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C150207 Approval Letter
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C150207 Approval Letter
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Last modified
3/9/2011 2:25:58 PM
Creation date
7/10/2007 2:08:57 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150207
Contractor Name
East Mancos Highline Ditch Company
Contract Type
Loan
Water District
0
County
Montezuma
Loan Projects - Doc Type
Approval Letter
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<br />CWCB Construction Loan Program <br />Project Data Sheet <br /> <br />Borrower: East Mancos Highline Ditch Co County: Montezuma <br /> <br />Project Name: Ditch Pipeline Project Project Type: Ditch Piping for Salinity Control <br /> <br />Drainage Basin: San Miguel-Dolores/San Juan Water Source: East Fork Mancos River <br /> <br />Total Project Cost: $904,000 Funding Sources: NRCS, CWCB <br /> <br />Type of Borrower: Agricultural Average Delivery: 869 acre-feet <br /> <br />Loan Amount: $458,074 (Initial loan $904,000) Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />The East Mancos Highline Ditch Company is a non-profit corporation established in the State of <br />Colorado in 2004. The Company manages the East Mancos Highline Ditch for the six members that <br />own water rights and land served by the ditch. The diversion point is located east of the Town of <br />Mancos. The ditch is approximately 5.75 miles long and carries approximately 8.6 cfs. The <br />proposed ditch pipeline project will install new PVC piping from 15-inch to 10-inch pipe along with <br />metered delivery points at member-owned lands. NRCS may provide planning, design and field <br />engineering services. Proposed CWCB funding consists of an initial loan from CWCB for $904,000 <br />that will be reduced by an NRCS Colorado River Basin Salinity Control Program grant for $445,926 <br />following project completion. The remaining $458,074 will become a 30-year CWCB Loan. <br /> <br />... C'<' .! , ~ ..... <br /> <br />=k;'~I~~~i~'2/~ . <br /> <br /> <br />-'.f> <br /> <br />" ". I <br />I <br />I <br />I <br />. r,' <br />,- .""\.; <br />.' :) <br />{ , <br />"......' <br /> <br />/'" ;~/ <br />- . / <br /> <br />" <br />/, <br />
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