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1JUater Proje~~t Construction Lo~n Pr~grarn - Pro~e~t Data <br />Borrower: Greeley i~rigation Company County: Weld <br />P~o~ec~ Name: GreeEey Canal No. 3 Pro~ec~ Type~ D~tch RehabEli~ation <br />Drainage Basin: South Pla~te Water Source: Cache La Poud~e River <br />Tota~ Pro~ect Cost: $2,457,50~ Funding Sources: CWCB, G~C <br />Type of Borrower: AgriculturallMun~c~pal Aver. Delive~y: ~ 8,~00 acre-fe~t <br />CINC~ Construc~ion Fund Loan: $~,233,8G7 In#e~es~ Ra~e: 2.85% Te~m: 3~ years <br />~incl. ~% loan fee7 <br />G1C prov~des irriga#ion water to a serv~ce area of 2,367 acres in Weld County, genera~ly within ~he <br />City o~ Greeley and east of the Cify. GfC operates the Greeley Canal No. 3, constructed in 1870 <br />by the Un~on Colony. !n 1875, the Union Colony deeded an undivided 31Sths interest in the Canal <br />to the then Town of ~reeley. In ~ 882, ~he GIC was incorpo~ated and the Union Colony quit-c~aimed <br />its remaining 518ths interest in the Canal to GIC. About ~,100 acres of the 3,500 originaf ~rrigated <br />acres have been subject to dry-up, and uvater converked to augmentation use. Present canal usage <br />is ~aughiy 'l13 Cify of G~eeley, 113 ag~iculfurai irrigation, and ~l3 augmentation. GIC faci~~ties cons~s~ <br />of a river diversion structure, app~aximateiy ~3 miles of earthen canal, check structures, delivery <br />headgates, spil! structures, trash screens, and o~her minor structures. A portion of ~hese ~aci~i~ies <br />are in need of repair, upgrades, or replacement. GIC diverts water from the Cache ia Poudre River <br />wes~ of Gr~eley and the canai terminates east of approx. ~2 mi~es d~wnstream. Average annual <br />headgate d~versions a~e ~ 8,678 acre~fee~. GIC alsa receives about ~ 3Q~-1400 acre feet annually <br />frorn Fossil Creek Reservoir. Combined delivery ~rom d~rect ~low diversions and sto~age is about <br />18,D0~ AF. The GIC Boa~d is under~aking a number of phased improvements to the canal <br />inc~~ding: 1~ repairs to, and partial replacement of, the r~verdiversion; 2} piping or ~ining of portions <br />of the canal; 3} consideration of canal automation using supe~v~sory can#rol and data acquisition <br />~SCADA} equ~pment; 4~ tree removai and tree pruning; 5~ cana! realignment, reshaping, and <br />straighfening; and 6~ removai or repai~ of selected headga~es and instafiat~on of new headgates. <br />This ~s the first step of a phased canal modern~z~tion, that would have the effect of imp~oving <br />overal~ canal opera~ions and operafiona! efficiency; increasing consistencyof shareholderheadgate <br />deliveries; decreasing operat~onal ~~abilities; and reduc~ng un~ecessary operational spills. <br />~ <br />~~ <br />~~~i <br />~~~~ <br />! ~, ~ :- , <br />~~ <br />~ <br />~g~ ~ <br />~ ~ ~~k <br />i ~°~~ I <br />4 <br />~ <br />~~~ <br />? ~~~ <br />~ <br />~ ~ ~ $ ~~~ <br />~ <br />~ <br />~ ~~ , ~~ <br />~ <br />~ 1...~~~~~~~~~~ ~`~~:~~~ <br />~~-. _-- ~ <br />R - u~ <br />~ ~ ~ ~~ ~~. ~ - _~ * ~, <br />~ ~~ ~p <br />~ _ ~~~ ~ <br />.~ <br />r ~ ~.y <br />_ <br />~ ~J ~ ~,,.~... <br />~ 'y;," a-~ , ~ ~~, ~ - ~ :'° ~ <br />~1 " °~- <br />~ L~ ~a <br />~~ ~ <br />~R <br />~~ f~~~~ ~ a I I ~ ~` ~ <br /> <br />