Laserfiche WebLink
<br /> <br />CWCB Construction Loan Program <br />Project Data Sheet <br /> <br />Borrower: Co unty <br /> Yuma County Water Authority - : Yuma <br /> Public Improvement District <br />Project Name: Project Type: <br /> North Fork Water Water Rights Purchase <br /> Rights Purchase <br />Drainage Basin: Water Source <br /> South Platt e/Republican : North Fork Republican River <br /> <br />Total Project Cost: Funding Sources: <br />$ 20 million CWCB , Bond issuance <br /> Republican River WCD <br />Type of Borrower: Average Delivery : <br /> Agricultural/Compact 2, 5 00AF (Compact Water) <br /> <br />Loan Amount: Interest Rate: Term: <br />$ 9 ,595 ,000 (Including 1% fee) 2 . 25 % 2 0 years <br /> <br />Reduced from 2.5% - 30 year <br /> <br />The Yuma County Water Authority Public Improvement District ( Yuma County PID) is requesting <br />a loan from the CWCB in the amount of $9.5 million to fi nance the North Fork Water Rights <br />Purchase (Project). The loan represents approximately 1/2 of the negotiated purchase price of <br />$20 million for the Project. The Project is needed in order to settle a lawsuit threatening to impact <br />the Northern High Plains D esignated Ground Water Basin boundary and therefore threaten the <br />requirements as well as maintain a vital agricultural economy in the eastern plains of Colorado. <br />ability to repay the CWCB Compact Pipeline Project loan approved by the Board in January 2008 <br />(HB 1346). Closing of the water right purchase is scheduled for December 30, 2008. <br />NORTH FORK <br />REPUBLICAN RIVER <br />WRAY <br />STATE LINE <br />LOCATION MAP <br />