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CWCB Construction Loan Program <br />Project Data Sheet <br />Borrower: County <br /> New Salida Ditch Company : Chaffee <br />Project Name: Project Type: <br />Ditch Pipeline Project Ditch Piping <br />Drainage Basin: Water Source <br /> Arkansas : Arkansas River <br />Total Project Cost: Funding Sources: <br />$402,000 Company & CWCB <br />Type of Borrower: Average Diversion: <br />Agricultural 7,000 acre-feet <br />Loan Amount: Interest Rate: Term: <br />$365,620 (including 1% service fee) 2.5% 30 years <br />The New Salida Ditch Company owns and operates th e New Salida Ditch (Ditch) to deliver water to <br />agricultural users from the Ar kansas River (River) through a diversion in Browns Canyon. The <br />diversion is located 10 miles north of Salida and is approximately ei ght miles from its diversion to <br />its end at Ute Gulch. In Browns Canyon, the Ditch runs parallel to the River for 1.25 miles. This <br />section has historically been diffi cult for the Company to maintain and has suffered frequent breaks <br />resulting in costly repairs and discharges of sand and gravel into the River. In 2005, during <br />maintenance repairs, the Ditch broke and gravel wa s accidently deposited into the River resulting in <br />a citation from the Colorado Department of Pub lic Health and Environment (CDPHE). As a <br />resolution of this dispute, the Company and CDPHE entered into an agreement requiring the <br />Company to enclose a portion of the Ditch to preven t the potential for future discharges of material <br />due to ditch breaks in this area. Through this Project, the Company will install approximately 3,200 <br />feet of 42 inch pipe along the existing ditch profile. Construction will begin in February 2009 with <br />completion in the spring of 2009. <br />Location Map <br />