-20-65 .

6-1-67

6-23-73

11-1-65

10-20-70

10-25-73

11-1-78

4-1-81

1-14-93

10-1-71

11-1-77

9-17-83

4-28-02

Quantity Direct Storage cfs. ac. ft.

18.56

12.06

19.93 s"W.

55

8.36

39.04

35.5

15.2

~

297.44

2.27

S~74

6.99

10.00

Direct run primarily pelivered to ·users under Little Barnes.

98.10 · -G(j,.L

14.,2l8.7 -~.L.

--....

_{s. L .}

8,432

44·0~1.2

GAOi-

L

66,7 1.9

FOR COMPARISON -- GREELEY-POUDRE RIVER WATER RIGHTS

Whedbee

Boyd

&

Freeman Comanche Hourglass Twin Lake Barnes Meadow Peterson Lake Seaman Dam

(SOURCE: OLIN SHAFFER)

6 1/2

6

10-1-62

3-15-67

6-13-23

5-15-99

7-22-21

7-21-21

7.5

5

12.5

2,6~9

l ',693

301

821

841

5₁

008 11,293

(26)

"Brc

G-L SYSTEM UPPER END

N

1 -f>O"

1)

\... ll

"t.

2. EQUALIZER RESERVOIR 3. BOYD LAKE PUMP

4. BOYD LAKE GATE 5. GREELEY FILTER PLANT 6. MAIN DITCH HEADGATE

I I I I I I 'T

:.,

: 11

:t

_I I

7. BARNES DITCH HEADGATE

~

'

-e

(27)

-9 ,

~ ., ... '\_ ~!.

sJIE.t

P

J>P--f!!./

---'

_''~SN<'

----~"'.'">-

-~

:ra'

--J!~A!f:'/ ~

...

LOWER END G-L DITCH LAST 6 MILES

N

1 '

_'

_',

_PL~

~

1. ASHCRAFT DRAW WASTE WAY A. CLARK GRAVE L PIT

B. CITY WATER RESERVOIR C. SUNSET CEMETERY LAKE 0. ELKS CLUB

E. GREELEY COUNTRY CLUB

-l!J---F. T BONE PONO

G. GREELEY MUNICIPAL GOLF COURSE LAKE H. LAKE ARROWHEAD

I. ASHTON SCHOOL J. AIMS COLLEGE

(28)

~)

t...L. • .

·4.t>

A-f:/~r

4-o

A-P/

tir

·· o/iF//t..T

._

..

_:,_,;__----·-.. ·,!,

~-

0 t.:._

73 /t-f!/1 ..

~-··•r /~,FT

:

. . .

J--ii o a -u-₁

w-/

PAc.)w...,;, ·tF~

(29)

e

\NRIGHT FOR THE· COU~TV COMMITTEE

RUTH WRIGHT FOR COUNTY CCMMIS~IONER

BOX 3471, BOULDER, COLORADO 80302

KA RL ANUTA ·CHAIRMAN· 499 • 3119 DWIGHT GILLEY· FINANCE· 494 • 1985

(30)

-

~- rlt~- i~ --- ~o~-

1;.t

A~ d~wt~er

·

.~- - -I I

~;jh'"

...

4-

,o

.... _

~J-<:)

.&)

1 1 t~

'

~.zz_t

~· ~

~

1

_,

_LAKE _._.SEVI

_~

_N _'}$0YJ> _'°:RI_VEfC

_~

q-~~

LOY

E.\,.~~I>

LAK

!::

LAKE

J>tVIJ

1

~~

C~T

, I I _{J :}_I

I·.+

) : B

, .. 8

-"l-0

0

' 1-~ I ti--~

'&.

~ - 2..

4)

I ,

₁₃

₇

_r _I),

-4;2 . .

2:0

27 .

+3

_-

20

28 r/IJ

-,

)~J

_~

')m_ i""t". - - _ _J (" , ~r .or V\.. I~

-I

_~,.~pl

_{I -·}

_.,.J

ttt--;,.,J

4-f

2.0

25

,, IH Q ~ ·

45 _J7

_\+

/ ( j ... rr-,

.

Ca.

