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<br />Wat~r Project Construction Loan Program-Project Data <br /> <br />Borrower: <br /> <br />Silver Heights Water and Sanitation District <br /> <br />Project Name: New well <br /> <br />Project Type: New <br /> <br />County: Douglas <br /> <br />Drainage Basin: South Platte <br /> <br />Total Project Cost: $342,400 <br /> <br />Funding Sources: District and CWCB <br /> <br />Type of Borrower: Municipal <br /> <br />Median Household Income: High <br /> <br />CWCB Loan: <br />years <br /> <br />$100,000 <br /> <br />Interest Rate: <br /> <br />5% <br /> <br />Term: 20 <br /> <br />Water Source: <br />acre- feet <br /> <br />Arapaho Aquifer <br /> <br />Annual Volume of Water delivered: 80 <br /> <br />The Silver Heights Water and Sanitation District new well project is located 1 mile north of <br />Castle Rock, just east of 1-25. The average annual volume diverted is 80 acre-feet. The District <br />operates wells and a distribution system and supplies water to 111 customers for municipal use <br />within the 514-acre service area. The existing Arapahoe aquifer well is poorly designed with <br />maintenance and replacement costs averaging $10,000 per year. The District plans to replace it <br />with a new well The Silver Heights Water and Sanitation District a quasi-governmental political <br />subdivision of the State of Colorado and a Special District in Douglas County, Colorado. Tom <br />Hatton P.E. of Hatton Water Consultants Inc. has drafted the feasibility study. Proposed funding <br />for the project consists of a CWCB Small Project loan for $100,000 and $242,400 from the <br />District. <br /> <br />, Ch.roliee <br />\......_~?lf,rrt.in <br /> <br />o~ <br />V') <br />(,., . <br />,,-"/ <br />// <br />?-~/ <br /> <br /> '\ <br />I ,- - <br />, , <br />,.J I I <br />, I I <br />