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CWCB Construction Loan Program
<br />Project Data Sheet
<br />Borrower: Raymond Dairy, Inc. County: Mesa
<br />Project Name: Raymond Ditch Reconstruction Project Type: Ditch Piping for Salinity Control
<br />Drainage Basin: Colorado Water Source(s}: Raymond Ditch & Grand
<br />Valley Canal
<br />Total Project Cost: $95,000 Funding Sources: Construction Fund
<br />Type of Borrower: Agricultural Average Delivery: 386 AF
<br />Loan Amount: $63,950 (Initial loan $95,950) Interest Rate: 2.5% Term: 20 years
<br />(Including 1 % fee)
<br />The Raymond Dairy, Inc. is located just northwest of Fruita, Colorado and is owned by Robert and
<br />Helen Raymond. The Raymond Ditch has a capacity of 3.5 cfs and is used to cany irrigation
<br />water to approximately 125 acres of field crops for dairy cattle. This Project involves replacing
<br />2,400 feet of the ditch, and installing new head gates and punch plates. This Project will decrease
<br />ditch seepage; thereby improving the environment by reducing salt leaching into the Colorado
<br />River. NRCS has provided planning and design engineering services for this work. The total
<br />project cost is $95,000. The Borrower has been approved for a grant from NRCS that will cover
<br />approximately 33% of the cost of the Project. Construction is scheduled for the fall of 2009.
<br />Proposed CWCB funding consists of an initial loan from CWCB for $95,950 that will be reduced
<br />by the NRCS grant. The remaining $63,950 will become a 20-yeax CWCB Loan.
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<br />LOCATION MAP
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