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The Project will assure improved operation of an existing irrigation system and will have <br />considerable economic benefit. Regulation, water measurement and delivery will be <br />signi�cantly improved and new equipment (new head gates and punch plates) will be <br />Incorporated to improve efficiency. New punch plates will assure a more efficient prevention <br />and elimination of waste. Seepage will be minimized and more water will be carried in the ditch <br />as a result. Raymond Dairy, Inc. will benefit directly from greater crop yields. The NRCS Plan <br />identifies other environmental, social, and economic benefits that will result from the completion <br />of this Project. <br />Conclusions <br />1. Raymond Dairy, Inc. is an incorporated entity in the State of Colorado with the ability to <br />enter into a contract with the CWCB for the purpose of obtaining a Construction Fund Loan for <br />Agriculture. <br />2. Rights-of-Way easements are adequate for the construction Project. <br />3. The Project would provide improved delivery and efficiency of irrigation water to field crops <br />and decrease seepage under the NRCS Salinity Control Program. <br />4. The total estimated cost of the project is $95,000. This will be financed in part by a grant <br />from the NRCS in the amount of $32,000 (approx. 30%). Raymond Dairy, Inc. is applying for a <br />long-term loan in the amount of $95,000 from the CWCB Construction Fund for the amount not <br />covered by the federal grant. The loan amount does not reflect the cost to have the existing ditch <br />structure removed. <br />5. Raymond Dairy, Inc. is eligible for a loan from the CWCB. <br />