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<br />South Side Reservoir Company <br />January 22-23,2003 <br /> <br />Agenda Item 1ge <br />Updated January 27,2003 <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: South Side Reservoir Company <br /> <br />County: Larimer <br /> <br />Project Name: South Side Reservoir <br /> <br />Project Type: Rehabilitation <br /> <br />Drainage Basin: <br /> <br />South Platte River <br /> <br />Water Source: Big Thompson River <br /> <br />Total Project Cost: $400,000 <br /> <br />Funding Sources: CWCB and Company <br /> <br />Type of Borrower: Agricultural/Municipal <br /> <br />Median Household Income: Average <br /> <br />CWCB Loan: $360,000 <br /> <br />Blended Interest Rate: 3.1 % Term: 30 years <br /> <br />CWCB Grant: $5,000 <br /> <br />Total annual storage (fill and refill): 1,241 acre-feet <br /> <br />The South Side Reservoir Company operates the South Side Reservoir for delivery of irrigation <br />water within a 4Q() 1590-acre service area. The reservoir is located in Larimer County, about 1 <br />mile south west of Loveland. This project includes rehabilitation of the outlet and spillway on the <br />dam, and will allow removal of the existing storage restriction currently imposed by the State <br />Engineer. Rehabilitation work is scheduled for 2003. John Gauthiere P.E. has completed the <br />feasibility study. Proposed funding for the project consists of a $360,000 Small Project Loan and <br />a $5,000 Feasibility Study Grant from the CWCB, and the remainder from the Borrower. <br /> <br /> <br />Location Map <br />5 <br />