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HomeMy WebLinkAbout790625.tiff RESOLUTION RE: APPROVAL OF SERVICE PLAN FOR THE PROPOSED NORTHMOOR ACRES METROPOLITAN DISTRICT. WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Northmoor Acres Homeowners Association is seeking to form the Northmoor Acres Metropolitan District pursuant to Section 32-3-101, et seq. , CRS 1973 , in order to provide the financing necessary and construct a system whereby 116 lots , of approximately one acre in size, may be provided irrigation water and possible fire protection, and WHEREAS, the Board of County Commissioners of Weld County, Colorado held a public hearing on the 30th day of May, 1979 at the hour of 2 :00 o 'clock p.m. in the Chambers of the Board of County Commissioners for the purpose of hearing the service plan of the proposed Northmoor Acres Metropolitan District. The legal description for the proposed district is as follows : Northmoor Acres Subdivision, First Filing, being a subdivision located in the South One-Half of the Northwest Quarter and the Southwest Quarter of Section Twenty-four, Township Four North, Range Sixty-eight West of the Sixth P.M. , Weld County, Colorado , more particularly described as follows : Beginning at the South Quarter corner of Section 24, Township 4 North, Range 68 West of the 6th P.M. , thence along the South line of said Section South 89°33 ' 13" West, 1279 . 80 feet to the true point of beginning; thence South 89°33 '13" West 1366 . 30 feet to the Southwest corner of said Section; thence along the West line of said Section North 2030 .00 feet; thence East 892 . 70 feet; thence South 27°11 ' 50 " East 837. 63 feet; thence South 0°26 '47" East 865. 00 feet; thence North 89°33 '13" East 79 . 98 feet; thence South 0°32 ' 47" East 410 .00 feet; more or less to the true point of beginning, contains 56.93 acres , more or less according to the plat thereof on file in the office of the Clerk and Recorder of Weld County, Colorado , Reception Number 1550063, Book Number 11 , Page Number 98; 740625 ≤Dao7 ? Northmoor Acres Subdivision, Second Filing, being a subdivision located in the South One-Half of the Northwest Quarter and South- west Quarter of Section 24 , Township 4 North, Range 68 West of the 6th P.M. , Weld County, Colorado, more particularly described as follows : Beginning at the South Quarter corner of Section 24 , Township 4 North, Range 68 West of the 6th P.M. , in the County of Weld, State of Colorado; thence along the South line of said Section South 89 °33 '13" West 879 . 80 feet; thence North 0 °32 '47" West 980 .00 feet; thence 89°33 ' 13" West 400.00 feet; thence South 0 °32 ' 47" East 570 .00 feet to the North- east corner of Lot 12 , Block 1 of Northmoor Acres Subdivision; thence along the North line of said Lot 12 South 89°33 '13" West 79 .98 feet to the Easterly line of said Subdivision; thence along said Easterly line the following courses and distances; North 0°26 ' 47" West 865.00 feet; thence North 27°11 ' 50" West 837 . 63 feet; thence West 892 . 79 feet to the West line of said Section; thence along said West line North 1964 . 81 feet to the North line of the South One-Half of the Northwest Quarter of said Section; thence along said North line North 89°54 '13" East 2649 . 66 feet to the East line of the West One-Half of said Section; thence along said East line South 0°03 '08" West 3 ,978 . 63 feet to the Point of Beginning; according to the plat thereof on file in the office of the Clerk and Recorder of Weld County, Colorado Reception Number 1585866, Book Number 12 , Page Number 50 ; WHEREAS, the Board of County Commissioners of Weld County, Colorado heard all of the testimony and statements of those present, has studied the request of the petitioner and the recommendations of the Weld County Planning Commission and all of the exhibits and evidence presented in this matter, and having been fully informed, is satisfied that the service plan of the proposed Northmoor Acres Metropolitan District should be approved. NOW, THEREFORE, BE IT RESOLVED by the Board of County Com- missioners of Weld County, Colorado that the service plan for the proposed Northmoor Acres Metropolitan District be, and hereby is, approved conditional upon the utilization of Plan No. 4 of the Irrigation Study for the Northmoor Acres Home- owners Association (Engineer' s Report) which involves the gradual purchase of water rights over a period of years , thereby decreasing the amount of water that would have to be rented. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 30th day of May, A.D. , 1979 . BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO (11 ATTEST: '1111 adjAmA;(141114/ft;ti Weld County Clerk and Recorder and Clerk to the B ,otRa BY i1t�-S._27. —{ /)41C ,1,—J- ._._, Deputy Courvty Clerk / \/ QWR ED AS TO FORM: , a Wunty Attorney DATE PRESENTED: JUNE 4 , 1979 BEFORt THE WELD COUNTY PLANNING LuMMISSION RESOLUTION OF RECOMMENDATION TO THE BOARD OF COUNTY COMMI ` SIONERS Moved by Frank Suckla that the following resolution be intro- duced for passage by the Weld County Planning Commission : Be it therefore Resolved ay tie Weld County Planning Commission that the following be adopted by the Board of County Commissicners : Northmoor Acres Metropolitan District Service Plan Pt . Si-, Section 24 , T4N, R68W To be recommended favorably to the Board of County Commissioners for the following reasons : It should not be up to the Planning Commission to saw that they should deny these people a right to go ahead and work out some of their problems . It should be up to them to determine whether they want this or not by a vote of the people Motion seconded by Fred Otis Vote : For Passage Abstain Against Fred Otis Jim Gilbert Percy Hiatt Frank Suckla Ben Nix _ Irma White Jerry Kiefer _ Bette Kountz Chuck Carlson __ ThF Chairman declared the motion passed and ordered that a certified copy of this Resoluti in be forwarded with the file of thOwdoA clovAlllitts Bo .ird of County Commissioners for further proceedings . —rr a .MAR 8 197 r C'Gr'ThrY. C<'L . CERTIFICATION OF COPY I , Shirley A. Phillips , Recording Secretary of the Weld County Planning Commission , do hereby certify that the above and foregoing Resolution is a true copy of the Resolution of the Planning Commission of Weld County , Colorado . rdopted on March 6 , 1979 and re- corded in Book No . VI of the proceedings of the said Planning Commission . Dated the 8th day of March — 1973 Secretary Date: March C , 1979 CASE NUMBER: N/A NAME: Northmoor Acres Metropolitan District REQUEST: Service Plaza Northmoor Acres Subdivision , First and Second Filings LEGAL DESCRIPTION: Pt . W Section 24 , T4N, P68W LOCATION: Approximately 3 miles southwest of Johnstown THE DEPARTMENT OF PLANNING SERVICES STAFF RECOMMENDS THAT THIS REQUEST BE Approved FOR THE FOLLOWING REASONS : Colorado Revised Statute sets forth provisions for review of the service plans . Based upon the information submitted and a review of the criteria set forth in the statutes, the Department of Planning Services Staff feels the following criteria have been satisfied : 1 . There is sufficient existing and projected need for organized service in the area to be serviced by the proposed district ; and 2 . The existing service in the area to be served by the proposed district is not adequate for present and projected needs ; and 3. Adequate service is not , nor is not anticipated to be , available to the area through municipal annexation by other existing muni- cipal or quasi-municipal corporations within a reasonable time and on a comparable basis ; and 4 . The proposed special district is capable of providing economical and sufficient service to the area within its proposed boundaries ; and 5 . The facility and service standards of the proposed district appear compatible with facility and service standards of adjacent municipalities and special districts. The Department of Planning Services Staff is not equipped with the expertise to review one additional criteria . The criteria requires satisfactory evidence that the area to be included in the proposed district does have , or will have, the financial ability to discharge the proposed indebtedness on a reasonable basis . The Financial Feasibility Report submitted by Bosworth-Sullivan indicates the proposed district can financially meet its obligations . The report appears to rely on future population and membership to the district , however, Northmoor Acres Metropolitan District PLANNING STAFF RECOMMENDATION March 6 , 1979 The staff recmmmends the Planning Commission be satisfied the • criteria for financial burden is justified before recommending approval to the Board of County Commissioners or condition approval on the Board ' s satisfaction of the criteria . ?c 79 • NOTICE PUBLIC HEARING Docket #79-6 THE SERVICE PLAN OF THE PROPOSED NORTHMOOR ACRES METROPOLITAN DISTRICT NOTICE is hereby given of a hearing before the Board of County Commissioners of Weld County, Colorado, on the 14th day of March , 1979 at the hour of 2 : 00 P.M. in he Weld County Commissioners hearing room, first floor, Weld County Centennial Center, 915 10th Street, Greeley, Colorado, for the purpose of considering the service plan of the proposed Northmoor Acres Metropolitan District. This notice is given pursuant to the Special District Control Act, Section 32-1-201 , et seq. , CRS 1973. Copies of the Service Plan are on file at the Office of the Clerk to the Board of County Commissioners located on the 3rd floor, Weld County Centennial Center, 915 10th Street, Greeley, Colorado and may be inspected during regular business hours . Within 20 days after the completion of the hearing, the Board of County Commissioners will consider the approval of the Service Plan. All interested parties under the law will be afforded an opportunity to be heard at said hearing. This notice given and published by order of the Board of County Commissioners, Weld County, Colorado. DATED: February 21, 1979 '' THE BOARD OF COUNTY COMMISSIONERS E• ,, WELD COUNTY, COLORADO BY: MARY ANN FEUERSTEIN I COUNTY CLERK AND RECORDER AND CLERK TO THE BOARD OF COUNTY COMMISSIONERS 9 t D: 4I February 22, 1979 a. March 1, 1979 0, I March 8 , 1979 r{'',.. I,4 Ilk 1` u ,. IM Ilk , I 44. Y 0 � I I � 1,Z It I4/I �jln f� k AFFIDAVIT OF PUBLICATION LONGMONT DAILY TIMES-CALL State of Colorado County of Boulder ) ss I David A. Love do solemnly swear that the LONGMONT DAILY TIMES-CALL is a ,ii ,•i1t daily newspaper printed, in whole or in part, and published in the City of Longmont, County of Boulder, State of Colorado, and which has general circulation therein and in parts of Boulder and Weld Counties; that said newspaper has been continuously and uninterruptedly published for a period of more than six months C.-' .. ,. . ,.. next prior to the first publication of the annexed legal notice of advertisement, that said newspaper has been admitted to the United States mails as second-class matter under the provisions of the Act of March 3, 1879, or any amendments thereof, and that said newspaper is a daily newspaper duly qualified for publishing legal notices and advertisements within the meaning of the laws „a of the State of Colorado; that copies of each number of said • •1•,,A440 a4' 1' • newspaper, in which said notice or advertisement was published, were transmitted by mail or carrier to each of the subscribers d µ " " "41`4; of said newspaper, according to the accustomed mode of business $ ll . +- � .ca, �.•••• in this office. That the annexed legal notice or advertisement was published in the regular and entire editions of said daily newspaper once each * week on the same day of each week for the period of One .. consecutive insertions; and that the first publication of said notice was in the issue of said newspaper dated Marc.h 5 19....7.9...., and that the last publication of said notice was in the issue of said newspaper dated March 5 1979 In witness whereof I have hereunto set my hand this 5th day of March 19..7. .... Assistant Business Manager Subscribed and sworn to before me this 5th day of Ma.rch..., 19.2.9 My Commission Expires��•-�-'{� X' l Il '1714 1- -f r -citn-/ NotaW Public FEE $ , 13.22 1-1300-02 Aitidavit of Publication STATE OF COLORADO ss. County of Weld, I, Charleen Rvdd 3f said County of Weld, being duly sworn, say that I am an advertising clerk of THE GREELEY DAILY TRIBUNE, and THE GREELEY REPUBLICAN ti that the same is a daily newspaper of general circulation and printed and published in the City of Greeley, in said county and state; that the notice or advertisement, of which the annexed is a true copy, Ills is been published in said daily newspaper for consecuti.,e (days) (weeks); that the notice was published in the regular and entire issue of every number of said newspaper during the period and time of publication of said notice, and in the newspaper proper and not in a ' supplement thereof; that the first publication of said notice was contained in the issue of said newspaper bearing date fifth i ri day of March _A.D 197_'4 and the last publication thereof; in the issue of said t' newspaper bearing date the fifth day of March A D. 19?