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Water Project Loan Program - Project Data Borrower: County Ogilvy Augmentation Company : Weld Project Name: Project Type: Well Augmentation Project Well Augmentation Drainage Basin: Water Source: South Platte Cache La Poudre Total Project Cost: Funding Sources: $1,112,000 CWCB, Company Type of Borrower: Average Delivery: Agricultural 60 acre-feet CWCB Loan: Interest Rate: Term: $1,010,808 (Including 1% fee) 2.5% 30 years The Ogilvy Augmentation Company (Augmentation Company) was established in 2005 to augment wells that operate under the Ogilvy Irrigating and Land Company service area. Approximately 1,400 acres of land are irrigated by the Augmentation Company members in an area north of Kersey, Colorado. There are 17 wells in the Augmentation Company that operate under its temporary subsitute water supply plan (SWSP). The SWSP is currently operated using leased water. A permanent water supply is necessary for the Augmentation Company to obtain a permanent augmentation plan. Funds are being requested from the CWCB to: purchase water rights, construct a recharge facility, construct a storage reservoir, and install monitoring devices. The Augmentation Company intends to purchase the water rights upon th e approval of the CWCB funding and construct the recharge facility in fall/winter of 2008. It will file for its permanent augmentation plan in early 2009. Once the permanent augmentation plan is ap proved, construction will begin on the storage reservoir. Cache La Poudre Rive r Greeley Kersey South Platte Rive r Location Map