(

'

4-C

_3·

_.%'>

_Cf

_2b

/

· 47

_2:0

_-

_'l--8

₈

+B

14-

If

~:s • I t"'..t>I

4-'1

~I

'2?;

1 8~

'1

.}JV

50

0 G:

42-5/

_ZO

₂₈

L2

'

r:;-2

zo

32. /8

c;-~ ()

B

,24

.

f S4

0

6 2-4

&i

0

_)ss

₀

_3~

₁₄

_4b ₁₁ 1

_h

~~.-s--s-%-5(;

0

12 / 2.

12 24-'

/]. "' ,... .

-

j

-,A _(

"'Jti'f

57

-

- -

~() -

---·-

..

8 -

. J

t

I\·-~

30

2 4· 6 ~ ~ ~\.:'

55 _2·0

_,?o

_I(

I

c

_?_2-

₈

( 0

s~

2:0

34 :2..0

).o

tO

10 80'i~

11 _bo

₂₀

₃₄

2._

4-

.24-

_4B

_/2

oO

p

_b'I

_2-.0

_.J4

₁₂

_.Z4

_JG

₍₁

_/;

₍₎ JI I..,, 11

_-

_..

G

z.

:J..O

_"?4-

_I_2.

a

₁₂ ₂

_7~

-

G~ ~o 2~ .14- /2

JC

"1

I~

o

I 0

01'6-G4-

.2 0

30 ,,

b

ll 5 ~)

10

l

Jo

GS

10 2+

JO

S't

1 3~ (0

bb

/_Et

,32_

4-0

0

10 10

l ()

~

b7

~o

32. 2+

-

b

i O

b~ ~o _.32.

48

8 1+

(Q

f

'1

_2.0

32-

4-+

8

\]

7'()

70

:(O

.J2

1-8

0

12 C'&

I I

7 /

_zo

2..4-

+o

₈

_I

_l

( 6 I 7;2._

.<O

J :l..

+-i

~ / 31

h

/\ () 73, ~()

:i-;..

+6

,

, ~ A_O ) . -r . ..

2._ ~.I~

+

_{, t}

'41

I~

.14

Aty'

sll,,re I

A./) _- A" • I o,51

=

c

/, 18 AF'/r1~

•· ~ . :::.

.

I L. _ I _..;.___ __._ --· . - --- - --- . - - . - - -

(31)

-

(32)

e

_{UPPER DIVISION}

e

-1-MONTH YEAR

Sun. Mon. T·ue. Wed. Thur. Fri. Sat.

Date Gate Roy Staples ₂1 Milliken Store 3 C. Carlson 4 J. Hirsch 5 K. Osborn 6 S. Pfeiff 6 A. Schneider 7 Macy-Anderson 8 C. Robenstein 9 W. Woods 10 K. Johnson 10

Hahn Est. (Chubbuck) 10

G. Beck 11 ₁₂ R. Mccreery 11 ₁₂ H. Ehler 13 C. Glascow 14 S. Pfeiff 14 G. Peak 14 W. Woods 14

Hahn Est. (Chubbuck) 14

Senn-Gorman 15 E. Senn ₁₆16 H. Chilson 17 C. Warburg 18 C. Warburg 19 ₁₉ C. Warburg 20 C. Warburg 21 Hahn Est. 22 ₂₂ Hahn Est. 23 W. Jeffers 23 Frank Bros. 24 T. Jeffers 25 Hahn Est. 26 TOTAL

(33)

1971 1972

1973

CUBIC. T. RIGHTS PER RIGHT OF

W~

LAKE

SEVEN

LOVELAND

LARE (4 sh.)

•

24

ae

3~ 2@ 32

33 Ar

/0.

I

-7

'3 (I - rfl-~ ~ ;

2 ,0

BOYD

I.AKE (8 sh.) 4G 48 48

RIVER

DIV.

(8 sh.) 8 6

16 CONS.

DIST.

