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<br />. <br /> <br />. <br /> <br />SUMMARY OF PROPOSED PROJECf <br /> <br />. <br /> <br />PrQject Sponsor: Lower Arkansas Water Management Association (LA WMA) <br />Type of PrQject: Agricultural <br /> <br />Prqject Name: IA WMA Augmentation Program <br />Location: Prowers CoWlty <br /> <br />Date of Application: JWle 22, 1995 <br /> <br />Date Feasibility Study Received: July 1995 and January 1996 <br /> <br />PrQject Description: IA WMA is proposing an augmentation program to offset depletions by <br />IA WMA members' wells to Colorado surface rights and to usable state line flows in the <br />Arkansas Basin. The program involves the acquisition of land and water rights associated <br />with the X- Y Ranch and the X- Y Canal as well as shares in the Manvel Canal and Irrigation <br />Company. (See attached map). The consumptive use for these rights, along with the <br />consumptive use of water rights which IA WMA already has available to it, will be used in <br />the augmentation program. <br /> <br />Estimated Project Yield: Average annual consumptive use credits of 4,614 acre-feet per year <br />. from the X- Y and Manvel Canal rights <br /> <br />&timated Cost: $3,712,200 for acquisition of land and water rights <br /> <br />Reqpested Loan: $3,750,000 or 100 percent of the total cost of land and water rights <br />acquisition whichever is less <br /> <br />. <br /> <br />" <br />