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PROJ02068
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PROJ02068
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Last modified
3/9/2011 3:46:07 PM
Creation date
7/11/2007 10:33:13 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150233
Contractor Name
Tom Hill
Contract Type
Loan
County
Grand
Loan Projects - Doc Type
Approval Letter
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<br />.on <br />':... <br />, <br /> <br />CWCS Construction Loan Program <br />Project Data Sheet <br /> <br />Borrower: Tom Hill <br /> <br />Project Name: McElroy Dam Rehabilitation <br /> <br />Drainage Basin: Colorado River <br /> <br />Total Project Cost: $854,000 <br /> <br />Type of Borrower: Agricultural <br /> <br />Loan: $854,000 (100% of total project cost) <br /> <br />County: Grand <br /> <br />Project Type: Dam Rehabilitation <br /> <br />Water Source: Pass Creek <br /> <br />Funding Sources: CWCB <br /> <br />Average Reservoir Delivery: 240 acre-feet <br /> <br />Interest Rate: 2,5% Term: 30 years <br /> <br />McElroy Dam is a Class III, 35 foot high dam holding 240 AF of irrigation water located in Grand <br />County approximately 5 miles north and west of Kremmling. The Reservoir is on land owned by the <br />State land Board and leased/operated/maintained by the Tom Hill family. On June 17, 2006 the <br />outlet works failed and the embankment of the reservoir began piping through the outlet works. The <br />Hills received a verbal breach order from the SEO. The Project will replace the dam (same size). <br />The Hills spent $100,000 on the emergency breach of the dam, The total breach, engineering and <br />reconstruction cost is $854,000, The Hills loan request is for $854,000 (100% of total costs) due to <br />the emergency nature. Design is presently under review by the SEO. Construction is scheduled to <br />begin in July 2007 with completion by October 2007. The water is used for growing hay for cattle <br />production and sale. <br /> <br /> <br /> <br />('.y, ~ <br /> <br />WOLFORD MOUNTAIN RESERVOIR <br /> <br />\~~";;" <br /> <br /> <br />/'.1 ,~ <br /> <br />/ <br />,./ <br /> <br />I <br />.........1 <br />, <br />I <br />\ <br />\ <br />i <br />\ <br />. >. Dr <br />KREMMLlNG.'\ . <br /> <br />"".,..,". <br />-' <t~,~"-":-'\:-..... <br /> <br />, :O\,~CELROY RESERVOIR <br /> <br /> <br /> <br /> <br />I '_II @ <br />l-i_~~G <br />,.:::,. .~- -- <br /> <br />r -:-)~ @ .s-....;../.. <br />j"""~,... :..... ~ ..010' r~:,; '. e ~ t>boU <br /> <br /> <br /> <br /> <br /> <br /> <br />-I~~:~~~~~~~:g~~ <br /> <br /> <br /> <br /> <br />Q> <br /> <br />.,.;i'~. <br /> <br />"'^,:I...~ : 3J-~'7 <br />":'~~"'.'1lf<_, <br /> <br />LOCATION MAP <br />
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