6©

fo

7 'SJ

fo

7@

fo

{-,

-,

(34)

r

-

• Q

e

WRIGHT WATER ENGINEERS

e

ENGINEERING CONS UL TAN T S

2 0 ,9 BR Y .t.. ,..,.~ Sl Rf [ ~ r-t ~VE~ co . ("'I Aa no (:j r"l 71 l

TEL£PHONC

M~M81'." ']) . 8 201

THE GREE LEY AND LOVE LAND .-J.-R-R I G/\T I ON COMPANY GR EEL EY . COLORADO

Decembe r, 1969

The Greel .ey and Lov e l and lrri gci tion Company 1·1as formed in 1900 by a r eor gani-zat ion of a predecessor com:»an y fo r ·,ie d in 188 1. Th t" r e ai-e 16 ~ 6 s hares of co1;1mon stock i n the cor1pan y ownec 'i y appro;< ima t e ly 19 0 s tockho l ders . Current annual assessment is $ 16 . 00 per s ha re. For the ne x t fiv e ye ars an aci cl i t i on a l lev y of S3C . OO per shar e has been asses sed to rep ay a $350, CJOO loan used to reh ab i 1 i tate t he c ompan y 1 _{s Boyd Lake da111 "}

l- Js2

~oter.s-compa ny headquarters ar e in a newly constructed bu i ] d i ng l ocated at 808 2 ~ rd

Av en ue in Greeley , The con1rany super i nt ende nt is Mr . Nor11wn \.: ilson at Love lan c .

Other of f icers a re as fo 1 I ov1s: ""'O \J.~r ?I? _

7.()

~

/

Off i ce rs f\ ~- :...> O ~/ATER Edwa rd M. Bo r es en E l111e r E . Stroh Cai-roll E. F lack Dale R. Hinman Dir P. c t ors GI P- nn E , Smitn

Clar ence E. Rhoadarme r

E I mer H • { o th e Pr·es ident V i c e- PrP.si dent Se c 1- c tary Treas u r er Eciwar ci M. Bo r es en E l • ne r E . S t r o h Law ren ce H. Hertzke

David J . Stephens

Both direct fl ow and storage ri ghts ar e ovin ed by t he Greeley and Lov ela nd .Irri ga tion Company as shmm by the. fo lloviin g ta t:J ulat i on:

Di rec t F l ow Decree s

,l\ppropr i a- De c r ee Amo unt

:Piver'teol

Pr i orit_y t i on Date _{-- --- --} _{-- -·---}Dat e _(s_i'_sJ_

6 IU-2 0-1 8G5 5-28-.1 88 3 13 . 56''' :Barnes 7 11- 1- 1865 5 - 2 8 -18 8 :~ b . ~ 6 Cir-eeley

""°'

Lovel~,, "

l .. -~ 6- 1- 1867 5 - 28 -1 88; I 2 . 0 6•': ".B~rne.s 5"

Greeley "'"''

Love~tt~

1 J 10 - 20- i8i'O 5 - 28 -1 88 ) 3S . i4 2 I ·;; 6- 2 :>- 1873 5-2 8 -188 ) _{I ::; . ". ·, '"} E ~yne.s

23 10- 25- 1873 5- 28-1883 35 . 5.J

Greel~

t:tNI

7_:e.l"-l'l(

4 L: l 1-1- 18 78 5-28-188 3 15 . 2 0

C1reel /

flt"'-J ~e,14.._~

-+o

4 - 1- 188 1 5-28- 1883 ]-.J]_.~ ~reeler 4~ Lcvelt.t~

TOH1 L 4i..i 6 . 09

;': 0 . 4 8 cf s o f r ! o . (., Cl . 3 l cf s o f No l 3 ;; ci n c1 l.1 • 5 I d s o f No . 2 l ~

(35)

\

The ~reeley and Loveland Irrigation Company

Pa ge 2 of 4

15 December 1969

s·torage Decr ees

Ap p ro pri2 - Dec ree f1 moun t

C/.ielk

wit~ Prior it v ti o_n Date .Qli..1:_~---

Ji\

. F . '.

Jd\

\S:a''

tfseF!-

9 1-1 .'-+-1893 6-2 9-1 916 1l+,2 J9 Grt- L- . ii'\ 13ayd l4ife

~ovJ.~

rJ

)-.