`'_; f that said The Greeley Daily Tribune and The Greeliy Republican, has been published continuously avid uninterruptedly during the period of at least •ix t y ;I tn � months next prior to the first issue thereof contained Jo I 1 r' s said notice or advertisement above referred to; that said newspaper has been admitted to the United Stares r mails as second-class matter under the provisions of the ' P , ft� 'tkii S $`':. Act of March 3, 1879, or any amendments thereof; arid -i , , h that said newspaper is a daily newspaper duly qualifi,rd i r, if t"'u r s "'`7 for publishing legal notices and advertisements within the meaning of the laws of the State of Colorado. i March 5 , 1979 total $ 13 . 92 �� �- cia Advertising Clerk Subscribed and sworn to before me this 5th day-Of March A.D. 1979 My Commission expires Feb 28, 198; My co ission xpires_ �-, , , -.. Notary Public AFFIDAVIT OF PUBLICATION THE JOHNSTOWN BREEZE STATE OF COLORADO ) ) ss. COUNTY OF WELD ) I, Eugene Thomas, do solemnly swear that I am publisher of The Johnstown - Breeze; that the same is a weekly newspaper printed, in whole or in part, and published in the County of Weld. State of Colorado, and has a general circulation ;4; therein; that said newspaper teas been v,, published continuously and uninterrupted- `= ly in said County of Weld for a period of { more than fifty-two consecutive weeks - j' ; prior to the firsi publication of the annexed legal notice or advertisement; that said newspaper has been admitted to the United States mails as second-class matter under the provisions of the Act of March 3, 1879,or any amendments thereof and that II said newspaper is a weekly newspaper duly qualified for publishing legal notices and advertisements within the meaning of the laws of the State of Colorado. II ...�, That the annexed legal notice or i advertisement was publishec in the regular and entire issue of every r umber of said weekly newspaper for the oeriod of 3 consecutive insertions; and that the Ili '' ) first publication of said notice was in the t?, "a issue of said newspaper dated 'd a R IL Ik r A.D. 19 71 , and that the last p,iblication of said notice was in the issue of said III q I 1,s newspaper dated fit`' gA.D 19 77 ;^ In witness whereof I have hereunto set ,, ft] •III my hand this�Ifyc day of ' ' ' l li A.D. 19 7, . 'if li pp ✓Y/ Publisher. i Subscribed and sworn to before me. a A.;I t 1 ` Notary Public in and for the C ounty of 4. II cif ) t/. Weld,State of Colorado, this 9f day of i7j�Z A D 1.972 i1 Notary Public My commission expires .- -' SERVICE PLAN FOR PROPOSED NORTHMOOR ACRES METROPOLITAN DISTRICT PURPOSE This service plan has been prepared by the Northmoor Homeowners Association to comply with the Special District Control Act, C.R.S . 1973 , 32-1-201 et. seq. , and to provide the Weld County Commissioners, property owners within the proposed district, and other interested parties with infor- mation pertinent to the establishment of the proposed Northmoor Acres Metropolitan District. The purpose of the District is to supply water by any available means for said District and the inhabitants thereof by providing a complete water supply, storage, transmission and distribution system, together with all necessary incidental and appurtenant facilities for the uses of irrigating lawns , gardens, and greenbelt as well as other outdoor uses, by the use of, but not limited to, the following water rights owned by Northmoor Acres Homeowners Association, a non-profit corporation organized pursuant to Section 7-20-101, C.R.S. 1973 , et. 5e3. : Five (5) shares of the capital stock of the Supply Irrigation Ditch Company, Twelve (12) shares of the capital stock of the Bunyan Lateral Ditch Company, Eleven (11) shares of the Farmers Ex- tension Ditch Company, and Eleven (11) shares of the capital stock of the Ish Reservoir Company. A further purpose of the District is to provide fire protection by means of development of the water supply for that purpose. Therefore, pursuant to the provisions of the Metropolitan District Act, Section 32-3-101 et. seq. , C.R.S. 1973 , the two purposes of the District will be to act as a water district and fire protection district. DESCRIPTION OF PROPOSED DISTRICT The proposed District encompasses the lots and common area within the Northmoor Acres Subidivison first and second filings which are described as follows: Northmoor Acres Subidivison, First Filing, being a subdivision located in the South One-Half of the Northwest Quarter (S 1/2 of NW 1/4) and the Southwest Quarter (SW 1/4) of Section Twenty-four (24) , Township Four (4) North, Range Sixty-eight (68) West of the Sixth (6th) P.M. , Weld County, Colorado, more particularly described as follows : Beginning at the South Quarter corner of Section twenty-four (24) , Township Four (4) North, Range Sixty-eight (68) West of of the Sixth (6th) P.M. , thence along the South line of said Section South 89° 33 ' 13" West 1,279 . 80 feet to the true point of be- ginning; thence South 89° 33 ' 13" West 1, 366 . 30 feet to the Southwest corner of said Section; thence along the West line of said Section North 2 , 030. 00 feet; thence East 892 . 70 feet; thence South 27° 11 ' 50" East 837 . 63 feet; thence South 0° 26 ' 47" East 865 . 00 feet; thence North 89° 33 ' 13" East 79 . 98 feet; thence South 0° 32 ' 47" East 410 . 00 feet; more or less to the true point of beginning, contains 56 . 93 acres, more or less according to the plat thereof on file in the office of the Clerk and Recorder of Weld County, Colorado, Reception Number 1550063 , Book Number 11, Page Number 98 ; Northmoor Acres Subdivision, Second Filing, being a subdivision located in the South One-half of the Northwest Quarter (S 1/2 of NW 1/4) and Southwest Quarter (SW 1/4) of Section Twenty-four (24) , Township Four (4 ) North, Range Sixty-eight (68) West of the Sixth (6th) P.M. , Weld County, Colorado, more particularly described as follows : Beginning at the South Quarter corner of Section Twenty-four (24) , Township Four (4) North, Range Sixty-eight (68) West of the Sixth (6th) P.M. , in the County of Weld, State of Colorado; thence along the South line of said Section South 89° 33 ' 13" West 879. 80 feet; thence North 0° 32 ' 47" West 980. 00 feet; thence 89° 33 ' 13" West 400. 00 feet; thence South 0° 32 ' 47" East 570. 00 feet to the Northeast corner of Lot Twelve (12) , Block One (1) or Northmoor Acres Subdivision; thence along the North line of said Lot Twelve (12) South 89° 33 ' 13" West 79. 98 feet to the Easterly line of said Subdivision; thence along said Easterly line the following courses and distances; North 0° 26 ' 47" West 865 . 00 feet; thence North 27° 11 ' 50" West 837 . 63 -2- feet; thence West 892 . 79 feet to the West line of said Section; thence along said West line North 1, 964 . 81 feet to the North line of the South One-Half of the Northwest Quarter (S 1/2 of NW 1/4) of said Section; thence along said North line North 89° 54 ' 13" East 2 ,649. 66 feet to the East line of the West One-Half of said Section; thence along said East line South 0° 03 ' 08" West 3 , 978 . 63 feet to the Point of Beginning. according to the plat thereof on file in the office of the Clerk and Recorder of Weld County, Colorado Reception Number 1585866, Book Number 12 , Page Number 50; Map of the proposed District boundaries is attached as Ex- hibit "A" . POPULATION AND ASSESSED VALUATION The current estimated population of the proposed District is 140 and it is projected that the population will increase to approximately 480 . Based on the current records of the Weld County Assessor' s Office, the assessed valuation of real property and improvements in the Proposed District is $455, 610. 00 . FACILITIES The proposed irrigation system was designed by H. & S . Irrigation of La Salle, Colorado, pursuant to government regulations. The system provides a two inch outlet to each lot with each outlet designed to deliver 50 g.p.m. at a minimum pressure of 60 p. s. i. and a maximum pressure of 80 p. s. i. The pumping stations for the irrigation system con- sist of two twenty-five (25) horsepower and one Thirty (30) horsepower pumps. The pumps will be set in dry wells with perforated inlet pipe and rock filter beds. The system is supplied with the ditch water described above, and the filtered inlets will protect the pumps and the sprinkler heads from abrasive wear from silt and sand. -3- COSTS Irrigation water supply system with 2" valved outlet for each lot. Three close soupled Turbine Pumps 230 volt, 3 phase (2-25HP pumps, 1-30HP pump) . MATERIALS $ 58 , 000 . 00 PUMPS 13 , 500 . 00 State Sales tax on Materials and Pumps 2 , 500. 00 Trench, Lay & Backfill Pipeline 41, 500. 00 Bore Road Crossings 7 , 750. 00 Install Riser and Valved Outlets 1, 850. 00 Install pumps in dry wells and connect to Pipeline (Does not include electrical work. ) 1, 000. 00 Electrical , excavating and servicing 15, 980. 00 If casing required under roads 2 ,300. 00 Capitalized Interest 14 ,400 . 00 Cost of Issuing Bonds 6 , 000. 00 Estimated Legal Fees 6 , 000 . 00 Bond Discount 5 , 000 . 00 Contingency 4 ,220 . 00 TOTAL $180, 000. 00 FINANCIAL FEASIBILITY Operation of the District is feasible as shown in Exhibit "B" , a financial feasibility report prepared by Bosworth-Sullivan. CONCLUSION The formation of the Northmoor Acres Metropolitan District will allow members of the District to irrigate the lawns, gardens and greenbelt, within the District and make other outdoor uses including future fire protection, and will en- able each member to make full and maximum use of the water owned by the Northmoor Acres Homeowners Association. The proposed irrigation system will preserve and enhance property values throughout the entire District. Dated: February 5, 1979 Doug / ay •xetid t Nort, ,.or A -s o' =,'wners Asso ration ., (gU,ura./C.A.-- Kim R. Lawrence Attorney for Northmoor Acres Homeowners Association -4- FINANCIAL FEASIBILITY REPORT Prepared by BOSWORTH-SULLIVAN February 1 , 1979 Donald J. Wheeler Vice President Public Finance Department 950 Seventeenth Street Denver, Colorado 80202 EXHIBIT "B" TABLE NO. 1 Northmoor Acres Estimated Application of Bond Proceeds $180,000 Issue Construction and Engineering $144 ,380 Capitalized Interest 14,400 Costs of Issuing Bonds (Bond Attorney, printing, etc. ) 6,000 Estimated Legal Fees 6,000 Estimated Bond Discount 5,000 Contingency 4,220 Total $180,000 • N N (t) y W N L J X- 0 2C 0 . a WW N z Y 9 O Y > a r AaW .n 0 22 OMel�ee ONOMM f�^NOM Ua = 5.- TK a C WMVIONCe0ee0r-49=900 NI`40 u•-•Y O. 01 HI�MMI.40I-NX12222N22CULONNen L..,- WO 00 O X = N n N a N A J E we; W N p r Or CO = U Y O N O. 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CO Cl -- 04- 099=90000000000000000 W U W 9 a m 9 a W W W W W W W W W L Hlref�0eeeeeee eeeeeee ee W H N h, II-- L c009 pJ Y I-I I- I- - . . . . I- 0U ee.9===============Nln 0 04-SE Z'- OM3+C• Z 2 2 2 0 0 0 0 2 S S Z a N W L 2O.-N M X.N 2 A c09 O 4-N M pin.O n 41a M 1...-22000000=00222222222222 a 222222202222222222222 Y TABLE NO. 3 Northmoor Acres ESTIMATED EXPENSES OF THE WATER SYSTEM Total Expense Other Than Paying Billing Debt Debt Year Electricity Maintenance Agent & Misc. Service Service Total 1979 $ 500 $ 100 -0- $500 $1,100 -0- $ 1 ,100 1980 4,195 1,000 $250 500 5,945 $14,400 20,345 1981 4,470 1,065 250 500 6,285 19,400 25 ,685 1982 4,760 1,135 250 500 6,645 19,000 25,645 1983 5,070 1,210 250 500 7,030 18,600 25,630 1984 5,400 1,290 250 500 7,440 18,200 25,640 1985 5,400 1,290 250 500 7,440 17,800 25,240 1986 5,400 1,290 250 500 7,440 17,400 24,840 1987 5,400 1,290 250 500 7,440 17,000 24,440 1988 5,400 1,290 250 500 7,440 16,600 24,040 1989 5,400 1,290 250 500 7,440 21,200 28,640 1990 5,400 1,290 250 500 7,440 20,400 27,840 1991 5,400 1,290 250 500 7,440 19,600 27,040 1992 5,400 1 ,290 250 500 7,440 18,800 26,240 1993 5,400 1,290 250 500 7,440 18,000 25,440 1994 5,400 1,290 250 500 7,440 17,200 24,640 1995 5,400 1,290 250 500 7,440 21,400 28,840 1996 5,400 1,290 250 500 7,440 20,200 27,640 1997 5,400 1,290 250 500 7,440 19,000 26,440 1998 5,400 1,290 250 500 7,440 17,800 25,240 1999 5,400 1,290 250 500 7,440 21,600 29,040 NOTE 1 NOTE 2 NOTE 3 NOTE 4 NOTE 5 NOTE 1 - The electrical expenses of the system are based on estimates by Public Service Co. of Colorado of the costs to operate one 30 horse power and two 25 horse power pumps. PSC estimates the electrical expense to operate these pumps for 1978 to be $3,695.67. The Company also suggests allowing for increases in these expenses at the rate of 62% annually for the first 5 years. It should be noted that while PSC anticipates increases after 5 years, it is impossible to estimate the rate of the increase. For purpose of this analysis, the electrical expense remains constant from 1984 through 1999. Any increase or decrease in this expense could be reflected in the charges or mill levy. NOTE 2 - While this type of system is somehwat unique, H & S Irrigation Co. estimates that the maintenance