Click here to read the newsletter. Here’s an excerpt:
Emergency Flood Loan Completed for St. Vrain Creek and Left Hand Lake
More than seven years after the devastating floods of September 2013, the final project supported by a Colorado Water Conservation Board (CWCB) Emergency Flood Loan Program — the St. Vrain and Left Hand Lake No. 4 Repair — has been completed.
In the immediate aftermath of the flooding, CWCB awarded more than $23 million in interest-free and no-payment bridge loans to affected water suppliers for repairing damaged infrastructure. Lake No. 4, located along the St. Vrain Creek was filled with floodwater and debris, eventually causing its embankment dam to collapse. The St. Vrain and Left Hand Water Conservancy District received a loan of up to $4.5 million to repair the dam and construct a new emergency spillway to prevent damage in any similar flood event.
The 2013 Emergency Flood Loan Program served as a model for the current Wildfire Impact Emergency Loan Program created in response to the 2020 wildfire season. The Wildfire Impact Emergency Loan Program has already authorized more than $9 million in low interest loans.
Bonus: Coffin vs. Left Hand Ditch