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PROJC01737 (3)
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PROJC01737 (3)
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Last modified
5/8/2015 2:46:25 PM
Creation date
3/1/2007 9:08:42 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C153768
Contractor Name
Lower Arkansas Water Management Association
Contract Type
Loan
Water District
67
County
Bent
Prowers
Bill Number
SB 96-124
Loan Projects - Doc Type
Approval Letter
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<br />ero..... 201 I <br /> <br />Annual Cost of Operating the Offset Account <br />At 3 percent Interest over 40 years <br /> <br /> Volume Value Annual <br /> (ac-ft) @..$675/ac-ft Payment <br />Initial Delivery to Kansas 500 $337,500 $14.600 <br />Supplemental Delivery to Kansas (1) 40 $27.000 $1.170 <br />Evaporation (2) 378 ~255.150 J11.040 <br /> <br />Total <br /> <br />918 <br /> <br />$619,650 $26,810 <br /> <br />(1) In 1997. LAWMA expects to transfer about 10.800 acre-feet from <br />Artide II Accounts to the Offset Account. An additional 5 percent of <br />the volume greater than 10,000 acre-feet must be given to Kansas. <br /> <br />(2) Evaporation is charged to Colorado users from the month the <br />depletions occur until Kansas accepts the estimate of depletions. <br />We expect this to take about 2 months. <br /> <br />Annual Cost-Savings to LAWMA from 2 Percent Interest Rate <br />As Compared to 3 Percent Interest Rate <br /> <br />$18,640 <br /> <br />5/12/97 OFFSETXLS Helton & Williamsen. P.C. <br />
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