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<br />~ <br /> <br />New Cache La Pouclre Irrigating Company <br />November 19-21 2003 <br /> <br />Agenda Item 8b <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: New Cache La Poudre Irrigating Co. <br /> <br />County: Weld <br /> <br />Project Name: Barnesville, Cornish Plains, <br />and Drury Reservoirs <br /> <br />Drainage Basin: South Platte <br /> <br />Project Type: New Equalizer and Storage <br />Reservoirs <br /> <br />, Water Source: Cache La Poudre River <br /> <br />Total Project Cost: $9,542,000 <br /> <br />Funding Sources:CWCB, NCLPIC <br />Aver. Delivery: 4500 acre-feet <br /> <br />Type of Borrower: Agricultural <br /> <br />CWCB Construction Fund Loan: $7,200,000 Interest Rate: 2.50% <br /> <br />Term: 30 years <br /> <br />The NCLPIC currently provides irrigation water to service approximately 35,000 acres in Larimer <br />and Weld counties, located immediately north of the Cache La Poudre and South Platte rivers <br />between Windsor and Barnesville. Water is diverted from the Cache La Poudre River by the New <br />Cache Diversion Structure located near Timnath, to feed the Greeley Canal No.2, which NCLPIC <br />. manages in order to provide water for its shareholders. Average delivery is about 37,500 acre-feet <br />per year. The purposes of the project are to provide water storage to equalize ditch flows, to <br />improve the efficiency and reliability of the NCLPIC system, provide storage to meet excess <br />demand in order to benefit the shareholders and other water users in the Cache La Poudre and <br />South Platte river basins, and to augment groundwater supplies to compensate for well pumping. <br />The intent of the proposed project is to construct three reservoirs near Barnesville, about 11 miles <br />northeast of Greeley, to equalize ditch flows, improve system efficiency (approx. 2000 AF/year), <br />and provide additional storage (approx. 2500 AFlyear) to meet excess demand. The project will <br />consist of the 300 acre-foot Barnesville Equalizer Reservoir, the 1600 acre-foot Comish Plains <br />ReseNoir, the 600 acre-foot Drury Reservoir, a diversion structure to divert water from the North <br />Side Extension Ditch into the Barnesville Equalizer, a pump station, and 2450 If of 315" pipeline and <br />5870 If of 24"pipeline connecting the 3 reservoirs. <br /> <br /> <br />Location Map <br /> <br />Page 7 of 7 <br />