I 3 14 4- 28-1 ;) 02 1-1 4-1893 6- 29-1 :, 16 10-5- 1925 ~2 ~S 4L+, 0 3 l

3S-3

-I~

4

_TOTAL T~ . SOS

T he Lo v eland and Gre eley Canal cl iv ,· rts r 1·0111 t ne l e~ t · la n k of the Ci g Thor.1:) s on

;( iv e r i :1 Section 15. T 5 t./ R 69 'vi near Lov (' l a nd . Ru1rnin g ea s t e r ly so uth o f La ke Lovel an c an d Boyd Lake , t he Ca nal serve s appro .... i ~ ~1 2t el y l ,· , occ a c. r es of lan e; lyi n g

be t we en Love land an d Greele y . T he Compc.ny also ovms an d operat t> s t he Bar nes Ditch v1h i c h d i v e rts from thr· le f t ban :, of t: hc Gi g Thompson in Sec t i on 17 . T 5 i-! .

R 69 \.J a Jove Lov e l and , The Bc;rn ES D itch is used t o f i ll LaKe Lnv e lan d, the Se v en La kes S/Sten o f r es t' rvo i 1·s , in :::: lu ci n _i Ho rs <> s hoe L. ake, an ,; Boyd La!<e . I.later can be purnp ed from Doyd 1.ake to t !1·.· l.ov c lan cl an <i Gre e ley . C.:-.nal v1he n the l c;k,. l ev e i i s lovi,

.!;5._ n~t "l~e d irect -(\.,w r 1c:Jhh

1:.rt-eJ.

c.ibdll{_ ,

\:c: ter mm ed Q:y: he Co:.nan/. that is dir ec t flO\: r i<J hts and Bo y e Lake water, is del i v e re d on a Jro rata i:· a si"s a.cc or ci ing t o t he nurhe r o r s! 1ar es ovme d. T he Comp an / also operate s Lake Lov e la nd an (I t he Se v e n La kes s ys t e11, out th is wat e r is na e owne cJ by t he Compan y but i s s epa rate ly 01vned :1 y Comi'any sto :: khol dc rs. Lake Lov e lan d and Seven 1.ci kes v.1a t e r i s ,:el : v c- r eci t h r·ou gh till- Lov el an d a ncl Gre e l ey Dit c h wi thout char ge . The Co mp an y does no t ov n an y Col o rado- S i g Thomps on wa t er but delivers it for stockholde1·s fo r a i-unnin g ch ar 'J c of S0"7'.1 :-ic r ac r e foot. •. ~O

(j 2 .)

De livery of v1ater is bas ed 011 allo t ;·wn t s dec la r eci •-' Y the l' o 21d of Dire c t or s.

an d ~·ssu d in the form of c'ays of \\lat e r per "r iJ ht '. T i~e r e ar e e i ght 11,.1~11~'\ · ' .sh~S o-f.1t<t11

ll ' '' - c. '1':' ~ d f . d 1 · .c . •

-per

·,""°

stoc:, t \ ay o wa t e r 1s ci e 1ve ry 0 1 on e c uu 1:: t oot per secon \I

(cfs ) for one dciy ~·thich i s f' quival ent t o 2 a··.r e fee t . T hus an a l lotment of 2 C '

days pe 1· ri ght me<:ins a hol rl c r o f eigh t sha r es v.1o ul c.l rec e iv e '+J ac r e f ee t o f

water { p r r iqht fo r~

t otal yidtl .

f

:i. ,5 60 ~ere.

.from

i?i _,h .s h~a .'1,

I

.

Ope r a t i on o( t he d it ch is c ompl e ~ , an~ nei ther the Compan y r ec ords nor thos e o f th e 1•12ter c o1~1n is s i on e r a r e comp lete en o ugh t o de t e rr,1in e ar; curatel / the f i r- 01

yield of \va t e r per sha r e , T a~J le I shov1s es ti 111ated yiel cl pe r s ha r e !J ased on the v1ater commissioner's reco r ds and int c rv iev1s 1-1 it h t he \·,ater c omm issi on e r . Th e fi gures are 0as ed on hea dgat e deliveries . an d rl a no t r ef l ec t d it c h lo ss es esti rna t eG a t 1 0 to 1 5 p e r c en L T he C i t y o f .:; re e l e y con s : de r s t h c f i rr:1 y : e 1 d of G re e 1 e y