cost should not exceed $1,000 annually. As with the electrical cost, an inflation factor of 61/2% was used for year 1980 through 1984 with no provision for increase after 1984. NOTE 3 - The estimated annual paying agent fee is based on current fees for bond issues of this type being charged by paying agents in the area. NOTE 4 - The District will incur various miscellaneous expenses associated with the operation of the systems i .e. billing, postage, legal , etc. NOTE 5 - See Table No. 5 Any increase or decrease in the estimated expenses to be incurred by the District in the operation of the system will be passed on to the residents of the District in the form of fees as shown on Table No. 4. TABLE NO. 4 Northmoor Acres ESTIMATED REVENUE OF THE WATER SYSTEM Standby Fee Per Month Service Annual Per Lot Annual Tap Fee Service For Lots Stand by New Total Tap Fee Per Month Fee not Tapped Fee Total Year Taps Taps Fee Revenue Per Tap Revenue on System Revenue Revenue 1979 -0- -0- - -0- -0- -0- -0- -0- 1980 45 45 $100/T $4,500 $13.75 $ 7,425 $10.00 $9,120 $21 ,045 1981 20 65 200/T 4,000 17.50 13,650 12.50 8,400 26,050 1982 15 80 200/T 3,000 17.50 16,800 12.50 6,150 25,350 1983 15 95 300/T 4,500 17.50 19,950 12 .50 3,900 28,350 1984 15 110 300/T 4,500 17.25 22,770 12.50 1 ,650 28,920 1985 11 121 300/T 3,300 17.00 24,684 - - P7,984 1986 - - - - 17.25 25,047 - - 25,047 1987 - - - - 17.00 24,684 - - 24,684 1988 - - - - 17.00 24,684 - - 24,684 1989 - - - - 20.00 29,040 - - 29,040 1990 - - - - 19.50 28,314 - - 28,314 1991 - - - - 19.00 27,588 - - 27,588 1992 - - - 18.25 26,499 - - 26,499 1993 - - - - 17.75 25,773 - - 25,773 1994 - - - - 17.25 25,047 - - 25,047 1995 - - - - 20.00 29,040 - - 29,040 1996 - - - - 19.50 28,314 - - 28,314 1997 - - - - 18.50 26,862 - - 26,862 1998 - - - - 17.50 25,410 - - 25,410 1999 - - - - 20.25 29,403 - - 29,403 NOTE 1 NOTE 2 NOTE 1 - The estimated new taps issued per year was provided by the Northmoor Acres Homeowners Association. NOTE 2 - Does not take into account non-payment of fees. TABLE NO . 5 Northmoor Acres BOND INTEREST PAYMENTS START DATE: 9/01/79 180,000 COUPON YEARLY DATE PRINCIPAL RATE INTEREST PAYMENT PAYMENT 3/01/80 7 ,200.00 7 ,200.00 9/01/80 7,200.00 7 ,200.00 14,400.00 3/01/81 7,200.00 7,200.00 9/01/81 5,000 8.000% 7,200.00 12 ,200.00 19,400.00 3/01/82 7,000.00 7,000.00 9/01/82 5,000 8.000% 7,000.00 12 ,000.00 19,000.00 3/01/83 6,800.00 6,800.00 9/01/83 5,000 8.000% 6,800.00 11 ,800.00 18,600.00 3/01/84 6,600.00 6,600.00 9/01/84 5,000 8.000% 6,600.00 11 ,600.00 18,200.00 3/01/85 6,400.00 6,400.00 9/01/85 5,000 8.000% 6,400.00 11 ,400.00 17,800.00 3/01/86 6,200.00 6,200.00 9/01/86 5,000 8.000% 6,200.00 11 ,200.00 17,400 .00 3/01/87 6,000.00 6,000.00 9/01/87 5,000 8.000% 6,000.00 11 ,000.00 17,000.00 3/01/88 5 ,800.00 5 ,800.00 9/01/88 5,000 8.000% 5,800.00 10,800.00 16,600.00 3/01/89 5 ,600.00 5 ,600.00 9/01/89 10,000 8.000% 5,600.00 15,600.00 21 ,200.00 3/01/90 5 ,200.00 5 ,200.00 9/01/90 10,000 8.000% 5 ,200.00 15,200.00 20 ,400.00 3/01/91 4,800.00 4,800.00 9/01/91 10,000 8.000% 4,800.00 14,800.00 19,600.00 3/01/92 4,400.00 4,400.00 9/01/92 10,000 8.000% 4,400.00 14,400.00 18,800.00 3/01/93 4,000.00 4,000.00 9/01/93 10,000 8.000% 4,000.00 14,000.00 13,000.00 3/01/94 3 ,600.00 3,600.00 9/01/94 10,000 8.000% 3,600.00 13 ,600.00 17,200.00 3/01/95 3,200.00 3,200.00 9/01/95 15 ,000 8.000% 3,200.00 18,200.00 21 ,400.00 3/01/96 2,600.00 2,600.00 9/01/96 15 ,000 8.000% 2,600.00 17,600.00 20 ,200.00 3/01/97 2,000.00 2,000.00 ` 9/01/97 15,000 8.000% 2,000.00 17,000.00 19,000 .00 3/01/98 1 ,400.00 1 ,400.00 9/01/98 15,000 8.000% 1 ,400.00 16,400.00 17,800.00 ` 3/01/99 800.00 800.00 9/01/99 20,000 8.000% 800.00 20,800.00 21 ,600.00 TOTALS 180,000 193,600.00 373,600.00 The coupon rate of 8.00% is based on current market conditions . The actual rate may be more or less than 8.00% based on conditions at time of issuance. i4 ,ff1 Wen° CIUIrT C/MMISSg9ER5 4f STEINMARK & LAWRENCE MAY 3 1979 ATTORNEYS AND COUNSELORS AT LAW 0 J SUITE 500,GREELEY NATIONAL PLAZA ---_.. POST OFFICE SOX 1955 CREEL! 1. GREBLEY,COLORADO 80899 ALVIN L.STEINMARK TELEPHONE 356-6466 KIM R.LAWRENCE AREA CODE 303 May 30 , 1979 Clerk of the County Commissioners Greeley City Complex Greeley, CO 80631 Re : Northmoor Acres Service Plan Dear Clerk: Please find enclosed four copies of the Amended Financial Feasibility Report to be attached to the Service Plan and Amended Estimate of Costs labeled "page 5" and to be added to the Service Plan. Please bring these matters to the attention of the County Commissioners and the Planning Staff as soon as possible. Sincerely, � Kim R. Lawrence KRL/sc Enclosures MAY 3 0 1979 AMENDED ESTIMATED COSTS Estimated costs of the proposed system as well as costs of financing have been amended to take into consideration increased costs since the filing of the proposed Service Plan on February 5 , 1979 , additional improvements proposed in the engineering report, and the cost of renting additional water when such becomes necessary. Costs of the System Irrigation water supply system with 2" valved outlet for each lot. Three close soupled Turbine Pumps 230 volt, 3 phase (2-25HP pumps, 1-30HP pump) . MATERIALS $ 58 ,000 . 00 PUMPS 13 , 500 . 00 State Sales Tax on Materials and Pumps 2 , 500 . 00 Trench, Lay & Backfill Pipeline 41 , 500 . 00 Bore Road Crossings 7 , 750 . 00 Install Riser and Valved Outlets 1 , 850 . 00 Install pumps in dry wells and connect to Pipeline (Does not include electrical work) 1 , 000 . 00 Electrical , excavating and servicing 15, 980 . 00 If casing required under roads 2 , 300 . 00 Electrical facilities (2 , 400 feet of 3ph line) 18 , 500 . 00 Two storage ponds or possible improvement of transfer ditch 17 , 120 . 00 SUB TOTAL $180 , 000 . 00 $180 ,000. 00 Other Costs Capitalized Interest 15 , 275 . 00 Cost of Issuing Bonds (Bond attorney, printing, etc. ) 6 , 000 . 00 Estimated legal fees 3 , 000 . 00 Estimated Bond Discount 8 , 000 . 00 Reserve fund 25 , 000 . 00 Contingency 2 , 725 . 00 SUB TOTAL $ 60 , 000 . 00 $ 60 , 000 . 00 TOTAL $240 , 000 . 00 See Financial Feasibility Report for complete explanation Exhibit "C" -5- . wan c i ry ZNIMPOINFIN 1.--) pp i ;5 .'_61?TH 1 1 � MAY 3 0 1979 AMENDED FINANCIAL FEASIBILITY REPORT Prepared by BOSWORTH--SULLIVAN May 29 , 1979 Donald J. Wheeler Vice President Public Finance Department 950 Seventeenth Street Denver, Colorado 80202 EXHIBIT "C" BOSWORE1-I SULLIVAN DIVISION OF DAIN,KALMAN G QUAIL,INC MEMBER NEW YORK STOCK EXCHANGE May 30, 1979 Committee for Organization Proposed Northmoor Acres Metropolitan District Weld County, Colorado Ladies and Gentlemen: • Enclosed herewith are the following items pertaining to the financial feasibility of the proposed $180,000 water system: Table No. 1 - Estimated Application of Bond Proceeds Table No. 2 - Estimated Income and Expenditures of the Water System Table No. 3 - Estimated Expenses of the Water System Table No. 4 - Estimated Revenue of the Water System Table No. 5 - Bond Interest Payments The financial tables attached hereto set forth the various expectations and assumptions for payment of the District' s estimated financial obligations. Based upon information currently available, they demonstrate the general financial feasibility of the proposed District operations. This study contemplates the issuance of general obligation bonds and the utilization of a tap fee, service charge, and standby charge for the repayment of bonds and operating/maintenance of the system. Although a mill levy was not utilized in the projections we would suggest that the District impose a token levy (under one mill ) on the land owners . The maximum net effective interest rate on the bonds issued will be ten (1C%) percent and the maximum discount from par will be five (5%) percent. Municipal bond financing is feasible for the program set forth in this service plan pro- viding a favorable response is received from the' questionnaire as discussed abotie. Sincerely, BOSWORTH SULLIVAN Donald J. Wheeler Vice President Public Finance Department GJW/jmh D950 SEVENTEENTH STREET ENVER, COLORADO 80202 TELEPHONE: 303/534-1177 TABLE NO. 1 Northmoor Acres Estimated Application of Bond Proceeds $215,000 Issue Construction and Engineering $180,000 Capitalized Interest 15,275 Cost of Issuing Bonds (Bond Attorney, printing, etc. ) 6,000 Estimated Legal Fees 3,000 Estimated Bond Discount 8,000 Reserve Fund* 25,000* Contingency 2,725 Total $240 ,000* *It is anticipated that the District issue general obligation bonds. The intention is that the majority of operation, maintenance and debt service costs would be funded from rates and charges of the system. If, however, the rates and charges were insufficient to meet costs, the District would have the ability to levy a general ad valorem tax to provide for these payments. Because the intention is to pay the expenses of the system with revenues of the system it is recommended that the District establish a reserve fund from bond proceeds in an amount equal to one year' s principal and interest ($25,000) . The reserve fund can be invested at a rate at least equal to the rate of the bonds thereby not increasing the estimated charges to the users. Because the interest earnings of the reserve fund should at least equal the interest cost, the projected debt service requirements are based on a par amount of $215,000 not $240,000. • 9 c O 0 a > 0 ^N n 0 M f b N e n 0 N Y N_m 0_M_ d E• d L E 6' >- > 0 W M n N b 0 Y N O m b N en N f O n N O N d d F•YNNMbN10n _ nNPO 3 N 00oX 0 _ gi W V Wl I » a{i C W .Y W C_ CW O d d_^ 1 d m O N m CO N 0�p n N 0 0 f g p CO 0 b CO 0 L.c Y J _ J O m O M O� 0__N N 0 0 0_P O_ W • C Cc M o 0 N o f tD_n o M m_f O f Y O rn d N C > 0 > 0 m O 0 CJ_0 0 f N N_O f f M N N M N 0 C L A L f d NMNMMMMMMMMMMM MMMMM Z C N C L = J O U N d C L j T d O O N O O P 9_ d 9 20 =d J ^O_N O I y 0 0 d.N. . . .000000000000000 O ,V yyL > M P 0 M_ 20 2 I t 9 N 0 O y N L J f d C_N d d O O O O O N t0 O ^b O f c 0 0_P 0 W 1>y,N • J 0 0 0 b m M O N n d > dsw d b_bfJNfm_nOM00_YOf Y O y y _ L LW. > N N N_ P N O f N N_o m N n m m n m 2 c t r A M N C' H N N N M M M M M M M O O N 0,m 0 W J 000000 n 00, w W = u d c 000000 E N F` > 00000000000000000000 0 o N N M o e o 0 o e o 0 0 0 0 0 0 0 1" « N Q O d d Od aY el f f M 0 C d M C N _.C a y Y_y 9 J C WEWE m AC re O d i d d L N 3 «0• P C U J C'LlA J r d L L C C3000L N G 3 O N a 0 E,y L 0 21 i N 9 w o.d+a y" r N U L o m m m o o o N O N M O m^N N v Q = M_ J N m P M N M N N ON N?,O 0 O n S VI y • - A«y N•N n f N M P•_Y 0 m O M N M N O 0 M n y C y y O i o ^E ow _mm.O.Oof�IMN__ppcc'MN_ m idoy6 Z O Z C »NN NMASMMM MM M IIn MmM 93MCfiU.1 E ^ J .c W W QyPydcdi3 m 3 N 2 uY o,"1 “ Q i c � N 9LCaAw r O W d'^c N M I O M N O N 0 N 0 N 0 0 N M 0 0 0 b c y_ L c Z O N 0 n O_N N 1 ,=.1.,N n 00r.._NON 0 L0 qE '- OW O N N_N P_Y b m 0 M_P CO b_N F f A 9 A C y L . 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Od' .Y CO P 6 5d5 d 3 N O S O N O N N N N N N N N N N N N N N N N C C = Cu,y.� '0 M W- « L T N m m O m m m m m m m m m 0 0 O m W _ 0 0 -E Y C M 0 N N n n n n n n n n n n n n n n n N O_ A F « ^ d _N N N N N N N N N N N N N N N N y NN L y3C M ue 0 C__ P0w 0 re y n W = O >, d d P 41 •_4,L d A`J C L Y C U 0 d0 d . 6 O'AO> L O CU d L A L L 100 y P . ca, 00000000000•000000000 ._ u ^^^NNNNNNNNNNNNNNNN N _ P P M n n n n n n n,,,„,_,....,r„,,,, C .>9 N M 0 •J C C O O E L N__ L G.d, N4L W1T 400 E y M M M M C n f f • 0 >CY� N . 2 d O O 0 O 2 2 2 d9T0 = = 2 Z { d ^y«�NL d d d d N d d d C M _ _ G d A o N N o oC o o g O o gp O o 0 0 0 O g 0 0 Z L= LC o= y L G L 0 o L G N C 0 0 M_N 0N N N N 0%N N01 N 01N N P P A H CO Y O O_NNNNNNNNNNNNNNNN N F d y O C y y p H i� y H 9 C 2 L« 6 60 CyE d d d d N d d d wmw d % M F yi y d C0 0 N N N 0 N N �!W q L_ Cru fi a a _ Ad3coc in y N � N L N M Y N 0i n 0 P W00 U °0000000000000Q00000 0 0 0 0 0 0 0 0 0 0 0 0 Q 0 0 0 0 0 — W N N ly y W d L 220000020000000000 W .U, W W W W W W F N LC_ G_ H H H N I. �" - 0 O U f e f N N N N N N N N N N N N N in N N N O 2 W Ow y Y Z 2 2 2 2 2 0 a W L 0_N M M.N 0 n 0C.10 N M O N 0 N-0 01 0 O 0 0 m 0 0 0 0 0 P P P P P0 P P P P P 01 010101001010101010101010101010101 • TABLE NO. 3 Northmoor Acres Estimated Expenses of the Water System Total Expense Paying Billing Water Other Than Debt Year Electricity Maintenance Agent & Misc. Rental Debt Service Service Total 1980 $4,195 $1 ,000 $250 $500 $-0- $ 5,945 $15,275 $21 ,220* 1981 4,470 1 ,065 250 500 340 6,625 21 ,663 28,288 1982 4,760 1 ,135 250 500 875 7,520 21 ,275 28,795 1983 5,070 1 ,210 250 500 1 ,520 8,550 20,888 29,438 1984 5,400 1 ,290 250 500 2,285 9,725 20,500 30,225 1985 5,400 1 ,290 250 500 2,785 10,225 20,113 30,338 1986 5,400 1 ,290 250 500 2,785 10,225 24,725 34,950 1987 5,400 1 ,290 250 500 2,785 10,225 23,950 34,175 1988 5,400 1 ,290 250 500 2,785 10,225 23,175 33,400 1989 5,400 1 ,290 250 500 2,785 10,225 22,400 32,625 1990 5,400 1 ,290 250 500 2,785 10,225 21 ,675 31 ,850 1991 5,400 1 ,290 250 500 2,785 10,225 20,850 31 ,075 1992 5,400 1 ,290 250 500 2,785 10,225 20,075 30,300 1993 5,400 1 ,290 250 500 2,785 10,225 24,300 34,525 1994 5,400 1 ,290 250 . 