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" $tieb Brothers, Inc. - Well Augmentation Project March 25-26, 2003 Agenda Item 24b Water Project Construction Loan Program-Project Data Borrower: Stieb Brothers, Inc. County: Logan Project Type: Well Augmentation Project Name: SBI Recharge Project Drainage Basin: South Platte Water Source: New wells Total Project Cost: $202,000 Funding Sources: CWCB Type of Borrower: Agricultural Aver. Delivery: 6000 acre-feet CWCB Small Project Loan: $151,500 Interest Rate: 2.5% Term: 20 years The SBI is a private family farm corporation located 10 miles north of Sterling in Logan County, near the town of Iliff.SBI has approximately 723 acres of sprinkler irrigated farm ground. The ground is irrigated with 5 tributary groundwater wells, which were drilled in the late 1960's and early 1970's. The wells pump on average 1400 acre-feet annually. The water is typically used to irrigate corn, alfalfa, beans and wheat. The 12 wells are currently augmented under the Groundwater Appropriators of the South Platte (GASP plan of operation. SBI is completely dependent on their 5 wells, which have very junior water rights. SBI has been using GASP to replace depletions from well pumping when there is a senior water right "call" on the river. 5BI plans to construct 2 wells to pump water into a recharge ponds in thewinter months when there is not a call on the river. Water from the ponds would have a delayed return to the river in summer months when SBI has depletions that need to be offset with augmentation water. The wells, drilled near the South Platte River, would pump up to a combined rate of 13.4 cfs (producing up to 6000 acre feet annually. They would pump to the recharge ponds through 18 " underground piping. An existing well away from the river, near the recharge pond would be converted for augmentation, and the piping used to . return "stored" water to the river when necessary.i' Location Map Page 6 of 6