7

_'

an d Lovel and lrri gci tion Coi-.i;) any sh are s t o be >3 ac r e fe <c t r)er sh ar e . This amount ap pears h i gh co mpa r ed to t he figures shm·m in Ta b l e 1 . T he City, hov1ever, c an

ta k e t he 11at e r into its s·1stem d ir ec tl y a t Boy <1 Lake . hO

"hf"ect"lv

et l4)(e Love/qin./

- ) I

Un de r the p res ent s y s tem of opera t i o n t he C o ~~a n y i s a !~ l e t o store direct

f l o\·1 \,tat e r in Boyd Lcike duri n g pe rio ds >-1hen th e ,,,;:it e r i s ava i la ., l e f o r d ivers ion : .. ut is not be in g c alle d for . This is done ~iy c' i v e rt in 9 ci ire c t flov1 wat e r no t us e d

in the Greeley and Lovela n d D itch int o t he Rar rw s Ditc h <:i nd t i1:Js :11to Boyd La ke . T h is stored water i s then c: v a iJa i_; l e for lat e r use v1h en t he r i v ,-. r is low. The

lar ge storage v oluli1e ol" Boyd i. ci ke of te n results in s t o;- a ge carr ied over from on e year to the nex t so th a t i t i s ava i la r le i n t ime s of g r r a test need .

(36)

T he Gree·l e y and Lov e land Irri gation Comp any Pa ge ; o f .'.+

15 Dec embe r 1969

TABLE 1

G :~ EEL E Y / 'JD LCVEL/ Nl! l ~K. l ,~/ TI O N COM PAN Y ES TI M/\TED YI ELD PER SHA RE

P.c r e Fee t Pe r J ha 1-e Year D i v e rt eci 1 S5Lf .. } _{:;u ,._}1 , ? _-,': 6 . 0 1S55 0 . ..: " 11.

s

1J5G 7. Cf

G. O

1957 6. 0 1358 8 . 6

_8.0

l

s

1

sst

U . 7 10. 0 19ti0 16.8 1~. o l 'j C 1 20 ,2

"I

₀ l)G2 'Ii _{L·+ •}_;:J,- 3,0 l '.)6; ') _{L U .O}~ r, Of, 0 !S C+ I f _6

s .s

i965 1 · ~. 7 _{I ']}

'.r

l :: G,; 15 . ·) l o,o 1) (7 7 l _{'' 0} !SGS _{~ I}4.

o

Me2 n 15.9

~·: Y i el d s ar e e sti 11a t ed f r oP1 av a i l ci i1 l e r-e cor 0s '.J ut 2re SU) j Cc t t o q~ e s t i o n . T;-,j 5 fig ure is a l_. no r ; ;al l '/ l 1i gii i n v i e1.v o f ra.::t t h.:i t 1954 v1as an e;: tremely ciry yeci r .

(37)

I .. ..

T he Gre ele y

Page 4 d 4

15 Dec emi)e r

and Loveland Irri gation Company 1969

/::.. t t he ;> r e s e n t t i me t he Co mr a n y ha s a c on t r a · : t v1 i t h t he C i t '{ o f G re e l e y u n d e r whi ; h t :1c City r en ts t n t he Co mp any a ll 1·;a t er ;n e .c es s o f th e C i ty ' s needs The a1110un t of 1·1a t e r t h is a 1· r a n _j eme nt has Dr od uceo i s no t l e t < r "1i 1<'. · l e . a nG i t c an :-. e e ~p ec t ed to dec reas e in t he f uture .

SUMMARY

T he SrE.'(' lc>y an cJ Lov e lo11 rl lr r i qci t ic·n r om·),., n/ i ; ~ st or·kho]c:e 1· rn rF' (~ ro m ~,an.1 01-. 1in c_J i:.> O t :~ (;:i"f' t~ t flo1· .::·n· s t ci r a ' jP r i ·31.t s fnm t hf' r i g T hnnrs n n ". iv e r. '.·'a t (;r i s o i ve r t eci f r u1.1 t ih o i :.:J T no;·uson nl! o r Lov e- I an <' i ·1t o t iw f,<>rnr'S l · i t c l· 1-~i · h fills [3 o '/ c.. L .::1 ~ C' an c i · 1 t o t he G re~ c l c '/ and L <· v f' I an(; D ; L h 1 · :·: i .: h r u •l s to '; 1-e c l e ; .

