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<br />CWCS Construction Loan Program <br />Project Data Sheet <br /> <br />Borrower: Lazy 0 Ranch Homeowners Assoc. County: Pitkin <br /> <br />Project Name: Secondary Water Supply System Project Type: Secondary Water System <br /> <br />Drainage Basin: Colorado River Water Source: Capitol Creek <br /> <br />Total Project Cost: $152,258 Funding Sources: HOA, Bank Loan, CWCB <br /> <br />Type of Borrower: Municipal (High Income) <br /> <br />Loan: $150,750 <br /> <br />Average Delivery: 13 acre-feet <br /> <br />Interest Rate: 4.25% Term: 30 years <br /> <br />The Lazy 0 Ranch Homeowners Association (LORHOA) is applying for a $152,258 loan to <br />construct a secondary water system to provide outside irrigation water to 21 home sites within the <br />ranch. The LORHOA was formed in 1987 and is located in Pitkin County. The ranch consists of <br />1,500 acres, 500 acres of dedicated agricultural land and 900 acres of dedicated wildlife <br />preservation. The remaining 100 acres of the ranch consists of 21 home sites, ranging in size from 2 <br />to 6 acres. Currently, 11 homes have been constructed and all the other remaining home sites have <br />been sold. Each property owner or shareholder owns an equal share of the ranch, to include the <br />1,400 acres o[agriculturalland and wildlife preserve. The project consists of installing 7,500 feet of <br />2-inch to 6 inch PVC pipe, 21 curb stop valves, and 2- 10 horsepower variable speed pumps, with <br />pump house, at a total project cost of$167,500. <br /> <br />..... \89 'II~H!7' <br /> <br />'" h Walden <br />'318' <br />r - 14 14 <br />40 ,-, <br />~ '40 Steambo '-- <br />Sprin _ ~ <br />> . ~ ,''', ,~. <br />. D'Mwf r '789' . ~ '40' ~ <br /> <br />~~ r~4~ '1~31' ,-~r-' l::~d <br />I Meeier 114 40 <br /> <br /> <br />) '40 <br />13 _ ,;31' 9 1 <br />.139, '325' ,A <br /> <br /> <br />82 <br />:;\1-33' -\ leadVltte <br />T Aspen---'82 i4' <br />~ <br /> <br />LOCATION MAP <br /> <br /> <br />4'iy.. <br />... <br /> <br />," <br />