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C150263 Approval letter
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C150263 Approval letter
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Last modified
3/9/2011 2:15:42 PM
Creation date
7/7/2008 11:13:08 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150263
Contractor Name
Loveland Lake and Ditch Company
Contract Type
Loan
Water District
0
County
Larimer
Loan Projects - Doc Type
Approval Letter
Supplemental fields
Water Division
1
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<br />Water Project Loan Program - Project Data <br /> <br />Borrower: Loveland Lake and Ditch Company County: Larimer <br /> <br />Project Name: Loveland Reservoir Inlet Project Type: Ditch Rehabilitation <br />Improvements <br /> <br />Drainage Basin: South Platte Water Source: Big Thompson River <br /> <br />Total Project Cost: $135,000 Funding Sources: CWCB, Company <br /> <br />Type of Borrower: Blended (Ag., Municipal Aver. Diversion: 2,900 acre-feet <br />High Income) <br /> <br />CWCB Loan: $106,050 (Including 1% fee) <br /> <br />Interest Rate: 2.20% Term: 20 years <br /> <br />The Loveland Lake and Ditch Company owns and operates the Loveland Reservoir just west of <br />Berthoud, CO. Currently the inlet capacity to the reservoir is limited to 20 cfs, which does not allow <br />the Company to fill the Reservoir when in priority. This project consists of constructing a new inlet <br />pipeline with a capacity of 50 cfs. Improving this inlet will increase the odds of filling the Reservoir <br />to its decreed amount when it is in priority; therefore allowing the company to deliver water to <br />shareholders. <br /> <br /> <br />Location Map <br />
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