500 2,785 10,225 23,138 33,363 1995 5,400 1 ,290 250 500 2,785 10,225 21 ,975 32,200 1996 5,400 1 ,290 250 500 2,785 10,225 20,813 31 ,038 1997 5,400 1 ,290 250 500 2,785 10,225 24,650 34,875 1998 5,400 1 ,290 250 500 2,785 10,225 23,100 33,325 1999 5,400 1 ,290 250 500 2,785 10,225 21 ,550 31 ,775 NOTE 1 NOTE 2 NOTE 3 NOTE 4 NOTE 5 NOTE 6 NOTE 1 - The electrical expenses of the system are based on estimates by Public Service Co. of Colorado of the costs to operate one 30 horse power and two 25 horse power pumps. PSC estimates the electrical expense to operate these pumps for 1978 to be $3,695.67. The Company also sug- gests allowing for increases in these expenses at the rate of 6≥% annually for the first 5 years. It should be noted that while PSC anticipates increases after 5 years, it is impossible to estimate the rate of the increase. For the purpose of this analysis, the electrical expense remains constant from 1984 through 1999. Any increase or decrease in this expense could be reflected in the charges or mill levy. NOTE 2 - While this type of system is somewhat unique, H & S Irrigation Co. estimates that the maintenance cost should not exceed $1 ,000 annually. As with the electrical cost, an inflation factor of 6=% was used for the years 1980 through 1984 with no provision for increase after 1984. NOTE 3 - The estimated annual paying agent fee is based on current fees for bond issues of this type being charged by paying agents in the area. NOTE 4 - The District will incur various miscellaneous expenses associated with the operation of the systems, i .e. , billing, postage, legal , etc. NOTE 5 - Water rental amounts are based on estimates of the consulting engineer. A 10% infla- tion factor was used for years 1981 through 1985. NOTE 6 - See Table No. 5 *The 1980 interest cost of $15,275 will be payable from bond proceeds ($15,275 capitalized interest) . The net estimated expenses for 1980 is $5,945. Any increase or decrease in the estimated expenses to be incurred by the District in the operation of the system will be passed on to the residents of the District in the form of fees as shown on Table No. 4. TABLE NO. 4 Northmoor Acres Estimated Revenue of the Water System Standby Fee Per Month Service Fee Annual Per Lot/For Lots Annual New Total Tap Tap Fee Per Month Service Fee Not Tapped Standby Fee Total Year Taps Taps Fee Revenue Per Tap Revenue on System Revenue Revenue 1980 45 45 $100/T $4,500 $10.00 $ 2,750 $ 5.00 $2,130 $ 9,330' 1981 20 65 200/T 4,000 20.00 15,600 15.00 9,180 28,780 1982 15 80 200/T 3,000 21 .00 20,160 16.00 6,912 30,072 1983 15 95 300/T 4,500 19.00 21 ,660 14.00 3,528 29,688 1984 15 110 300/T 4,500 19.00 25,080 - 1 ,008 30,588 1985 6 116 300/T 1 ,800 21 .00 29,232 - - 31 ,032 1986 - - - - 25.50 35,496 - - 35,496 1987 - - - - 25.00 34,800 - - 34,800 1988 - - - - 24.50 34,104 - - 34,104 1989 - - - - 23.50 32,712 - - 32,712 1990 - - - - 23.00 32,016 - - 32,016 1991 - - - - 22.50 31 ,320 - - 31 ,320 1992 - - - - 22.00 30,674 - - 30,624 1993 - - - - 25.00 34,800 - - 34,800 1994 - - - - 24.50 34,104 - - 34,104 1995 - - - - 24.00 33,408 - - 33,408 1996 - - - - 23.00 32,016 - - 32,016 1997 - - - - 25.50 35,496 - - 35,496 1998 - - - - 24.00 33,408 - - 33,408 1999 - - - - 23.00 32,016 - - 32,016 NOTE 1 NOTE 2 NOTE 1 - The estimated new taps issued per year was provided by the Northmoor Acres Homeowners Association. NOTE 2 - Does not take into account non-payment of fees. *1980 Annual service fee and standby fee revenue is calculated for a six month period. TABLE NO. 5 Northmoor Acres BOND INTEREST PAYMENTS START DOSE: 1/01/80 '215,000 • COUPON YEARLY DATE PAII:CIP?L RATE INTEREST PAY1t;T PAY1INT 6/01/80 6,942.71 6,942.71 12/01/80 6,331.25 8,331.25 15,273.96 6/01/51 8,331.25 8,331.25 12/01/81 5,000 7.750% 8,331.25 13,331.25 21,662.50 6/01/82 8,137.50 8,137.50 12/01/62 5,000 7.750% 8,137.50 13, 137.50 21,275.00 6/01/63 7,943.75 7,943.75 12/01/83 5,000 7.750% 7,943.75 12,943.75 20,887.50 6/01/84 7,750.00 7,750.00 12/01/84 5,000 7.750% 7,750.00 12,750.00 20,500.00 6/01/85 7,556.25 7,556.25 12/01/85 5,000 7.750% 7,556.25 12,556.25 20,112.30 6/01/86 7,362.50 7,362.50 12/01/86 10,000 7.750% 7,362.50 17, 362.50 24,725.00 6/01/87 6,975.00 6,975.00 12/01/87 10,000 1 .750: 6,975.00 16,975.00 23,950.00 6/01/8E 6,587.50 6,587.50 12/01/88 16,000 7.750% 6,587.50 16,587.50 23,175.00 6/01/89 6,200.00 6,200.00 12/01/89 10,000 7.750% 6,200.00 16,200.00 22,400.00 2/01/9 5,812.50 5,612.50 12/01/90 10,000 7.750% 5,812.50 15,612.50 21,625.00 6/01/91 5,425.00 5,425.00 12/01/91 10,000 7.750% 5,425.00 15,425.00 20,850.00 6/01/92 5,037.50 5,037.50 12/01/92 10,000 7.750% 5,037.50 15,037.50 20,075.00 6/01/9 15,000 7.750% ' 4,650.00 0 , 00 0 12/01/93 19,650.00 24,300.00 6/01/94 4,068.75 4,068.75 12/01/94 15,000 7.750% 4,068. 75 19,068.75 23, 127. 50 6/01/95 3,487.50 3,487.50 12/01/95 15,000 7.750% 3,487.50 18,487.50 21,975.00 6/01/96 2,906.25 2,906.25 12/01/96 15,000 7.750% 2,906.25 17,906.25 20,512.50 6/01/97 2,325.00 2,325.00 12/01/97 20,000 7.750% 2,325.00 22,325.00 24,650.00 6/01/98 1,550.00 1,550.00 12/01/98 20,000 7.750% 1,550.00 21,550.00 23,100.00 6/01/99 775.00 775.00 12/01/99 20,000 7.750% /75.00 20,775.00 21,550.00 TOTALS 215,000 z21,036.46 436,036.46 The coupon rate of 7.75% is based on current market conditions. The actual rate may be more or less than 7.75% based on conditions at time of issuance. ' G$IK TY vem?"4 FR STEINMARK Be LAWRENCE ATTORNEYS AND COUNSELORS AT LAW r,'`,`V 25 `3 I; 1 13 '. n: SUITE 600,GREELEY NATIONAL PLAZA 'ep` POST OFFICE BOX 1955 anat. cola GREELEY COLORADO 80092 ALVIN L.STEINMARK TELEPHONE 366-6466 KIM R.LAWRENCE AREA CODE 303 May 25, 1979 Clerk, Board of County Commissioners City of Greeley Greeley, Colorado 80631 Re: Northmoor Acres Service Plan Dear Clerk: Please find enclosed four copies of an Irrigation Study for Northmoor Acres Homeowners Association prepared by Resource Consultant, Inc. to be delivered to the County Commissioners . Please also find enclosed four copies of the Attorney' s Present- ation and Petitions requesting approval of the Service Plan. Please note that there are 77 persons requesting approval and 6 persons opposing approval . I would appreciate it if you would bring these documents to the attention of the County Commissioner and Planning staff as soon as possible since the hearing is scheduled in this matter on May 30, 1979 , at 2 :00 p.m. Sincerely, � ��� �����CitKim R. Lawrence KRL/sc cc :Doug Murray C- (2 N_.412.-,.mow-� IRRIGATION STUDY NORTHMOOR ACRES HOMEOWNERS ASSOCIATION Resource Consultants, Inc. P. O. Box Q Fort Collins, Colorado 80522 _ Ref: 919 May 1979 IRRIGATION STUDY -- --- -' -" NORTHMOOR ACRES HOMEOWNERS ASSOCIATION Job Description On March 20, 1979, this company, Resource Consultants, Inc. , was employed to investigate the feasibility of incorporating an irrigation system into the Northmoor Acres Subdivision. At a meeting among two members of the Homeowners Association, Suzie Ruof and Jeannie Glanz; the legal adviser, Kim R. Lawrence; and the Engineer, the project was outlined. The following requirements were established: I. Existing water rights should be analyzed. A. As to maximum yield B. As to minimum yield C. As to average yield II. Irrigation requirement should be established. A. The size lots should be determined. B. The area each lot would irrigate should be established. C. The average size home, drive, and garage should be established. D. Type and area of typical crops should be determined. III. A quantified water analysis should be made. It should be determined if enough water is available, and, if not, how much additional water is needed. IV. Cost figures for the system should be supplied. The value of water owned by Northmoor Acres and costs of additional water should be estimated. A plat of Northmoor Acres is shown in Fig. 1. _1_ RESOURCE CONSULTANTS INC Fig. 1. NORTHMOOR ACRES 6s /4 sq sq.ft. 5 6q.ft T 4 6sq ft 5 7q689 .ft. /5 it s78q.ft 823534 & 8 / 74741 `;6078 17 '36078 s K 3 aq NORTH 50530 BLOC( 248,0 54 40sq.ft. /6 3.921______t en 9 /2 63410 61853 ,.• sq.ft. 2 4 7 3 �Ji 6S sq.ft. o 2 /7 50300sq.ft. A 49529sq.ft. 2 54401 "f. /0 II &' 73329 / o 8 / 8227 scot 3103sqlt 55412 ,r sq.}t. �49629sgft. 45149sgft q6f 4 sq.ft. s4 ft. h /8 61514 NORTH MOOR DRNE sq.ft. 4580Q I— /9 254 • U 8 961 81553 sq.ft. 9 /0 // /2 / 1 sq.ft 9 / 49763 50300 58070 45797 54303 3 ii 7 704 /0 sg1f. sgftgL CK I p Kitt 52488agft.sq.ft. 58384sq. Z 49601sgft. 544sgft. 8 7 6 5 ,a 6 // 2/ 49763 50300 50210 51389 52795sq.ft. sq.ft. sq.ft sq.ft. sq.ft. 4877 5 Ott /2 50300sq.ft. aq.ff. 22 BRITTLE: • 54052 sq.t t.\52100sq.ft. 5030084.f t. / 2 3 4 /6 /5 /4 /3 23 49763 50300 50210 51390 59105 48397 50300 50166 w 50300sq.ft. sq.ft sq.ft. sq.ft sq.ft sq.ft sq.ft. sq.ft. sq.ft. )— to E 24 / 2 • 3 MESGUITE CT 5030Osq.it. 55759 56282 66867- sq.ft. . sq.ft sq.ft: /7 /8 /90 20 25 102630 sq.ft. 59105 48397 5031e 50166 te o"50166 sq.ft. / 5 sq.ft. sq.ft sq.ft. sq.ft o /9 /8 77 Ip 59288sq.ft 25 24 2re 1 55498 55759 66127 � 6 5 29 59 97 105 Q0, Z50166 sq.ft. sq.ft, '--Aq.ft. sq.ft Z�59288sgit 0. Z sq.ft. sq.ft_ 2 /3 /4 /5 /6 723 54 22 50300eq.ft. 75710 52013. 51055 45566 81460sgft. Ofbp7�sgft. 5202 3 Cr sq.ft. sq.ft. sq.ft. sq.ft 26 27 CD 55898 sq.ft 8 67268 55865 SAGUARO CT. j 60290sgft sgft• sq.ft 29 4 /2 // /0 9 p - 9 61130 65808 sq.ft. 29.. $50821 q.ft. 77365 52710 50314 53233 60290sq.ft. 53240 BLOCK 4 sq.ft. sq.ft. sq.ft. sq.ft. BLOCK 2 /0 60290 sq.ft 569099 6 7 2sq.tT. 58991 50160 5 6 7 8 sq.ft sq.ft. 8 78193sgit. 52710 50314 53233 la // 5/ 1411 sq.ft. sq.ft. sq.ft. Ict 60290sgft. 50300aq.tt l sq.ft.' J SAGE CT. YUCCA CT. /2 51514 4 3 2 / 74751 sq.ft. 503000sgit // /0 sg9ft. 78498sgft 52710 50314 52710 /3 35 56505 sq.ft. sq.ft. sq.ft. 74272sq.ft. 49838sq.ft "'ft. 48489 Jsq.ft. 1 —2— I. Existing Water Rights Northmoor Acres owns the following water rights : A. Ish Reservoir (Certificate 616) - 11 shares of capital stock. B. Supply Irrigating Ditch Company (Certificate 1880) - 5 shares of capital stock. Below is the analysis of these rights: A. Ish Reservoir (see Fig. 2) This reservoir has a capacity of 7,061 acre-feet when full at gage height of 36 feet. Two companies own water in this reservoir. The Old Ish Reservoir Company owns the first right up to gage height of 21 feet which represents 2470 acre-feet. The New Ish Reservoir Company owns all water between gage heights 21 to 36 which represents 4591 acre-feet. If the reservoir does not fill up during the non-irrigating months to a gage height of 21 feet, the New Ish Reservoir Company has stored no water at all; thus the plan is never activated for that year. On Fig. 2, note the Ish Reservoir,which is stippled. Water is released from this reservoir about July or August when Ish surface water is no longer available. The water proceeds to the Mead Lateral (Highland Ditch) , then into Farmers Extension to Bunyon Lateral, and thus to Northmoor Acres. The following figures are taken from the records: -3- RESOURCE CONSULTANTS INC Gage Total New Ish Northmoorl' Water available' Year rod storage storage storage at headgate (ac-ft) (ac-ft) (ac-ft) (ac-ft) 1934 13.4 1297 0 0 0 1935 Records unavailable 1936 9.2 701 0 0 0 1937 13.5 1200 0 0 0 1938 35 7281 4811 88.2 79.4 1939 33 6543 4073 74.6 67.1 1940 7 267 0 0 0 1941 31 5827 3357 61.5 55.4 1942 35.2 7309 4839 88.7 79.8 1943 35.2 7309 4839 88.7 79.8 1944 35.0 7295 4825 88.5 79.6 1945 35.0 7280 4810 88.2 79.4 1946 15.8 1732 0 0 0 1947 35.2 7342 4872 89.3 80.4 1948 34.9 7250 4780 87.6 78.8 1949 33.4 6655 4185 76.7 69.0 1950 15.3 1635 0 0 0 1951 35 7344 4874 89.4 80.5 1952 35.9 7024 4554 83.5 75.2 1953 26.5 3905 1435 26.3 23.7 1954 22.95 2936 466 8.5 7.6 1955 11.4 760 0 0 0 1956 6 255 0 0 0 1957 36 7061 4591 84.1 75.7 1958 36 7061 4591 84.1 75.7 1959 35.5 6877 4407 80.8 72.7 1960 35.4 6840 4370 80.1 72.1 1961 36.0 7061 4591 84.2 75.8 1962 34.6 6549 4078 74.8 67.3 1963 29.8 4907 2434 44.6 40.1 1964 27.0 4050 1580 29.0 26.1 1965 32.8 5910 3440 63.0 56.7 1966 30.0 4971 2501 45.8 41.2 1967 34.5 6512 4042 74.1 - 66.7 1968 32.9 5945 3475 63.7 57.3 1969 34.9 6657 4187 76.7 69.0 1970 35.8 6987 4517 82 .8 74.5 1971 35.5 6877 4407 80.8 72.7 1972 27.6 4229 1759 32.2 29.0 1973 35.1 6730 4260 78.1 70.3 1974 24.7 3403 933 17.1 15.4 1975 23.2 3004 534 9.8 8.8 1976 17.5 1736 0 0 0 Total 2225.5 ac-ft 2002.8 ac-ft Average 53.0 ac-ft 47.7 ac-ft l/Northmmor Acres owns 11 of 600 shares, or 1.833% of the storage. 