|
<br />CWCB Construction Loan Program
<br />Project Data Sheet
<br />
<br />Borrower: Headgate 135 Lateral, Inc.
<br />
<br />County: Mesa
<br />
<br />Project Name: Headgate 135 Pipeline Project
<br />
<br />Project Type: Ditch Piping for Salinity Control
<br />
<br />Drainage Basin: Colorado
<br />
<br />Water Source: Grand Valley Canal
<br />
<br />Total Project Cost: $260,000
<br />
<br />Funding Sources: NRCS, Partners, & CWCB
<br />
<br />Type of Borrower: Municipal - Low
<br />
<br />Average Delivery: 1,000 acre-feet
<br />
<br />Loan Amount: $136,600 (Initial loan $262,600) Interest Rate: 3.5%
<br />(including 1 % service fee)
<br />
<br />Term: 30 years
<br />
<br />The Headgate 135 Lateral, Inc. manages the 135 Lateral, which starts at the Grand Valley Irrigation
<br />Company's (GVIC) Headgate 135 and delivers irrigation water to the 100 shareholders in the
<br />Corporation. Members own shares of GVIC water which is conveyed to properties via the Lateral.
<br />The headgate is located east of Grand Junction near the intersection of E Road and 31 Rd. The
<br />Project is approximately 4800 feet new 15 to 6 inch PVC pipe that carries approximately 3.0 cfs.
<br />NRCS has provided planning and design engineering services. The total project cost is $260,000.
<br />The design is scheduled for this summer and construction is scheduled for the fall of 2008. Proposed
<br />CWCB funding consists of an initial loan from CWCB for $262,600 that will be reduced by an
<br />NRCS grant and several other project participants. The remaining $136,600 will become a 30-year
<br />CWCB Loan.
<br />
<br />
<br />GRAND VALLEY CANAL
<br />
<br />.......P2\..'.:..... ............. ".' .......H...."...."...
<br />. . . ", .
<br />-t',
<br />0' '.", ':." -~..
<br />. - "" _r
<br />.. '.
<br />. ", -
<br />,',_I - - _....,.
<br />.,,' .... .
<br />"." -.. .
<br />-." ..' "
<br />
<br />!;
<br />
<br />'.. :4-"
<br />
<br />L.,_...~,~i~......:,~~~:~:~:~'~~.:~~~!-.>ii
<br />
<br />"eolif'~~-:- '~:" :;;~.,.-;,._.
<br />: ~ ..... ~~! >
<br />"/f~'. KA"';...iii'
<br />
<br />e,"I"!;\~'. .;.;:,:~~,;~
<br />
<br />.. (~~ : . "t';I~...'h,; l;.(>l~l;'
<br />M~:Tf'.~,~. ,._.,_~\____::,,.~-!'w..:_: '[ _ .. ._...5~~'. ~ill
<br />"'.....~....',.'~..,...., __':"~1:.
<br />
<br />~",~~~;..- ~) ...;:!6~ tt.
<br />
<br />.;_.,i:~(o'Irr..~~',. :
<br />iii. . .
<br />
<br />e 8
<br />i~::,:.,;;.,.:.~..:,:~.~,...,..~,-,....~,.:....~.~..:.,..~~...._~.'i.o.:...-J.....~.c....~.:.,~.~:.~ ~7~,:.'.~. :A~,'.-,'.~;:,~,..~.";-';>., .'~ -" "~;:;
<br />'~. ~. ~' .- ~ ~~ .. -~.;;(,..~ ~~?:rj:~~.iC22i-?:.1
<br />
<br />'" ,~. i. ~;, i
<br />. ~'~~~':~;~'~ '-~ ~~;,t '. ;(::~ 1
<br />~i
<br />
<br />LOCATION MAP
<br />
|