Laserfiche WebLink
<br />-.' <br /> <br />Poudre Tech Metropolitan District <br />November 25-26, 2002 <br /> <br />Agenda Item 20i. <br />(Updated December 4, 2002) <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Poudre Tech Metropolitan District <br /> <br />Project Name: Water Valley <br /> <br />Project Type: Dual Water System <br /> <br />Cou nties: Weld <br /> <br />Drainage Basin: South Platte Water Source: Cache la Poudre <br /> <br />Total Project Cost: $5,701,067 <br /> <br />Funding Sources: Borrower and CWCB <br /> <br />Type of Borrower: Municipal <br /> <br />Median Household Income: High <br /> <br />CWCB Loan: $2,180,000 <br /> <br />Interest Rate: 4.75% Term: 30 years <br /> <br />Annual Volume of Water delivered: 740 acre-feet <br /> <br />The Poudre Tech Metropolitan District is located in Weld county and supplies water for <br />outside irrigation within the Water Valley and Hilltop subdivisions, within the Town of <br />Windsor. The District is in the process of expanding its dual water system to serve up to <br />1500 additional homes. The Poudre Tech Metropolitan District was formed in 1994 <br />under Colorado's Special District Act. It has the power to construct and operate facilities, <br />levy taxes, and issue debt subject to the provisions of TABOR. The District has <br />completed the feasibility study. Project funding will come from a $2.18 million loan from <br />the GWCB, and the remainder from the District. <br /> <br /> <br />r <br /> <br />Location Map <br />5 <br />