1/Using a 10% shrink factor. -5 RESOURCE CONSULTANTS INC The amounts shown in the last column are theoretical amounts. An ele- ment that is neglected is the workability of the system. Consider these facts: 1. During the average year at Ish Reservoir 41" of water evaporates. This figure multiplied by the average surface area gives a significant loss. 2. Whereas the figures in the last column are 100% effective, a more realistic effectiveness is 80% to 85%. Problems concerned in this area are: (a) the inability to transport small quantities of water as effec- tively as large quantities, and (b) having more water than is needed at some times and less than is needed at other times. B. Supply Irrigating Ditch Company Northmoor Acres does own water rights in the Supply Irrigating Ditch Company. This ditch picks up water from the St. Vrain River and delivers it into the Little Thompson drainage area. Out of a total of 400 rights, Northmoor Acres owns 5, or 1.25% of the water. In addition to the surface right depicted in the diversion records below, Northmoor Acres, by virtue of owning shares in the Supply Ditch, does also have storage in Beaver Park Reservoir. In the very early years, the Supply Irrigating Company owned the entire reservoir. In the flood of 1893, the reservoir was washed out and this virtually bankrupted the company. The Highland Irrigation Company rebuilt the reservoir for one-half interest. The total storage is 2,161 acre-feet. There is dead storage in the reservoir of 685 acre-feet giving a usable storage of 2161 - 685 = 1486 acre-feet. Thus, the Supply Irrigating Company owns 743 acre-feet of storage water when the reservoir is full. This is 1.86 acre-feet per share. Note on Fig. 2, a label "Private Transfer Ditch." This ditch is 1700 feet long and is well plugged with grass, debris, and is bordered for a short way with trees. There is a huge ditch loss of water in this section. All quantitative amounts are based on an unconfirmed ditch loss of 60%. 6- RESOURCE CONSULTANTS I;iC Below are quantities derived from the ditch rider's records: Northmoor's portion Northmoorl' At Subdivision— (x 0.0125) (x .40) (x .81) Year Diversions at river existing upgraded (ac-ft) (ac-ft) (ac-ft) (ac-ft) 1950 4434 55 22 45 1951 9594 120 48 97 1952 6638 83 33 67 1953 4588 57 23 46 1954 85 1 0 1 1955 1698 21 8 17 1956 5770 72 29 58 1957 9484 118 47 96 1958 2440 30 12 24 1959 5920 74 30 60 1960 6810 85 34 69 1961 4430 55 22 46 1962 4670 58 23 47 1963 3700 46 18 37 1964 2396 30 12 24 1965 7660 96 39 78 1966 1904 24 10 19 1967 4334 54 22 44 1968 4258 53 21 43 1969 6550 81 32 66 1970 6998 87 35 70 1971 3212 40 16 32 1972 1036 13 5 11 1973 6290 79 32 64 1974 3197 40 16 32 1975 6251 78 31 63 1976 1543 19 8 15 Total 1569 628 1271 Average ' 58 23 47 l/The 40% figure at the head of this column is a judgment call by a ditch rider. Whereas this may be off by a large amount, there is certainly no better data. This could be measured at a later date; however, this Engineer has looked at the portion of the ditch that claims this huge loss and he concurs that regardless, this section should be cleared. 'This 81% figure is assuming two 10% losses on the combination of three ditches. _7_ RESOURCE CONSULTANTS INC Below are the records of the Beaver Park Reservoir: Northmoor Northmoor storage 2� Total Total usable storage 1� at gate — Year storage storage at reservoir— No imp. Imp. (ac-ft) (ac-ft) (ac-ft) (40%) (81%) (ac-ft) 1967 2165 1480 9.25 3.7 7.5 1968 2162 1477 9.23 3.7 7.5 1969 2162 1477 9.23 3.7 7.5 1970 2162 1477 9.23 3.7 7.5 1971 2161 1476 9.22 3.7 7.5 1972 2161 1476 9.22 3.7 7.5 1973 2161 1476 9.22 3.7 7.5 1974 1935 1250 7.82 3.1 6.3 1975 2161 1476 9.22 3.7 7.5 1976 2161 1476 9.22 3.7 7.5 1977 2139 1454 9.09 3.6 7.4 1978 2161 1476 9.22 3.7 7.5 Total 43.7 88.70 ac-fr Average 3.64 7.39 ac-fr: l'See footnote on page 7. ?'See footnote on page 7. Summary of water rights Following is a summary of the water rights: Ish Reservoir Minimum water available 0 ac-ft *Average water available (calculated) = 47.7 ac-ft Average water available (actual) (x .82) = 39.1 ac-ft *Maximum water available (calculated) = 80.5 ac-ft Maximum water available (actual) (x .82) = 66.0 ac-ft Supply Irrigating Co. Ditch water *Minimum water available (existing) = 0 ac-ft Minimum water available (improved) = 1 ac-ft *Average water available (existing) = 23 ac-ft Average water available (improved) = 47 ac-ft *Maximum water available (existing) = 48 ac-ft Maximum water available (improved) = 97 ac-ft $_ RESOURCE CONSULTANTS INC Beaver Park Reservoir Minimum water available = 6.3 ac-ft Average water available = 7.4 ac-ft Maximum water available = 7.5 ac-ft • *Items noted with an asterisk above are eliminated from the summary comparison below. The calculated quantity at Ish Reservoir has a yield of 80.5 ac-ft; however, in the administration of these rights, only 66 ac-ft is available. The latter figure is all that is available unless the Ish Reservoir Company decides otherwise. The average computed quantity of water per year is 47 acre-feet, with a maximum of 97 acre-feet. The Supply Irrigating Ditch Company claims 65.5 acre-feet is available at the river. The ditch loss used above (81%) would give 54 acre-feet compared to the calculated 47 acre-feet. This discrepancy is unexplainable. The calculated Beaver Park Reservoir quantities come out to be the same as the company declares. Total yield Minimum Average Maximum (ac-ft) (ac-ft) (ac-ft) Ish Reservoir 0 39.1 66.0 Supply Irrigating Ditch Co. 0 47.0 97.0 Beaver Park Reservoir 6.3 7.4 7.5 Total 6.3 93.5 170.5 ac-ft II. Irrigation Requirement Several assumptions were made in establishing the irrigation require- ment. 1. The actual acreage owned by the individual was used, less the 3700 square feet, which was termed adequate for the house, drive, barn, and garage areas. The square-foot areas are shown on Fig. 1. 2. Five of the 120 lots were omitted, since there are oil and gas leases which prevent building at these five locations. 3. All area in the roadway easement was omitted. -9- RESOURCE CONSULTANTS INC 4. The greenbelt area is treated separately so the client can omit or add this item as he wishes. 5. Of the remaining area, 1/2 was judged to be pasture, 1/4 lawn, and 1/4 garden. Very little variation occurs if the percentages are changed. 6. The amount of water a plant uses is called the "consumptive use." The amount of rainfall a plant uses is called "effective precipitation." The "irrigation requirement" is the amount of water the plant needs over and above the effective precipitation. The amounts of both rainfall and effective precipitation are shown below. Rainfall Effective precipitation (ft.) (ft.) Maximum 1.59 0.86 Average 1.01 0.54 Minimum 0.56 0.19 7. Listed here are the irrigation requirement figures for years 1951 through 1976: Year Irrigation requirement (ft.) 1951 1.38 1952 1.90 1953 1.90 1954 2.10 1955 1.81 1956 1.86 1957 1.58 1958 1.76 1959 1.76 1960 1.89 1961 1.24 1962 1.71 1963 1.81 1964 1.98 1965 1.33 1966 1.83 1967 1.46 1968 1.89 1969 1.70 1970 1.72 1971 1.74 1972 1.82 1973 1.90 1974 1.92 1975 1.58 1976 1.73 45.30/26 = 1.74 ft. average -10- Irrigation Application requirement by sprinkling (ft.) (80%) (ft.) Maximum 2.10 2.63 Average 1.74 . 2.18 Minimum 1.24 1.55 8. Applying items 1 through 4 above., the irrigated acres are: Without greenbelt 151.5 ac. Including greenbelt - - 183.5 ac. 9. Total applications: Without With greenbelt greenbeltl/ (ac-ft) (ac-f t) Maximum 398.5 482.6 Average 330.3 400.0 Minimum 234.8 284.4 l/ Since this is not feasible, it will not be considered further. III. Water Analysis--Yield and Demand Demand Shortage Yield (ac-ft) (ac-ft) (ac-ft) 100% 80% 100% 80% Minimum 6.3 398.5 318.8 392.2 385.9 Average 93.5 330.3 264.2 236.8 143.3 Maximum 170.5 234.8 187.8 64.3 123.5 Comments 1. The rights owned by Northmoor Acres are not dependable rights. The Old Ish Reservoir Company must satisfy 100% of their right in Ish Reservoir prior to your right starting to fill. The year 1954 was dry for surface supply. Four years out of 27 yielded almost no water. Your rights in Beaver Park Reservoir are very dependable, but unfortunately they account for only 7.5 acre-feet per year. These dependabilities should be accepted by each user. -11- RESOURCE CONSULTANTS INC 2. These demand figures given above are a result of a reliable com- putation method called the Blaney-Criddle Method. This Engineer believes there will be very little loss of income if only 80% of the water (arrived at by the computation) is received. An irregular supply can leave the owners with a 100% loss on their garden, but the lawn and pasture become dormant and probably would not die. Thus a 50% shortage of water may not drastically affect the user. 3. According to one homeowner in Northmoor Acres, about 40 acre-feet of water is available (on the average) from runoff. If this water is stored, it can be used when no call is on the river. If there is a call on the river, this water may have to be released. IV. Costs Following are preliminary cost figures for the above project: 1. Improvement of transfer ditch = $ 12,5001/ 2. Two ponds @ $12,000 = 24,000 3. Irrigation system = 125,000 4, Electrical facilities (2400 ft. of 3 ph line) = 18,500 $180,000 1/Subtract: $500 for cutting small trees yourself. $5,000 if you can get the County to move dirt. $1,650 if you put pipeline in yourself. Use: $8,500 if new location is used. This plan is 120 acre-feet short of a reliable amount of water. This amount of water can be rented today for $5 to $12/acre-foot, or $600 to $1,440 a season. This same water, if available to buy, would cost $1,000 to $2,000/acre-foot, for a total of $120,000 to $240,000. It seems reason- able to rent water for the near future; but in about 20 years, it is very doubtful that water will be available to rent. -12- RESOURCE CONSULTANTS INC Four plans will be discussed: 1. Keep only the water you get and divide it equally among the 115 lots. • 2. Limit the number of users to 47 which would be the limit of water available for 100% effectiveness. 3. Rent water to have 100% irrigation effectiveness. 4. Buy and rent water according to a plan to be developed. Plan No. 1 Average amount of water available - 93.5 ac-ft. Total cost - - - - $180,000 Number of lots - - 116 Ac-ft per lot- - - 0.81 Cost per lot - - - $1,552 *Interest 12% *Pay period - - - - 20 yr. Monthly assessment, payment on principal - - $17.08 **Electrical cost per month $1.10 Assessments $1730/115 x 12 = $1.25 Total cost per month--irrigation $19.43 Total equivalent cost through water main - - $14.82 Plan No. 2 Average amount of water available - 93.5 ac-ft. Total cost - - - - $150,000 Number of lots - - 47 Ac-ft per lot- - - 2 Cost per lot - - - $3,191.49 *Interest 12% , pay period - 20 yr. Monthly assessment, payment on principal - - $35.14 **Electrical cost per month $1.10 Assessments $1943/47 x 12 = $3.45 Total cost per month--irrigation $38.69 Total equivalent cost through water main - - $38.28 -13- RESOURCE CONSULTANTS INC Plan No. 3 Average amount of water available - 265 ac-ft. Total cost - - - - $180,000 Number of lots - - 116 Ac-ft per lot- - - 264/116 = 2.28 Cost per lot - - - $1,552 *Interest 12% *Pay period - - - -20 yr. Monthly assessment payment on principal - - $17.08 **Electrical cost per month $1.10 Rental cost per month (190 ac-ft) $1,64 Assessments $2.00 Total cost per month--irrigation $21.82 Total equivalent cost through water main- - $43.67 * Assumed, not confirmed. **From Mr. and Mrs. William Milner's report. Plan No. 4 This plan sets a monthly charge at, say, $35/month. Referring to Plan No. 3, this will give you an excess of $18,263. This should buy 9 to 10 acre-feet of additional water rights, thus lowering the rental require- ment to 180 acre-feet. The next year you should be able to buy 10 to 11 acre-feet, again lowering the rental requirement by about 20 acre-feet, etc. Comments Plan No. 1 requires more investment than does using the present system. Plan No. 2 is a break-even plan. It has a very good option, which is that it would require only 47 users to augment the plan. This would give the dissenters the privilege of being omitted. (If you had a choice between a $75,000 home with no water or a $78,500 home with water, what would it be?) -14- RESOURCE CONSULTANTS INC Plan No. 3 has certainly tripped the financial balance toward instal- ling the system and renting water. Renting water at $12/acre-foot and buying water at $2,000/acre-foot seems incongruous. A normal payback period is 7 to 10 years. Keep in mind you are helping a water owner keep his water usage active. It is doubtful there will be any water to rent in about 20 years. The last plan addresses this problem. You could save money over irrigating through the water system. You could have your own water when rental water is gone. Costs would progressively decrease from $30 per month to $21.82 per month at the end of 16 to 20 years. At the end of 20 years, the cost would drop to $4.74/month. All the above is based on today's prices. Other considerations Be aware that the year after the system is complete, there may be 1 or 2 dry years. Opponents will be aware of their payments to pay for a dry system. Be aware that if Supply Ditch is running water and Mead Lateral is dry, the water cannot physically be transferred. The plan described herein does not reflect this. -15- RESOURCE CO1SULTpNTS INC Recommendations 1. It is recommended that you do not install the irrigation system if you run only the water you now own through it. 2. Running rental water through the irrigation system is very attractive; the only problem being that at times rental water will not be available. If you select this method, be sure you also accept the idea that in extremely dry years, there is a strong likelihood you will have no water at all. 3. This Engineer especially likes Plan No. 4 which increases your water holdings as the rental water decreases. At the end of 20 years the water will be economical, and the property will have increased in value more than its cost. 4. Plan No. 2 is especially attractive if there is a lot of opposi- tion to the system. It is highly probable that 47 landowners would want to invest in the total layout and own 100 percent of the water, and the others could remain under the present water system. -16- RESOURCE CONSULTN1TS INC • • t i i :• _ �.