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<br />Water Project Construction Loan Program - Project Data <br /> <br />Borrower: <br /> <br />Henry Bolen Ditch Company <br /> <br />County: Montezuma <br /> <br />Project Name: Henry Bolen Ditch Pipeline Proj. Project Type: Ditch Piping for Salinity Control <br /> <br />Drainage Basin: Mancos River Water Source: Mancos River <br /> <br />Total Project Cost: $669,500 Funding Sources: NRCS, CWCB <br /> <br />Type of Borrower: Agricultural Average Delivery: 2505 acre-feet <br /> <br />Loan Amount: $128,750 (Initial loan $515,000) Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />The Henry Bolen Ditch Company is a non-profit corporation registered in the State of Colorado in <br />2003. The Company manages the Henry Bolen Ditch for the seven members which own water <br />rights and land served by the ditch. The diversion point is located southwest of the Town of <br />Mancos, The ditch is approximately two and a half miles (13,000 feet) long and carries <br />approximately 13 cfs. The proposed Ditch Pipeline Project will upgrade the ditch by installing <br />12,000 feet of ditch pipeline and 2,000 feet of lateral lines to reach member-owned lands. NRCS <br />will provide planning, design and a field engineering services. Proposed funding consists of an <br />initial loan from CWCB for $515,000 that will be reduced by an NRCS CRB Salinity Control <br />Program grant for $386,250 following project completion. The remaining $128,750 will become a <br />30-yearCWCB Loan. <br /> <br />/. ~l/ <br />:lrll- <br />- -/./ -j (' <br /></?~.. /~..../.... <br /> <br /> <br />!~~~}tf--'f... -~. <br /> <br />~._., ~-~~---Y' .-:.-"'1 "'~...#-' f# <br /> <br />--C. ii.' ~ -~ / <br />.) 1v.' - <br />if _-.J' <br />\~ ) <br /> <br />~... m,_'..'_ <br />\:: ~~' : -~.~-:~~ -) - - >-\ <br />., 1~\. i C!,/P <br />~cc" . r /oJ <br />.~,,' ~-:_l_) -' ("- <br />:'-\il~~~- I ~5~ -~'-.. <br />\ 'f~~\ !tu.. .., A,P""'" <br />~ .,-:'<~t ~ ";'- ~..... ~---, ..,.; <br />\. HENRY BOLEN DITCH '<'<". <br /> <br />"<-'" <br /> <br />", I. ,- <br /> <br />~~;{~i:' .~( <br /> <br />Iol";~. <br /> <br />..~ <br /> <br />LOCATION MAP <br />