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C150205 Feasibility Study
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C150205 Feasibility Study
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Last modified
3/11/2011 3:17:40 PM
Creation date
7/11/2007 8:14:39 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C150205
Contractor Name
Veits Pipeline Company
Contract Type
Loan
Water District
34
County
Montezuma
Loan Projects - Doc Type
Feasibility Study
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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Feasibility Study - Number Six Ditch Pipeline Project <br />Prepared by the Number Six Ditch Company, Inc. Board of Directors <br />Jack H. Burk, President <br />Larry A. Lee Jr., Vice President <br />Dan F. Whitehead, SecretarylTreasurer <br /> <br />Introduction <br />The Number Six Ditch Company, Inc. (Company) manages the Number Six and Boss Ditches <br />for the benefit of the Members who own water rights and lands served by the Ditches. Irrigation <br />water is diverted from the Mancos River, southwest of the Town of Mancos in Montezuma <br />County Colorado, and carried in the Ditches to the approximately 506 acre Member service <br />area. The ditches have a combined length of about 5.5 miles serving 24 landowners with a <br />maximum flow of 9.55 cfs of adjudicated water. The Company proposes to consolidate the <br />ditches into a single pipeline for a distance of approximately 3.0 miles with an additional 1.3 <br />miles (approximately) of lateral lines to reach all landowners within the Service Area. <br /> <br />Project Sponsor <br />The Company is a non-profit corporation registered in the State of Colorado. There are 24 <br />landowners in the service area. The Company has the power to assess the Members for <br />operations, maintenance and administrative costs. Twenty three Members (Funding Members) <br />have entered into a Funding Agreement with the Company for repayment of the loan that will be <br />used to finance Project costs. Each landowner's water will be carried in the pipeline and the <br />loan repayment will be shared by the Funding Members in proportion to the maximum <br />adjudicated water flow (cfs) of each Funding Member plus an equal share of the one non- <br />Funding Member's costs. The proposed pipeline will carry a minimum of 9.55 cfs. <br /> <br />Project Service Area and Facilities <br />The approximately 500 acres of irrigated land within the Service Area is used primarily for cattle, <br />horse and hay production. The hay crop is used as livestock feed or is sold. A map of the <br />existing ditches and the proposed pipeline is presented at the end of this document. <br />
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