� • • . ._ .. ... _ �i_i�.-#I.I�Q•-li+!^TER..:...,._Vs. - RaWri►�rMaNva.y:..._.. ._ :. L ..•. . - -- «.._ _rls-i•-+:, • I-I.': _ _ •.•4,•.�.-ti+..w 1.}.-t.-t- ....7'_ ,fit _. •• • -+_.�•�._.� ....t..r.r._. ....i • _ • -_ -.-1-r-,_ aZ f I . R 1 --1--r ; • _. _• ..-•,pi •_.�....- .__-•-•_ • • • - _:�-._ -- --t t•a .. j t .� F J j + - 1---- f- .___,.._.�__, ----.----i--r4---1 ' f t , i• —. • t t - I- . • • 7 ' J i - _--f.-�._ ._..___. _ -.. -di ---+-'�•-1-- -....4-4.--.--:....- -.-_---.--i•-• ••-•••.-.4....4.-. 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" atoll saws; 4,I. 3ii7.I,tiTOYl+0 • ' 6. . - • .,µ4�.,:. •=At" ' A . ar:,u, 00w�priw: ' ,y,,, : ..:...,.H.... .. .. ,.-;.;.;. •..,: ' :,�: •-V:-''. 1sr,t�:•: ...• , �c •'mss;. 4 7 STAT£ OF CO+_OR4DO I ss COUNTY Or ',H Lil I`lee with Uu viler, of the board of County Coo mLsicn rr MAY311978 COUNTY CLERK AND RECORDER STATE OF COLORADO ) ity • Deputy ) ss. �) COUNTY OF WELD IN RE THE ORGANIZATION OF ) NORTHMOOR ACRES WATER DISTRICT, ) PETITION WELD COUNTY, COLORADO ) TO THE BOARD OF COMMISSIONERS OF THE COUNTY OF WELD, STATE OF COLORADO: The Petitioners and Proponents of the proposed NORTHMOOR ACRES WATER DISTRICT, Weld County, Colorado, by their attorney, Kim R. Lawrence, pursuant to the provisions of the "Special District Control Act" , Colorado Revised Statutes 1973, 32-1-201, et seq. , respectfully petition the Board of Commis- sioners of the County of Weld, State of Colorado, for a Resolution of Approval and certain other preliminary actions relating thereto, for said proposed District. In support of said Petition your petitioners state: 1. That on the ism day of , 1978 , there was filed with the Board of Commissioners of Wel County, a Service Plan for said proposed District, with additional copies for con- sideration by the County Planning Commission. 2 . That such Service Plan fully complies with the provisions of the "Special District Control Act" , as to all of the information required to be therein contained. 3. That petitioners have also accompanied said Service Plan with a processing fee as provided by law in the amount of $200. 00. 4. That petitioners have also submitted to the Board of Commissioners, a copy of the proposed form of Petition to the District Court for the organization of said proposed District. WHEREFORE, Petitioners pray that this Honorable Board will enter such orders as may be necessary or proper preliminary to and in connection with a Resolution of Approval of the Service Plan of said proposed District. 10.0)( t c. Kim R. Lawrence Attorney for the proposed NORTHMOOR ACRES WATER DISTRICT, Weld County, Colorado STEINMARK & LAWRENCE ATTORNEYS AND COUNSELORS AT LAW SUITE 500,GREELEY NATIONAL PLAZA POST OFFICE BOX 1955 GREELEY,COLORADO 80692 ALVIN L5TEINMARK TELEPHONE 356-6668 KIM R.LAWRENCE AREA CODE 303 'i JUN 1 1 1979 vELD COUNTY June 8 1979 A" TORNEY'S OFFICE Mr. Russell Anson County Attorney' s Office Greeley City Complex Greeley, CO 80631 Re: Northmoor Acres Homeowners Asso. Dear Rus: This letter is to request on behalf of the Association that the Court refund any amounts of the $200 processing fee which were not utilized to cover costs related to the hearing. Sincerely, e�ly, - Kim R. Lawrence KRL/sc pc:Doug Murray C 9 NORTHMOOR ACRES HOMEOWNERS ASSOCIATION ATTORNEY'S PRESENTATION TO WELD COUNTY COMMISSIONERS May 30 , 1979 The purpose of this written presentation is to briefly summarize the points that will be made at the May 30 , 1979 , hearing before the Weld County Commissioners in the attorney' s presentation for the Northmoor Acres Homeowners Association. 1. The Northmoor Acres Homeowners Association is seeking to form the Northmoor Acres Metropolitan District pursuant to Section 32-3-101, et seq. , C.R.S. 1973 , in order to provide the financing necessary and construct a system whereby 116 lots , of approximately one acre in size, may be provided irrigation water and possible fire protection. 2 . The Association presently owns certain water rights as set forth in the Service Plan which deliver on the average 93 . 5 acre feet. At present, only a few members are able to utilize the water rights owned by the Association as these members have direct access to the storage ponds . There is no means of delivering other lot owners their proportionate share and therefore they derive no benefit whatsoever from the Association' s water rights. 3. In order to form a metropolitan district, Section 32-3-105, C.R.S . 1973 requires that ten percent (10%) of the taxpaying electors of the proposed district file Petitions with the District Court requesting the Court order an election concerning the formation of the district. It is important to note that a mere ten percent of the taxpaying electors may request an election and that it is implicit that the right to an election is not one that should be summarily denied or one that should be pre-judged based on the number of persons in opposition or in support of the ultimate formation of the district. 4 . Immediately after any election in which the formation of the district is approved by a majority of taxpaying electors , the precise details of construction will be determined and bids will be taken to determine the exact cost of construction and financing of the project. The question of the bond, will be submitted to the electors of the electors of the water district for their approval. 5. Section 32-1-201, C.R.S . 1973 , the "Special District Control Act, " requires that any proposed special district file a Service Plan with the Board of County Commissioners in which the district is located. "32-1-204 . Filing of service plan. . . The service plan shall consist of a financial survey and a preliminary engineering or architectural survey showing how the proposed services are to be provided and financed. The service plan shall include a map of the proposed district boundaries and an estimate of the population and the valuation for assessment of the pro- posed district, and it shall describe the facilities to be constructed, the the standards of such construction, an estimate of costs , including the cost of acquiring land, engineering services, legal services, proposed indebtedness , including proposed maximum interest rates and discounts, and other major expenses related to the formation and operation of the district. . . . " (Emphasis added) It is important for the Commissioners to understand that the Service Plan is not the final plan which is binding on the proposed district. To use the words of the statute, its elements are "preliminary" and are mere "estimates" . To be sure the basic features of the Plan must remain the same for it to have any meaning but changes and variations in the Plan are clearly anticipated in the Special District Control Act. 6. The Special District Control Act does not require the County Commissioners to determine if the electors within the proposed district should be allowed to construct a project and float a bond. The question of whether the electors wish to form a district, wish to provide the proposed services and wish to pay the cost of those services is one only for the electors to decide. The review of the County Commisisioners is limited to certain areas as set forth in Section 32-1-205, C.R.S. 1973 . "32-1-205. Service plan critera. (1) The Board of County Commissioners may disapprove the service plan submitted by the petitioners of a proposed special district upon satisfactory evidence that: (a) There is insufficient existing and projected need for organized service in the area to be serviced by the proposed district; or (b) The existing service in the area to be served by the proposed district is adequate for present and projected needs; or (c) Adequate service is, or will be, available to the area through municipal annexation by other existing municipal or quasi-municipal corporations within a reasonable time and on a comparable basis; or (d) The proposed special district is incapable of providing economical and sufficient service to the area within its proposed boundaries; or (e) The area to be included in the proposed district does not have, or will not have, the financial ability to discharge the proposed indebtedness on a reasonable basis; or (f) The facility and service standards of the proposed district are incompatible with the facility and service standards of adjacent municipalities and special districts; or (g) The proposal is not in substantial com- pliance with a master plan adopted pursuant to Section 30-28-110 , C.R.S . 1973 ; or (h) The proposal is not in compliance with any duly adopted county, regional, or state long-range water quality management plan for the area. " 7 . In its recommendation of March 6 , 1979 , the Department of Planning and Services staff recommended approval of the Service Plan based on each of these standards. At the time of the hearing, certain questions arose concerning (d) , whether or not the district was cap- able of providing economical and sufficient service to the area. The Association asserts that there is no question that the proposed Plan is economical since the estimated cost of providing the same amount of water through the Little Thompson Water District would be $43 . 63 per month per homeowner and the cost through the proposed irrigation system would be $21. 82 per month, as set forth on page 14 of the Irrigation Study prepared by Resource Consultants, Inc. Even should the Association experience increased costs over the next months and even if the Association should determine that they wish to purchase additional water rather than rent it, the estimated costs remain well below the $43. 67 per month per lot owner. Further, it is important -2- to note, that Little Thompson Water District which supplies domestic water to members of the Association will not allow the use of large quantities of domestic water for yard irrigation. While individual members of the Association may succeed in utilizing large amounts of water for such purposes, if the entire Association were to proceed in such a manner, the Little Thompson Water District would immediately require the curtailing of such uses. 8. Section 32-1-209 (2) (3) provide as follows: "32-1-209 (2) Upon final approval by the district court for the formation of the special district, the facilities, services, and financial arrangements of the district shall conform so far as practicable to the approved service plan. (3) After the organization of a special district pursuant to the provisions of this part 2 , material modifications of the service plan as originally approved may be made by the governing body of such special district only by petition to and approval by the Board of County Commissioners in substantially the same manner as is provided for the approval of an original service plan; except that the processing fee for such modification procedure shall not exceed one hundred dollars. Such modifications shall be required only with regard to changes of a basic or essential nature and shall not be required for changes of a mechanical type necessary only for the execution of the original service plan. " (Emphasis added) This Section is cited to underscore the fact that the Service Plan may be modified at a later date. Material modifications must be approved by the County Commissioners while other types of changes need no approval. It has been the purpose of this Service Plan to provide high estimates of the cost of the project and its financing in order to avoid an additional hearing before the County Commissioners. It is obvious that if the system can be built or financed for less than the projected amount, there would be no need for an additional hearing but if the system were to cost more than originally planned, an additional hearing would be required. Therefore, as the Special District Control Act requires, the Service Plan consists of "prelim- inary estimates" concerning the elements of the Plan as well as the cost of construction and financing and no one should be misled into thinking that these are the actual costs that will be incurred. It is not the duty of the Association to provide the actual cost that will be incurred at this time, the Special District Control Act only requires preliminary estimates. 