Small Reclamation Projects Application Report for the North Poudre Irrigation Company: Park Creek Dam Project

• Description: Park Creek Dam, Project P.L. 984, North Poudre Irrigation Company
• State: CO
• Basin: South Platte
• Water Division: 1
• Date: 9/1/1965
• Author: Phillips-Carter-Osborn Inc., Engineering Consultants
• Title: Small Reclamation Projects Application Report for the North Poudre Irrigation Company: Park Creek Dam Project
• Water Supply Pro - Doc Type: Report/Study

LOAN APPLICATION REPORT
NORTH POUDRE IRRIGATION COMPANY
1. THE COMPANY.
Organization. The North Poudre Irrigation Company is a Colorado
corporation which was initially incorporated in 1901. The company has per-
petual existence, the power to collect assessments on stock, the right of
Eminent Domain, and the right to contract with the United States Government
for a loan to construct this proposed project.
Capitol stock of the company totals 10, 000 shares, with a par value of
$50. 00 per share.
Financial. The general financial status of the company is excellent.
As of December 31, 1964, the total assets of the company were $2, 998, 164. 93,
total current liabilities were $61, 249. 56 and net capitol and surplus was
$2, 936, 915. 37. `
Physical Assets. The company owns, operates and maintains 24
storage reservoirs and approximately 200 miles of ditches, together with other
physical assets such as real estate, buildings and equipment.
2. PROTECT LANDS. The lands under the North Poudre Irrigation Company's
system lie in the north central part of Colorado, gust north of the City of Ft. Collins,
Colorado, in Larimer County. Of the approximately 42, 000 acres of irrigable land
under the system, 33, 797 acres are presently being irrigated.
Climate. The annual mean temperature in the area is 48. t F. , the
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