C: ) e r cJ ti o n ~1 f t ~1r Co1:-.-..:i 1,1 i .; ·: or:,- le ,; r:·: .:iu se oF i t s o ,~t· ; · ,-,t:~"n of La ke Lo v e ia nri a n'" t he: Sc vPn L<1k es S '" S t f·;; <. n .· ·.iclivt•r y of C-ii T 1 .·.~ t · 1· in ci(<Li t i nn to :t s ov:n c::·ec t

f!o1·, 2.1d storl' :,ic v <·t •" r T l1e Pst ' 111<i t •" c1 y i P l ci !'" ·· ~. h.=; r c ran ·.J es · ro1:· 7. 1 t o ~ · '. 2 a .:r c ff •Pt 1-·: t n 2n av r·r a y , F ' ) : ac re l C'e t T hese ::i q _ir ,·, s are not indi c'3 t :v,-,. of th·:· actua l 1·1<·t P.r ,1va i la L l c ·o sto ·- ~h( 1 l ( erc;, hOl .>cver". :1c" . .:• ·1s r the h :. 1hes t yie!c came in l .'' 54, a ye ~i r of e tr cr1c 1·;crt: E' 1· shortci ··w . T he a : :i t/ u 5 to 1·p di r -=-: t F l ov. 1va ', <.! 1· 1 iH' n i t i s 2v 2 i l () blc <>·'c' t he u11·r ;nv, r s t o r" il Jf· in [;n y(: L<> k,· s : gn i F : ··ant I/

en :-. an .: e t he va : ue o f t he Com;:i a rw \la t r- r 1·i ·1h t s . f-·n :.«; .a t ir- n o ' tl~e Co mpan y ' :; po :; i t i on is t h(· fact t ha t t he C it y of' G;·ee l ey ·: r 2cl it s t ' 1e Co i ir· c:iny s t o c k a t

33 ac r e fee t per sha r e .

o ~ n c rs hi ~ o f Gr e e l ey a n ~ Lovela n d I rr i ~a ti o n Corn .•any s t o ~ i . 1•o u l d be a dv an -ta geou s t o Ko dc;I, bec a use of its c ; •.: han ·~JC~ ,)O t e n t i ci l to Gre 1' l c , I t i s a ss .J1:1e cl t ha t Gr e e ley 1.vo u lc' a cce ;>t it i n c ha n ge a t th e p r ev i o u :> l y '.l ·v, n ra t e of ;·: a_re fee t per sha r e . It c e: uld a ls o :J e cxchvn JC"d t o o th e rs i n r e t Jr n Fo r

c-:n

un it s.

T he cu r r ent rw rke t p ri ~ e o f the s t o c k i 5 not kn01 .n. a n (! no 1·eco r r' of re r: ent s a l e s ~ o ul d be founci I f v a l ued CJ t S2UU per a c re foot 0 11 th e esti~a t ~ d av 0 ragc y i e ld , a · r i': e of Sl,2C C. pe r s ha r e i s i n1: c at ed . I f t he av c· ra ge v i e ld i s 0 quated t o C- BT un: t s v i th a n () V e r a~e y i e l d of l.•, 78 a·-:: r e fee t ;)e r un : t , t he i 1r i :cl t ed v a l ue is 35 , l J S ~ e r sh ar e . Bec au se of the co mb in a ti on of st ora'.lP an ~ di r ec t f l 0\·1 112L e r an d tlv Cor1par1/ 1_S _{me t ho d of o pe r atio n , t he s t o c k is c o n sider ed by i ts}

ovm e rs to :J c as ::ioo d as C- [:T u:t it s . A p r i:e c; f SS, 000 p er sha ,·c i s e qu i v a l ,; nt to

$ 150 pe r ac r e f oot fo r th e 33 a c r e fee t pe r sha~e us ed by t he C i t y of ~reeley

as th e yi e l d .

