If approved, the Rueter-Hess Reservoir would capture water diverted from Cherry Creek and Newlin Gulch during low water-use months and store it for use during periods of drought.
The district expects to have the dam in use by 2005, at a cost of about US$35M.
The US Army Corp of Engineers has been conducting an environmental impact study of the project since 1999, which is expected to be completed by fall.