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<br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: <br /> <br />Lower Bauer West Lateral, Inc. <br /> <br />County: Montezuma <br /> <br />Project Name: Lower Bauer Res. Outlet Pipeline Project Type: Ditch Piping for Salinity Control <br /> <br />Drainage Basin: Mancos River <br /> <br />Water Source: Chicken Creek (Trib. Mancos R) <br />Funding Sources: NRCS, CWCB <br />Adjudicated Delivery: 951 acre-feet <br /> <br />Total Project Cost: $253,500 <br /> <br />Type of Borrower: Agricultural <br /> <br />Loan Amount: $48,750 (Initial loan $195,000) Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />The Lower Bauer West Lateral, Inc. (Company) is a non-profit corporation registered in the State of <br />Colorado in 2004. The Company owns and operates the west outlet lateral from Reservoir NO.2. <br />The Company is proposing to use NRCS assistance to install 15,500 feet of pipe to reduce water <br />loss and produce working pressure for irrigation uses. Members of the Company own shares of <br />water in the Bauer Lakes Water Company (BLWC). BLWC owns Res. No.2, which delivers water to <br />the Company at the measuring device near the outlet. This project will place new pipe in the <br />existing ditch, which carries approximately 951 acre-feet of water to the 1200-acre service area. <br />NRCS will provide design and fund 75 percent of the construction cost of the Project as part of the <br />NRCS Salinity Control Project in the Mancos Valley. Funding for the Project consists of an initial <br />loan from CWCB for $195,000 that will be reduced to $48,750 after construction is complete and <br />NRCS provides a $146,250 grant. <br /> <br /> <br />J'- <br /> <br />~. <br /> <br />",-.::;- '-"'- -" <br /> <br />.../'~f <br /> <br />LOCATION MAP <br />