C150185 Approval Letter

• Contract/PO #: C150185
• Contractor Name: Mancos Valley Beaver Ditch Company
• Contract Type: Loan
• Water District: 34
• County: Montezuma
• Loan Projects - Doc Type: Approval Letter

CWCB Construction Loan Program
Project Data Sheet
(REVISED PROJECT COST)
Project Type: Ditch Piping for Salinity Control
Water Source: Mancos River
Funding Sources: NRCS, CWCB
Average Delivery: 1431 acre-feet
Loan Amount: $913,798 ($235,236 Post-Construction} Interest Rate: 2.5% Term: 30 years
The Mancos Valley Beaver Ditch Company is anon-profit corporation registered in the State of
Colorado in 2003. The Company manages the Beaver Ditch for the five members that own water
rights and land served by the ditch. The diversion point is located southwest of the Town of
Mancos. The ditch is approximately 4.6 miles (24,000 feet) long and carries approximately 12.5 cfs.
The proposed ditch pipeline project will install new PVC piping along with metered delivery points at
member-owned lands. NRCS will provide planning, design and field engineering .services.
Proposed CWCB funding consists of an initial loan from CWCB for $913,798 that will be reduced by
an NRCS CRB Salinity Control Program grant for $678,562 following project completion. The
remaining $235,236 will become a 30-year CWCB Loan.
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LOCATION MAP
Borrower: Mancos Valley Beaver Ditch Co
Project Name: Beaver Ditch Pipeline Project
Drainage Basin: San Miguel-Dolores/San Juan
Total Project Cost: $904,750
Type of Borrower: Agricultural
County: Montezuma
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