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<br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: San Luis Valley Irrigation District <br /> <br />County: Hinsdale <br /> <br />Project Name: Rio Grande Reservoir <br /> <br />Project Type: Enlargement <br /> <br />Drainage Basin: Rio Grande River <br /> <br />Water Source: Rio Grande River <br /> <br />Total Project Cost: (To be determined) <br /> <br />Funding Sources: CWCS and District <br /> <br />Type of Borrower: Agricultural <br /> <br />Median Household Income: N/A <br /> <br />CWCB Loan: (To be determined) <br /> <br />Interest Rate: 2.75% Term: 30 years <br /> <br />eWCB Grant: $5,000 <br /> <br />Existing Reservoir Volume: 51,113 acre-feet <br /> <br />The San Luis Valley Irrigation District is located in Center Colorado, and has a service area of 62,080 <br />acres. The District operates the Rio Grande Reservoir and 162 miles of ditches to provide irrigation <br />water to its shareholders. The District wants to study enlargement of the Rio Grande Reservoir to <br />provide added storage. James Passage, P.E. of Passage Consulting will complete the feasibility study. <br />If the project is found to be feasible, proposed funding would consist of a Construction Fund Loan and <br />a $5,000 Feasibility Study Grant from the CWCS, and the remainder from the District. <br /> <br /> <br />Location Map <br />