~/R I G HT \·1_{ATE f\} _{ENG l ~ IEERS}

(38)

·-C.13.-T

(39)

•

I

(40)

1 B

ri

•

_{. ,.}

-;

~

/

~

,

Jrc

.

I

#,__

.,,-.

,.,

"'

l

•

j

6 3 (

t

1-q

VI If(.

~

163 8 I

6

~

5_ Q _;]_

25. _.

A

,c-•

-e

(41)

. e

· -

----

-

- - - -

->-l~

-/ 1-0 -

\~

-'~o-

--

--- -

4 -- -- -- -- -- -- + -- -- -- -- -- _- ---

-•

- - - -~--- -~--- -~--- -~--- -~--- -~--- -~---~---~--- - - -

(42)

-CE

- + -

---.--•

+ -- ! >

-•

Of\ 1~.r

/)

yea

.---+---··-

.,f

4-1-+/,fll~

--

> !

-~-'-'---=l""'ve la_~A

_ _

~~-- b§t,..£,,L,

(43)

--r

--· _

W~ter

[oMrni.ssiooe.r

- _ Lloyel

13/uertt

--

- - - -- -

__

,_______

·---4-' --- - -- - - ---

₁

-+----

- -- - -

---1

JlJo-d

1~

- 1

- - - - ---- ---- · -· - - - --

•

-' - __M .~~-'--- --~---=--'---~-=--<->---"---'-~-'---"""'-

(44)

.f-'"-"----~-'--'-=---'---,----?

I

-...

- - - - + - - - - _ _ _ •

_:Pyeu

~v~

ecari-=-ds-=----""'--'LL-t---'-''-"---'--'--'-'",~fr.~--_ _ __ _ ----J_o__

over_

~ docvmeL__,,,V-7~'---'-

e::t__,

ve~r-"-'-

t:r--F

___ _

_

~~tl_

fie

fJ

?

__ _

--

-+----·

- - -

-

(45)

---

- - -

-_ '

Y:tf,u_~

c?trf

tb_~ _ --=...J~~~~?

___ _

· Whoi.

~r

r +

-recorJ.s

or

~b/~11-b·o..,

-~~,._..i

₁

s ~r~~s)

f:irtA

the

e;tnnv~

{

yield)

---

- - -

-svc.J..

rerofk

-~

=·-_

+·---

----t---[

---p~--h ~-.

·

-l~O

4F

f .

- - -

(46)

--- -

+---+- -

_{- --}

_-

_~?

_{- -}

-- - -

_-

- - - --

-H.dr"' __

-~C)d

_ M _

-

·---=-

~A/d

-

L-/

lf;

#

tt (

=-

----=----_.,.,..__~ - - - -- -- -- - 1 - - -

~

~~·:J.'-1

.. _(_"l

z_

8 ~CJ

t)

/rF__

---

---- ~

---~

-~

- ~ - z_~

~--- ~--- ~--- ~--- ~--- + ~--- ~--- - -

~--~~

~---

-~ <Sk:vt~;/;' - -

+f.

sfi.

G

-JQI)

L'J/

'

LL

- - -

,..,,..

- - ,-

7

A - , - - -

.IF

~'4"'~f .

-4reJ _

ill ~

~

= •

(47)

-I J/;v.

i::.~_,;~eer

I

Vo3~Y1 :

~e--+-J~i~M~~~~~r~K~_

'"Rm

,208

e

8 _,5S -

8712

-~'f'--'--

Yo_,...,

_...w....:...!n~w

_

_...~~·

"---"'-

-~

C

!i-

d i've(.{lCM

r~_s--d_'.J

__

-...-~~~~,_o_...,~J_=-- ~

_

Q_:±

L 'shares~'

ql'l

~-ttJ

-=-·--

w (

e_

~

11-'-e/ay,d

ll

Y'!J

h

b-~

C_

--·

- - - -- - +

-])~,ti :

- - - + - - - ----.iL (fl

$

).( 0 --.kh'-'-"rtfl-'+--V-- - -

_,.--I---'~"-'---'~---

-h'

ur~

-17

1

- - -

--·-

- - - . - - - - -- - - - -- -- -- -- -- ; -- -- -- -- --- - - --