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PROJC01847 (2)
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PROJC01847 (2)
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Last modified
8/4/2011 11:39:08 AM
Creation date
9/22/2008 11:36:01 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150188
Contractor Name
Bull Creek Reservoir, Canal & Power Company
Contract Type
Loan
Water District
0
County
Mesa
Loan Projects - Doc Type
Approval Letter
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<br />, , <br /> <br />.~ <br /> <br />CWCS Construction Loan Program <br />PROJECT DATA SHEET <br /> <br />Borrower: Bull Creek Res. Canal & Power Co. County: Mesa <br /> <br />Project Name: Res. Rehabilitation/Enlargement Project Type: Dam/Spillway Modifications <br /> <br />Drainage Basin: Colorado River Water Source: Bull Creek <br /> <br />Total Project Cost: $660,000 Funding Sources: CWCB & Company <br /> <br />Type of Borrower: Agricultural Adjudicated Delivery: 850 acre-feet <br /> <br />Loan Amount: $594,000 <br /> <br />Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />The Bull Creek Reservoir, Canal and Power Company is located in Mesa, Colorado, and has a service <br />area of approximately 800 acres. The Company operates the Bull Creek Reservoirs that provide <br />irrigation water to shareholders. The Company wants to repair Reservoir Nos. 1 & 2 and repair and <br />enlarge NO.4 to remove the current restriction and provide additional storage necessary to store the <br />Company's decreed rights. Currently the Company has a Stipulation and Agreement with the SEO that <br />requires the Company to make modifications necessary to return the reservoir storage to the decreed <br />amounts to avoid losing senior rights. The Project is located on the US Forest Service property and will <br />require a Special Use Permit for access roadway work and dam construction. The reservoirs are remote, <br />and located at 10,000 feet elevation and will require special mobilization techniques. Winter weather <br />begins in mid October therefore an aggressive construction schedule will be necessary. <br /> <br /> <br />I' <br />reo <br />('0 <br /> <br />LOCATION MAP <br />
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