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C150279 Approval letter
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C150279 Approval letter
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Last modified
5/9/2011 1:44:50 PM
Creation date
12/2/2008 10:07:07 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150279
Contractor Name
Boulder White Rock Ditch and Reservoir Company
Contract Type
Loan
Water District
0
County
Boulder
Weld
Loan Projects - Doc Type
Approval Letter
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Water Project Loan Program -Project Data <br />Borrower: Boulder White Rock Ditch & Res Company County: Boulder/Weld <br />Project Name: Panama Reservoir Outlet <br />Drainage Basin: South Platte <br />Total Project Cost: $2,673,000 <br />Type of Borrower: 52% Ag. / 48%High-Income Muni / <br /><1% Municipal <br />CWCB Loan: $2,430,060 (Including 1% fee) <br />Project Type: Reservoir Pump Station <br />Water Source: Boulder Creek <br />Funding Sources: CWCB, Company <br />Average Diversion: 12,000 acre-feet <br />Interest Rate: 3.45% Term: 30 years <br />The Boulder White Rock Ditch and Reservoir Company (Company) delivers irrigation water to land <br />in Boulder and Weld Counties. It diverts water from Boulder Creek in downtown Boulder through <br />the Boulder White Rock Ditch and stores water in two of its facilities: Six Mile Reservoir and <br />Panama Reservoir. Due to recent operational changes, the Company no longer exchanges water with <br />nearby ditches and needs to improve the flexibility in its own system to meets its shareholder's <br />needs. The Company intends to build a reservoir pump station at the Panama Reservoir outlet in <br />order to use water stored in the reservoir that is unable to be accessed through the existing gravity <br />outlet. The Project design is expected to be complete in the fall of 2008 with construction occurring <br />during the falUwinter of 2009/2010. <br /> <br />~ Boulder White <br />Rock Ditch <br />Six Mile ~~ ' <br />_ ~' Reservoir ~ <br />. ~ ~ <br />Boulder ,. <br />..r . <br />,;.; .. <br />: _ <br />~~ ~ - , <br />.~ <br />~: <br />~r <br />'_~ <br />~- .. <br />'- <br />Upper Lateral <br />~~ . ~ / <br />_ .,. <br />South <br />Branch <br />~ Boulder Creek <br />I North I <br />Branch <br />~. <br />Panama <br />Reservoir <br />~ !Boulder 8 White Rock Ditch System <br />N <br />Location Map <br />
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