9 . The Association believes that it has satisfied the require- ments of the Special District Control Act and answered all questions of the opposition that must be answered at this time. Those opposing the district have raised one additional argument that the Association believes has no place whatsoever in any hearing before the County Commissioners. It is the claim of these objectors that the Board of Directors of the Association and members of the Association who sup- port formation of the metropolitan district act without authority. The Board of Directors of the Association deny this and assert that these objectors have the remedy of petitioning for an election to remove the Board of Directors if this is in fact the case. This issue is an internal one within the Northmoor Acres Homeowners Association and the Board of County Commissioners has no power to act -3- upon such an allegation nor does it have the right to act upon such an allegation under the Special District Control Act. While it will be the Association' s position that these arguments are totally irrelevant to these proceedings, the Board of Directors has taken the liberty to circulate a Petition to the County Commissioners which speaks on behalf of those members of the Association who could not be present for the hearing. Unfortunately, as with all circulated or mailed Petitions, only 83 were returned but 77 of those 83 request approval of the Service Plan while 6 oppose approval. At present, the Association believes there are 155 qualified electors within the proposed district. Furthermore, it should be noted that under the Metropolitan District Act ten percent of the qualified electors of the proposed district may request an election. To summarize, the Association is requesting that the Board of County Commissiones approve the Service Plan which is admittedly and purposefully preliminary and estimated in nature and that they approve such plan so that the members of the proposed district may exercise that inalienable right, the right to vote. DATED this ? day of May, 1979. eitk Kim R. Lawrence, Attorney for Northmoor Acres Homeowners Association and proposed Northmoor Acres Metropolitan District -4- STEINMARH & LAWRENCE ATTORNEYS AND COUNSELORS AT LAW SUITE 500,GREELEY NATIONAL PLAZA POST OFFICE BOX 1955 GRRRLRY,COLORADO 80082 ALV N L.STEINMARA TELEPHONE 358-6466 KIM R.LAWRENCE AREA CODE 303 March 13 , 1979 Russ Anson Weld County Attorney' s Office Centennial Building 9th Street and 9th Avenue Greeley, Colorado 80631 Re: Northmoor Acres Metropolitan District Dear Russ: In view of the Planning Commission' s concerns about the availability of water, the Board of Directors of the Northmoor Acres Homeowners Association have decided to request that their engineer prepare a report on the expected delivery of water under the water rights presently owned by the Association and the actual consumptive use expected by the uses proposed. As you may know, determining average delivery for any water right is a time consuming endeavor, and therefore, the Assocation will need additional time before they make their complete presentation to the County Commissioners. The engineers have estimated they will need at least until the middle of May, 1979 , to complete the report and therefore, I am requesting this matter be tabled until May 16, 1979, or May 23 , 1979 , at the convenience of the County Commissioners. I presume it will be necessary for me to appear at the March 14 , 1979 , hearing, but would appreciate it if you would confirm this with me. In interest of saving the time of the County Commissioners and my time, I would appreciate it if you could put this item at the top of the agenda March 14 , 1979 , if my appearance is necessitated. Sincerely, Kim R. Lawrence KRL/swm cc : Doug Murray n, r IC1 ‘ 1i CC)Is . II l )fiN4Y PHONE i,3_3i 3,3-0300 EXT. 369 Pitt 1071 STREET G RP.L L[Y, COLOR,v)O 80631 • COLORADO February 28 , 1979 Kim R. Lawrence Steinmark & Lawrence Attorneys and Counselors at Law Suite 600 , Greeley National Plaza P. 0. Box 1955 Greeley, Colorado 80632 Re : Northmoor Acres Metropolitan District Dear Kim: In response to your letter of February 26 , 1979 , the Weld County Planning Commission will meet on March 6 , 1979 at 1 : 30 p.m. on the first floor of the Weld County Centennial Center to consider the Northmoor Acres Metropolitan District Service Plan. Enclosed is a copy of the agenda for that meeting. Very truly yours , R. Russell Anson Assistant County Attorney RRA: ss Enc. STEINMARK & LAWRENCE ATTORNEYS AND COUNSELORS AT LAW SUITE 500,GREELEY NATIONAL PLAZA POST OFFICE BOX 1955 OREELE],COLORADO 609Ea ALVIN L.STEINMARK TELEPHONE 356-6466 KIM R.LAWRENCE AREA CODE. 303 February 26, 1979 D • I FEB 2 l 197 Mr. Russ Anson Weld County Attorney's Office ATTORNEY'S OFFICE OLINITY Centennial Building 9th Street and 9th Avenue Greeley, Colorado 80631 Re: Northmoor Acres Metropolitan District Dear Russ: This letter is to confirm our agreement that you will notify me when the Planning Commission intends to meet concerning the Service Plan so that the President of the Northmoor Homeowners Association and myself can attend to answer any questions that may arise. Sincerely, Kim R. Lawrence KRL/mm cc: Doug Murray sTAT O A COUNTY OF WELL a Filed with the Clerk of tie Board of County ComnrssioneFs STEINMARH 81: LAWRENCE '] ATTORNEYS AND COUNSELORS AT LAW FED (3 1379 SUITE 500,GREELEY NATIONAL PLAZA a /2, POST OFFICE BOX 1055 COUNTY CLFRE 4ND RECORDER GRRRLRY,COLORADO tweau BY____,_ ALVIN LSTEINMARR TEL ECR "•J6� RIM R.LAWRENCE AREA C C) 303 February 6 , 1979 Mr. Russ Anson Assistant County Attorney Weld County Centennial Building 9th Street and 9th Avenue Greeley, Colorado 80631 Re: Northmoor Acres Metropolitan District Dear Russ: I presume you will be handling this as you did so the first time the Service Plan and Petition were filed. I enclose for your reference the time schedule which I believe follows the statutory requirements. The President of the Association and I would appreciate meeting with the Planning Commission prior to the time this matter comes before the County commissioners to further explain the proposed district and answer any questions that may arise. Plase let me know if we can arrange a mutually convenient date. With regard to the Service Plan, Exhibit A, the maps of the proposeddistrict, have not been attached as they are the identical maps submitted to the County in the Service Plan for Northmoor Acres Water District. I would appreciate it if you would transfer those maps to this Service Plan and consider that sufficient as I did not believe securing another copy for you was warranted due to the expense. If you have any questions, please contact me. Sincerely, Kim R. Lawrence KRL/swm Enclosure cc : Doug Murray STATE OF COLORADO ) ss. COUNTY OF WELD IN RE THE ORGANIZATION OF ) NORTHMOOR ACRES METROPOLITAN ) PETITION DISTRICT, ) WELD COUNTY, COLORADO. ) TO THE BOARD OF COMMISSIONERS OF THE COUNTY OF WELD, STATE OF COLORADO: The Petitioners and Proponents of the proposed NORTHMOOR ACRES METROPOLITAN DISTRICT, Weld County, Colorado, by their attorney, Kim R. Lawrence, pursuant to the provisions of the "Special District Control Act" , Colorado Revised Statutes 1973 , 32-1-201 , et seq. , respectfully petition the Board of Commissioners of the County of Weld, State of Colorado, for a Resolution of Approval and certain other preliminary actions relating thereto, for said proposed District. In support of said Petition your petitioners state: 1. That on the t day of February, 1979, there was filed with the Board of Commisisoners of Weld County, a Service Plan for said proposed District, with additional copies for con- sideration by the County Planning Commission. 2 . That such Service Plan fully complies with the provisions of the "Special District Control Act" , as to all of the information required to be therein contained. 3 . That petitioners have also accompanied said Service Plan with a processing fee as provided by law in the amount of $200. 00. 4 . That petitioners have also submitted to the Board of. Commissioners, a copy of the proposed form of Petition to the District Court for the organization of said proposed District. WHEREFORE, Petitioners pray that this Honorable Board will enter such orders as may be necessary or proper preliminary to and in connection with a Resolution of Approval of the Service Plan of said proposed District. dirt. £.gluract-- Kim R. Lawrence Attorney for the proposed NORTHMOOR ACRES METROPOLITAN DISTRICT, Weld County, Colorado -2- !V ( /V PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine ifethe District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking • approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan Di tiict ,may be Id. Cify) 1011 -/i PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking • approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan Dict.rict may be held. eh , �• 4 • ( ii)� PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays , and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan fl trict may be held. PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if ethe District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking • approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays , and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D' trict may be held. �usf /1--/ l;/ c L 4f t c'-�j77� , (g A /_s1/-� (e)1Z �_i"v\ PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking ' approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays , and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D trict may be held. " 4/1 • • PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking • approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D . trict may be held. PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if ''the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking ' approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D . trict may be held. _ C.-H-=y C_`'. )'as n->snz -- to r1 ) Si K 1 ` r l lid ± ) (0.(.UIiL C:.-7h -/D J fi PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking ' approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan P rict 7Ly be held. ;G� ±�1�� �^ 17 44cis S i>>2L _ • PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine iftthe District should be formed . WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking • approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan District may be held. 9 PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking ' approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D. 1rict may be held. e .ct,lt 10-74N) PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking • approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D -trict may be held. 7rh C? - 4 t-4 :z_1 Yom./2/,e,,« Vin/�/) G 7 y7,4.eL._�a.. “. — -- Laic- 01-e, )2;34/ • PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays , and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D trict may be held. , /.el I )c, ?GAH, ,P, re). tFor_fl Diners o, Loz'201 B/! .S 2=� t . L Noreftsor Rrrt'J Svio;l-,,rib4 PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking ' approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D4 trict may be held. PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed . WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking ' approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan Di , ict may be held. PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if ''the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking ' approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan _P rict may be held. )f 217 (fir h' „/2 G�V(t4 f /l� PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if ethe District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking • approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays , and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan h irict may be held. PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine ifethe District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan n ' riot may be held. • • PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking ' approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan F) irict may be held. '�t.4 __ ,.`_�^%iVr' ,C, k,t O PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine ifethe District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking • approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D i.rict may be }field. _ Pie. � tox -AO , 3 PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D),.strict may be held. aeo yA C . /ti, 5L _ S//3 cwrsto C,1 Zf14iwi/977 4 - ,cur- - ? al' C'Alle 7sS , - AP•Roosn' Dt _ 0I/a k 4 7/,21,-ft„o r, aft;.. '12 acs1_y AkL..u1*z - orill4 614,4 V 79° _J, . _ o.�--r< s/t/9 /Lama_ `7A., 010177 /✓ouiv i Gar. 3/2.4/79 ___ iL,., Let r— _ . fi�i, f/. .� „r,.-,t I ,�i - - `/ 3'19f 8€ZS 6' 3//1/, irn nos-4AJ -U so 99 Oct. QQ,o 3/ 14 19 it �,• 1,1 iC",t,c—ey 0a,e./cr ., - -p • PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan District may be held. �� C C L nH a C&L)-o, -tn-J _ 10777_4 ,0559lao&,__i ,4o7--r-7 /1lQntrbop—�� la? z9/ seira, a _ Jo fella as A _ - - 02.oyr7210' . — A- e« a�-v as4 0„9.44,4 sip i v ce �J PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already dud to delays , and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan District may be held. 1:_cit,op....