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PROJ01963 (2)
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PROJ01963 (2)
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Entry Properties
Last modified
3/10/2011 3:27:31 PM
Creation date
3/3/2008 3:28:52 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150249
Contractor Name
Black Dike Pipeline Company
Contract Type
Loan
Water District
0
County
Montezuma
Loan Projects - Doc Type
Approval Letter
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<br />CWCS Construction Loan Program <br />Project Data Sheet <br /> <br />Borrower: Black Dike Pipeline Company County: Cortez <br /> <br />Project Name: Pipeline Project Project Type: Ditch Piping for Salinity Control <br /> <br />Drainage Basin: San Miguel-Dolores/San Juan Water Source: McElmo Creek: <br /> <br />Total Project Cost: $598,000 Funding Sources: NRCS, CWCB <br /> <br />Type of Borrower: Ag/Middle Income Municipal Average Delivery: 1003 acre-feet <br /> <br />Loan Amount: $207,000 (Initial loan $598,000) Interest Rate: 2.85% <br /> <br />Term: 30 years <br /> <br />The Black Dike Pipeline Company is a non-profit corporation established in the State of Colorado in <br />2007. The Company manages the Black Dike Ditch for the nine members that own water rights and <br />land served by the ditch. The diversion point is located on McElmo Creek west of the Cortez. The <br />ditch is approximately four (4) miles long and carries approximately 7.75 cfs. The proposed ditch <br />pipeline project will install new PVC piping from 21-inch to 15-inch pipe along with metered delivery <br />points at member-owned lands. NRCS has provided planning and design services, however it is the <br />intent of the borrower to hire Harward Irrigation Systems to provide final design and construction <br />services. CWCB funding will consist of an initial loan of $598,000 that will be reduced by an NRCS <br />Colorado River Basin Salinity Control Program grant of $391,000 following project completion. The <br />remaining $207,000 will become a 30-year CWCS Loan. <br /> <br />"""J~ <br /> <br /> <br />_1if~QJ;1''''Q <br /> <br />'. .~ <br />, l <br />I : <br />! $. .. <br /> <br />...iX..:;}"....'.... <br />.1 .':; " ". .'~', .," <br />. ' >> <br />'.,.,~:. ...., .." " <br />,-: ,," -,,". "'. <br />'-. ....,..... ,-- <br />/ .. . 'I; -., <br /> <br />fe. utA-ii -~-.<..,..',:;. ....-'. ,'. ."'" ' <br />:'AC!Z' <br /> <br />:'::'%1~v;" <br /> <br />,:t".; <br /> <br />,.,; ",..~. <br />:i~Y <br /> <br />"- <br />\~ <br /> <br />.. ,;;-, ",-,' <br /> <br /> <br />,l;~;:.:E:~,~,J<'> ~\_.. <br /> <br />, <br /> <br />Copyright (e) 1959. r.!.aptceh. Inc. <br /> <br />LOCATION MAP <br />
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