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<br />CWCB Construction Loan Program
<br />Project Data Sheet
<br />Borrower: Yuma County Water Authority - County: Yuma
<br />Public Improvement District
<br />Project Name: North Fork Water Project Type: Water Rights Purchase
<br />Rights Purchase
<br />Drainage Basin: South Platte/Republican Water Source: North Fork Republican River
<br />Total ProJect Cost: $20 million
<br />Type of Bortower: Agriculturat/Compact
<br />Loan Amount: $9,595,000 (Including 1% fee)
<br />Funding Sources: CWCB, Bond issuance
<br />Repubiican River WCD
<br />Averags Delivery: 2,500AF(Cnmpad Water)
<br />Interest Rete: 2.25% Tem1: 20 year~3
<br />Reduced from 2.5% - 30 year
<br />The Yuma County Water Authority Public Improvement Distrid (Yuma County PID) is requesting
<br />a loan from the CWCB in the amount of $9.5 million to finance 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 orde~ to settle a lawsuit threatening to impact
<br />the Northem High Plains Designated Ground Water Basin boundary and therefore threaten the
<br />Republican Water Conservation District's ability to meet the State's Republican River Compact
<br />requirements as well as malntain a vital agricultural economy in the eastem plains of Colorado.
<br />This Project will assist the District in delivering Compact water and therefore improve the DistricYs
<br />ability to repay the CWCB Compact Pipeline Project foan approved by the Board in January 2008
<br />(HB 1346). Closing of the water right purchase is scheduled for December 30, 2008.
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