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The estimated cost of the project is about $6.3 million, but staff wants to ask for more to provide a contingency of about 12 percent, just in case.

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$625,000 from both the park improvement fund and the capital improvement fund divided over 2013 and 2014

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Most of Monday's three and a half hour work session was a course in economics as the town dove into everything from how much severance tax could be expected in 2013 numbers are expected to come out later this month to pavement quality indices and what it means for the demands in roadway repairs or potential roundabout construction in the future.

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Each year, the town must resupply nearby rivers and ditches after drawing water from them throughout the year to irrigate area parks and open spaces. That resupply of water has to be stored somewhere in the meantime, and this has typically been Windsor Lake at Boardwalk Park. Earlier this year, those water levels were drastically low and almost jeopardized the summer recreation season, Town Manager Kelly Arnold said previously.

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The funding mechanism is anything but simple, said Dean Moyer, Windsor's director of finance. He explained that money would stem from a number of different funds, loans and parts of the 2013 and 2014 budgets including:

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A major project that could put Windsor one step closer to water security is inching forward as town leaders explore funding options for the $6.7 million Kyger Gravel Pit redevelopment.

The town will submit a feasibility study to the CWCB this month and plans on officially purchasing the Kyger Reservoir infrastructure in December, Moyer said. Design work is slated to wrap up in June and construction could be done by January 2015.

$4.5 million, 20 year loan from the Colorado Water Conservation Board. The draw of borrowing the money is the low interest rate and flexible repayment options, including early payoff, Moyer said. That would amount to roughly a $250,000 $300,000 each year.

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7 million Windsor water storage deal inches forward

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"We've got to get the intended purpose up and running first," he said, adding that actually filling the reservoir with water will take plenty of time and planning. "Then we can talk about other benefits."

which will be discussed in depth later this year. The biggest item up for discussion was the Kyger project, which would transform a barren mining area on the outskirts of town near Weld County Road 13 into a 1,100 acre foot reservoir that would revolutionize how Windsor handles its augmentation water supply.

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The Windsor Town Board on Monday heard several staff presentations about the early renderings Nike Joggers For Women

$750,000 from the 2013 water fund along with $200,000 from the non potable water fund

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In total, there were 15 projects with projected costs of more than $100,000 each including:

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Though the development would be a non potable supply, it could pave the way toward even bigger development plans for the area, including a potential for a drinking water treatment facility on an adjacent lot, the board said at a past meeting.

The reservoir could eventually be used for recreation purposes, but those conversations won't be happening for about three years, Nike Blue T Shirt Arnold said Monday.

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