„_, ac/,v & = .> .6 a _ 00g q Cam • Hz Le ,9 &O31 j1on.rAmoaw V) 70. 167, S.;YogGe . -16 LS) yo -ej.., t C'T_ _' ci/5! rs ( - (11_14+ / •&...r-n., ff--/// ,-)4,-e-eni (t. 4- ,r-- z-__ - .?o41 (icte.Lua. x. Gt, .f .r-r pet 206'78 CA r G LAW CT S�/�pU 2 O S/7 il/cL iw-e c7,�_ Isir L1 '17L[)v'e 4 'S- t.e')A_ J ac;v ) 7,7c- C.-y,. c" .f>-- e�C�/-� a o y'7 f __27/ As, L /977 i (4, �-� „A . trt ,,2 - 6/dc-1( 3 A sS IS : 5`4, 1 e Gv . S a ,- "Pt cAP 01O fa :./z PETITION WE, the undersigned owners of land in Northmoor Acres and members of the Northmoor Acres Homeowners Association petition and request that the Weld County Commissioners approve the Service Plan of the Northmoor Acres Metropolitan District so that Petitions may be filed with the District Court and an election held to determine if 'the District should be formed. WE, the undersigned, state that we support the actions of the Northmoor Acres Homeowners Association in seeking approval of the Service Plan that we understand the extent and nature of the water system proposed to be constructed by the Northmoor Acres Metropolitan District and are aware of the estimated costs of said construction. WE, the undersigned understand that the costs of con- structing the proposed system are increasing, have increased already due to delays, and probably will increase further by the time the District Court orders an election. WE, the undersigned, Petition and request the Weld County Commissioners approve the Service Plan as submitted so that an election for formation of the Northmoor Acres Metropolitan D - '-. rict may be held. ' ' (CLL_ ac e tee_ " . <- a—r ztye _ ce ‘i G) l" y2.74-7 red /z <_z< ..:� L L Z t�C�t_�t � �/ 7y tA(_, rtz4t _ PETITION WE, the undersigned owners of land in rthmoor Acres and me •ers of the Northmoor Acres Homeowners Association petition •nd request that the Weld County mmissioners approve the Service Plan of the Northmoor Acres etropolitan District so that Petitions may be filed with t District Court and an election held t• determine ifethe D' trict should be formed. WE, the dersigned, sta e that we support the actions of the Northmoor Acre Hom'own= s Association in seeking approval of the Service an that we understand the extent and nature of the wateb sy •roposed to be constructed by the Northmoor Acres Metr; •o itan , ' strict and are aware of the estimated costs ofd s- d construc . 'on. WE, th ' dersigned unders nd that the costs of con structing th:%• •posed system are incr sing, have increased already due t• elays, and probably will i crease further by the ti e . District Court orders an electio . , the undersigned, Petition and reque t the Weld County ommissioners approve the Service Plan as submitted so tha an election for formation of the Northmoor Acres Metropolitan D trict may be held. APPS I ( 9� 979 _IAA_ Ant t end Mee/1;91 onWt./ C�/a fele (D, sl Ri/cf and Fee / -44ff__gee #h€ /�mon 7M2 / A41 1•/ rc;y'a// /en 441-al/p. . ranee be O t t�t se '�"4a cos7 wide/[d he 111,6 lit iih . tAecf Do e„esfi c w*. Q is Ilea/94 lie e on, re " Gil de h o f ?pro red tic,c Lori.,c£1-"-a. eke* _ ,� ean?fro Via. tie aco n. NMatM rh.eaR Aeres Z VOnAO lee P4./J.iessn vs e= '/ . :.a .. o2$7 the-11,— .Adathe-11,— .AdaDr. d12t 7`1 Minimum Time Schedule of the necessary steps required to organize a Water and/or Sanitation District or a Metropolitan District and issuance of bonds by the District. Time Schedule Action to be Taken Day 1 File service plan with the County and request a hearing date. (Filing should be at least 10 days prior to regular meeting of the Board although County can waive this requirement. ) Day 10 Commissioners set Hearing date on Service Plan at their regular meeting . (The Commissioners may hold a joint hearing pursuant to Sections 32-1-206 and 32-1-208, CRS 1973, more than one County involved. ) Day 20 First publication of Notice of Hearing published in newspaper of general circulation within each County. Day 27 Second publication of Notice of Hearing. Day 34 Third publication of Notice of Hearing. Day 38 Commissioners hold Hearing on Service Plan . Day 54 Commissioners adopt Resolution approving Service Plan. (Within 20 days of Hearing. ) Day 54 Circulation for signatures of Petitions to District Court. Day 56 Submission of Petitions to Court. Court sets hearing date . (Petition must be signed by not less than 10% of the electors of proposed District. ) Day 63 First publication of Notice of Hearing in newspaper of general circulation in District. Day 70 Second publication of Notice of Hearing. Day 77 Third publication of Notice of Hearing. Day 84 Fourth publication of Notice of Hearing. (Note that this publication can be eliminated if the newspaper is published daily. ) Day 85 Hearing date before Court; Court order calls for organizational election (hearing must be not less than 20 or more than 40 days after petition is filed , subject to the publication requirements heretofore set forth) . Time Schedule Action to be Taken Day 91 First publication of Notice of Election in newspaper of general circulation within District. Day 95 Absent voter applications may be sent to designated person handling the applications . Day 98 Second publication of Notice of Election . Day 99 Nomination Petitions for District Board members filed with District Court (at least 25 days prior to election) . Day 105 Third publication of Notice of Election . Day 120 Last day to apply for absent voter ballot. Day 124 Date of organizational election (not less than 18 days after first publication of Notice and must be a Tuesday election day) . Should allow the 30 day period for absent voter applications from the first notice until the election date . Day 125 Judges certify returns to District Court. Day 125 Court signs Order and Decree and related documents for Organization of the District. Day 126 Completion of all required filings, and posting of Notices for the organizational meeting. Day 130 Organizational Board Meeting. Adopt Resolution calling Bond Election . Day 140 Publish first Notice of Election . Day 147 Publish second Notice of Election . Day 154 Publish third Notice of Election. Day 159 Bond Election. Canvass on this date or within 3 da✓s of election . Day 173 Special or regular board meeting. Adopt bond resolution. This can be done any time prior to the closing. This. Schedule assumes no problems and delays . LITTLE THOMPSON VALLEY WATER DISTRICT DIRECTORS. TELEPHONE 532.2096 DEAN G. ANDERSON 307 WELCH AVENUE LOUIS P. DEIN DRAWER G DAVID MCGEE BERTHOUD. COLORADO 80513 E. THOMAS RICORD March 12, 1979 DARE.? J. SALOMONSON MANAGER: LOVILO H. PAGAN To Whom it may Concern: The Little Thompson Water District presently serves the fire hydrants located in Northmoor Acres. These hydrants are located on Six-inch water mains. The main pressure should average 70 P.S. I . LITTLE THOMPSON WATER DISTRICT 2„// 27. lJ i Lovilo H. Fagan , Manager LHF/ma cc: A . To whom it may concern; The Farmers Extension Ditch Co. is a carrying ditch only. It is the main water carrier for the farms serviced by it, and the laterial ditches running from it. The Bunyan Laterial Ditch Co. is also a carrying ditch servicing fauns with water from the Farmers Extension Ditch. Ownership of stock in the Farmers Extension Ditch Co., and the Bunyan Laterial Ditch Co., constitutes carrying rights only and does not involve the ownership of any water itself. Irving Brown' L A Director Board of Directors Farmers Extension Ditch Co. Bunyan Laterial Ditch Co. March 5, 1979 Dear Mr. Olson, The Supply Ditch can issue fifty inches of water per share , if Beaver Lake is full . There is usually a ten per cent ditch shrink taken. This would make approximately 45 inches per share. In normal seasons , you could possibly receive 10 - 12 A.F. per share from direct flow ( river water) if you are able to handle the water at the time it is available. The amount of direct flow depends on runoff and heavy rains and also the demand by senior ditches . If we can help you with any further information, please contact us . Sincerely , L- lenn Markham Vice President Supply Ditch To Whom it may Concern; The New Ish reservoir operates on a 1904 filling rite for 4,797.7 acre feet of water from the Little Thompson River. At full capacity the company issues 125 inches or approximately 6.25 acre feet of water per share of stock. The company records show the following amounts issued for the years indicated. 1970 - 125 inches 1975 - 125 inches 1971 - 125 inches 1976 - 50 inches 1972 - 60 inches 1977 - 0 1973 - 125 inches 19713 - 125 inches 1974 - 15 inches Average for these 9 seasons is €11 .1 inches or approximately 4.06 acre feet. • V John Robinette Superintendent Ish Reservoir Company EXISTING WATER AVAILABLE TO NORTHMOOR ACRES HOME OWNERS ASSOCIATION GOOD YEAR 5 shares Supply = 250 inches = approximately 12. 50 acre feet = approximately 4,075,000 gal. 11 shares ISH = 1375 inches = approximately 68.75 acre feet = approximately 22,412, 500 gal. 1625 inches = approximately 81.25 acre feet = approximately 26,487,500 gal. Assumption: "River water" to irrigate approximately 31. 7 acres Greenbelt Therefore 26,487, 500 t 121 = 218,905 gallons per site. 1981 cost for improved site =$210.00 per year. (per service plan) Therefore cost per thousand gallons untreated water = $.96 per thousand gallons per site. 218,905 gallons t 50 GPM = 4,378 minutes or 72.97 hours watering time or 7. 3 days at 10 hours per day. DRY YEAR i.e 1977 5 shares Supply = 125 inches = approximately 6. 25 acre feet = approximately 2,037,500 gal. 11 shares ISH = -0- 125 inches = approximately 6.25 acre feet = approximately 2,037,500 gal. Assumption: "River water" to irrigate approximately 31. 7 acres Greenbelt Therefore 2,037,500 t 121 = 16,838 gallons per site. 1981 cost for improved site =$210.00 per year. (per service plan) Therefore cost per thousand gallons untreated water = $12.47 per thousand gallons per site. 16,838 gallons t 50 GPM = 337 minutes or 5.61 hours watering time or approximately i day. NOTE: Above figures do not allow for storage or ditch shrinkage. Comparable cost of Little Thompson Valley Water District over three month period. 218,905 gallons = $137.67 or $.63 per thousand 16,838 gallons = $31.83 or $1.89 per thousand NOTE: The over 40,000 gallon per month rate for Little Thompson water is $.30 per thousand. The total assessed value of Northmoor Acres is $455,610.00 (per service plan) and the mill levy is 77.08, therefore, the taxes generated are $35,081.97 which includes General, School District, Jr. College, Water District and existing Fire District. The total cost to the members of the Proposed district as shown in the service plan is $21,045 for the first year or 60% of the Ad Valorem taxes or the equivalent of a 46.19 mill levy. CONCLUSION: 1. There is not adequate water to supply the district as proposed. 2. The proposed Northmoor Acres Metropolitan District would not be capable of providing an economical water supply system as compared to the existing Little Thompson Valley Water District . 3. The Northmoor Acres area does not have enough Tax base to justify $180,000 indebtedness. aE (Watzt S'LokE'ZS. fine. 2525 Routt Street Q Lakewood, Colorado 80215 0 (303) 232-5807 May 30, 1979 > t... TO WHOM IT MAY CONCERN: William r McLemore This letter isgiven by the request of RogerE. Olson, Q g Homeowner, in regard to an unbiased opinion by a Water Broker to the value of the water owned by Northmoor Acres Homeowners Association. In research, Northmoor Acres Homeowners Association owns 5 shares Supply Ditch, 11 shares New Ish , 12 shares Bunyon Lateral and 11 shares Farmers Extension. The last two ment- ioned being carrying rights only and does not constitute the ownership of water. New Ish has a record of being sold for $300,00 per share in 1978, (2 shares). The average delivery of New Ish is app— roximately 2 acre feet, however there have been many years when New Ish has delivered little or nothing, therefore averages can be very deceiving with New Ish. Also, New Ish owners are liable and must assume all responsibility of Ish Reservoir. Supply sold last year for $5,000.00 per share, (2 shares). Supply is a fairly good water right only if an owner has good carrying rights and storage. In the case of Northmoor Acres which is located towards the end of the ditch, this makes Supply of less value to subject land because said land would typically receive less water than these properties closer to the river. On the otherhand, to those who have ditch rights that can have the water delivered when it is available and have a need and/or storage, Supply could average approximately 12 acre feet per share. You see, Supply is a river right and delivers water only when the river is up and generally no later than June 30th, in any given year. J. . HAHN WATER BROKERS, INC. FARMS, RANCHES, WATER RIGHTS CONSULTANT Hello