|
<br />~
<br />
<br />Water Project Construction Loan Program - Project Data
<br />
<br />Borrower: Lincoln Park Crooked Ditch Co.
<br />
<br />County: Fremont
<br />
<br />Project Name: Crooked Ditch
<br />
<br />Project Type: Ditch Rehabilitation Project
<br />
<br />Drainage Basin: Arkansas
<br />
<br />Water Source: South Canon Ditch (Arkansas)
<br />
<br />Total Project Cost: $2,000,000
<br />
<br />Funding Sources: CWCS, LPCDC
<br />
<br />Type of Borrower: Municipal/Low
<br />
<br />Aver. Delivery: 1,850 AF
<br />
<br />CWCB Construction Fund Loan: $1,818,000 Interest Rate: 3.25% Term: 30 years
<br />(incl. 1 % loan fee)
<br />
<br />LPCDC, a Colorado mutual ditch company, provides irrigation water to a 500-acre service area in
<br />Lincoln Park, immediately south and adjacent to Canon City, in unincorporated Fremont County.
<br />There are 362 shareholders and 3,675 shares of stock. The irrigated acreage in the service area is
<br />primarily residential lawns and gardens, hobby farms and pastures. Typical lot and tract sizes are
<br />0.25 to 5+ acres. LPCDC has several senior water rights and diverts from the Arkansas River
<br />through the South Canon Ditch. The LPCDC ditch system has several branches totaling 62,220
<br />lineal feet (If) or about 11.8 miles in length. The ditch consists of 29,075 If of 36"and 8,540 If of 24"
<br />of concrete pipe, 16,085 If of 18" concrete/PVC pipe, and 8520 If of open ditch. The existing,
<br />original piping (hand-poured concrete) has deteriorated and there are numerous leaks in the system
<br />due to age and wear. The ditch suffers from significant water loss, and the deteriorated pipe poses
<br />a threat to property and individuals should the pipe fail. The proposed project involves replacing
<br />the most deteriorated piping in the system 30,225 If with HOPE (High Density Polyethylene) over a
<br />two-year period, in order to stop water loss and restore system reliability. The first year will consist
<br />of 15,365 If (10,385 If - 36"; 4,980 If - 18"), and will include the vulnerable section along the bluff
<br />overlooking the Arkansas River. The second year will consist of 14,860 If (11,290 If of 36" pipe
<br />replacement, and conversion of 3570 If of open ditch to 36" pipe.)
<br />
<br />Guley ! I! ~Pf.~~ 'J;( .. !
<br />
<br />____--- ...__~"f;'-. _., ..IZ~:;,\......~l..... ". .j.t
<br />.-:I $ ~~ "i~p" llWllWt IllBlWR
<br />t""- (~, IL !WI\.
<br />. , ~ -~,.I -<_,_--.~;:~",,---
<br />"~,.~.,'",<,l'~-""::-~- '.~7-_.._..~.._..~... ,-r'.",.,_ - /. ....'
<br />-:.. ,.__;-_ ~.1j-,,;;'j'" '~( /.;.... ,.
<br />Ii r:'" \
<br />~- -'-'~~~!J- -- i( (1 ""
<br />~ E ~
<br />
<br />:\'i)?
<br />f('
<br />'\,
<br />Ca nOIl )
<br />City '6.
<br />dl
<br />m
<br />
<br />
<br />EI
<br />
<br />FREl\<IONT
<br />
<br />lid
<br />
<br />P U)
<br />
<br />ISABEl
<br />AI. ~ORESf
<br />
<br />~. sI.l. i'" /t
<br />~. ...--....-.--. ---1\-----/,Ioc.~--..-JlIt.
<br />p 'I ~ ~ ~
<br />.. .. tI'_. II. .""J.- ,\,. ~.. W.tm.,.
<br />}" Y.. .. ,I, [Jp. "':"I!.'l:" ,,~.... ~:-"'- /" ,-;;...'
<br />
<br />Location Map
<br />
|