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<br />. . ' .... <br /> <br />Delta Canal Company <br />May 20-21,2002 <br /> <br />Agenda Item 12a. <br />(Updated May 23, 2002) <br /> <br />Water Project' Construction Loan Program-Project Data <br /> <br />Borrower: Delta Canal Company <br /> <br />County: Delta <br /> <br />Project Name: <br /> <br />Delta Canal <br /> <br />Project Type: <br /> <br />Rehabilitation <br /> <br />Drainage Basin: <br /> <br />Gunnison River <br /> <br />Water Source: <br /> <br />Uncompahgre River <br /> <br />Total Project Cost: $144,200 <br /> <br />Funding Sources: NRCS, CWCS <br /> <br />Type of Borrower: Agricultural <br /> <br />Median Household Income: N/A <br /> <br />CWCB Small Project Loan: $75,000 <br /> <br />Interest Rate: 2.75% <br /> <br />Term: 30 years <br /> <br />CWCB Grant: $0 <br /> <br />Acre-feet Diverted: 1620 acre-feet <br /> <br />The Delta Canal Company operates the Delta Canal for the benefit of its 15 shareholders by <br />delivering water from the Uncompahgre River for irrigation within a 180-acre service area. The <br />canal is located about one mile south of Delta. The canal needs to be rehabilitated by lining it with <br />concrete and constructing individual headgates for water users. The rehabilitated canal will have <br />a capacity of 20 cfs. The Delta Canal Company is a mutual ditch company and a nonprofit <br />corporation registered in the State of Colorado. The NRCS has completed preliminary plans <br />and a cost estimate for the project and the Company has completed the feasibility study. <br />Proposed funding for the project consists of a CWCS Small Project Loan for $75,000 and the <br />remainder from the NRCS in the form of a grant under the salinity program. <br /> <br /> <br />(f c'. <br /> <br />I <br />i <br />i... <br /> <br />lj...... 1..' <br />._~'"I .~t " <br />\L/ <br />'. <br /> <br />\. <br /> <br />" <br />I <br /> <br />, <br />, <br /> <br />\ 'I <br />l. ~\ <br /> <br />"-. <br /> <br />\. <br /> <br />Location Map <br />5 <br />