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<br />. . . 010 <br /> <br />CWCS Construction Loan Program <br />Project Data Sheet <br /> <br />Borrower: Carpenter & Mitchell 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: Chicken Creek (Mancos River) <br /> <br />Total Project Cost: $607,200 Funding Sources: NRCS, CWCB <br /> <br />Type of Borrower: Agricultural Average Delivery: 756 acre-feet <br /> <br />Loan Amount: $227,700 (Initial loan $607,200) Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />The Carpenter & Mitchell Ditch Company is a non-profit corporation established in the State of <br />Colorado in 2004. The Company manages the Carpenter & Mitchell Ditch for the five (5) members <br />that own water rights and land served by the ditch. The diversion point is located west of the Town <br />of Mancos, The ditch is approximately 2.5 miles (13,000 feet) long and carries approximately 11.25 <br />cfs. The proposed ditch pipeline project will install new PVC piping from 21-inch to 8-inch pipe along <br />with 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 $607,200 <br />that will be reduced by an NRCS Colorado River Basin Salinity Control Program grant for $379,500 <br />following project completion. The remaining $227,700 will become a 30-year CWCB Loan. <br /> <br /> <br />LOCATION MAP <br />