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PROJC01804 (3)
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PROJC01804 (3)
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Last modified
10/11/2011 8:56:04 AM
Creation date
7/28/2008 3:01:33 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150138
Contractor Name
Supply Irrigating Ditch Company
Contract Type
Loan
Water District
0
County
Boulder
Loan Projects - Doc Type
Approval Letter
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, <br />� <br />� <br />. � <br />Supply Irrigating Ditch Co. Agenda Item 11b. <br />January 24-25, 2001. <br />Water Project Construction Loan Program-Project Data <br />Borrower: Supply Irrigating Ditch Company <br />Project Name: Knoth Reservoir Dam <br />Drainage Basin: South Platte <br />Total Project Cost: $1,900,000 <br />Type of Borrower: Agricultural <br />CWCB Loan: $1,700,000 <br />County: Boulder <br />Project Type: Rehabilitation <br />Water Source: St. Vrain Creek <br />Funding Sources: Company and CWCB <br />Blended Interest Rate: 3.5% <br />Term: 30 years <br />CWCB Grant: $5,000 Average Annual Volume of Water to be diverted: 9,500 AF <br />The Supply Ditch is located in Boulder County, 4 miles north west of Longmont, and diverts water from St. <br />Vrain Creek. The Supply Irrigating Ditch Company operates the ditch to supply water to 160 shareholders <br />for irrigation within the 8,500-acre service area. The Company wants to rehabilitate the Knoth Reservoir <br />for use as an equalizer, and for storage under a conditional decree for 542 acre-feet. Rehabilitation work <br />would be done in fall-winter 2001 /2002. The average annual volume diverted now is 9,500 acre-feet, <br />which will increase to 10,040 acre-feet with the project in place. The Supply Irrigating Ditch Company is a <br />mutual ditch company and a nonprofit corporation registered in the State of Colorado. Duane Smith P.E., <br />of Smith Geotech Inc., has completed the feasibility study. The Company received a$5,000 CWCB grant <br />for �/z the cost of the study. Proposed funding for the project consists of a CWCB loan in amount of <br />$1,700,000 and $170,000 from the Company. <br />;; <br />:, � <br />� <br />R�s,�° <br />� Location Map <br />5 <br />
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