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PROJ01895 (2)
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PROJ01895 (2)
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Last modified
5/8/2015 2:46:25 PM
Creation date
2/21/2008 2:41:59 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C153768
Contractor Name
Lower Arkansas Water Management Association
Contract Type
Loan
Water District
67
County
Bent
Prowers
Bill Number
SB 96-124
Loan Projects - Doc Type
Contract Documents
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<br />I <br /> <br />The Amity irriga~ion system is located about nine miles below John Martin Reservoir in <br />the Lower Arkansas Basin. Please see the attached schematic diagram prepared by Helton <br />& Williamsen, LA. WMA's engineering consultant. The Amity has a long record of <br />diversions and can store water in both the Great Plains Reservoir System as well as lohn <br />I <br />Martin Reservoir~ <br />I <br />I <br /> <br />Helton & Williarltsen have estimated the Amity's average consumptive use as 1.27 acre- <br />feet per share for ithe years 1950 to 1994. The purchase of 270 shares would then yield <br />about 343 acre-fe~t of consumptive use for LA WMA' s augmentation program. LA WMA <br />is proposing to pay about $675 per acre-foot of average consumptive use on the Amity <br />purchases, which lis essentially the same acre-foot price presented to the Board for the <br />Fort Bent shares. [he total purchase price would be $231,458. <br />i <br /> <br />Table 1 summariies the LA WMA water rights acquisitions financed or proposed to be <br />I <br />financed by CWqB loans. <br /> <br />I <br />Tabl~ 1. LA WMA Water Rights Financed with eWeB Loans <br /> <br />I <br /> <br />i <br />Purchase <br />I <br /> <br /> <br />Cost <br /> <br />Cost per Ac-Ft <br />of Cons. Use <br />$484 <br />$475 <br />$673 <br />$675 <br />$577 <br /> <br /> <br />$1,937,440 <br />$651,394 <br />$3,124,371 <br />$231,458 <br />$5,944,663 <br /> <br />DiscussioI.1 of Amitv ACQuisition <br />i <br />Helton & Williamsen have estimated that LAWMA's mainstem irrigation wells will <br />pump 67,500 acre~feet per year in an average year and 100,000 acre-feet in a dry year. <br />The estimated replacement requirements would be 18,049 acre-feet in an average year <br />and 24,435 acre-fe~t per year in the second consecutive dry year following a series of <br />average years. ' <br /> <br />The average annual yield of LA WMA's curren't replacement sources, assuming all 3,569 <br />Highland shares ar~ secured, is estimated by Helton & Williamsen at 17,680 acre-feet <br />leaving an average lannual deficit of about 369 acre-feet. The acquisition of 270 Amity <br />shares with an avenage annual yield of 343 acre-feet would result in almost total coverage <br />of LA WMA's depletions in an average year. <br /> <br />The amount currently available to lend under Contract No. C153768 is $424,416. After <br />subtracting out the funds necessary to purchase the additional 187 Highland shares, about <br />$265,000 would remain to purchase either the Amity or Fort Bent shares as outlined <br />above and in the May 1997 presentation to the Board. <br /> <br />2 <br /> <br />I 2 <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />, <br /> <br />- <br />
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