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C150338 Feasibility
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C150338 Feasibility
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Last modified
2/24/2015 11:21:22 AM
Creation date
10/10/2012 8:16:51 AM
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Loan Projects
Contract/PO #
CT2015-051
C150338
Contractor Name
Eckhardt Farms Inc
Contract Type
Loan
Water District
1
County
Weld
Loan Projects - Doc Type
Feasibility Study
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rising the newest technology to do so. <br />42 Elevation Factors <br />a. Output/Yields <br />• Western Mutual Ditch Company <br />• Total: 77.015 AF /Share <br />• Average of 3 years: 25.672 AF/Share <br />• Farmers Independent Ditch Company <br />• Total: 92.939 AF /Share <br />• Average of 3 years: 30.98 AF /Share <br />b. Costs <br />o The only costs for Eckhardt Farms will be the amount of the loan and the <br />assessments. The amount of the loan payment to be paid every year will be <br />$64,688.00 <br />c. impacts <br />o Without Eckhardt Farms Corporation being able to purchase the proposed <br />Western Mutual Ditch Company water shares there is a very good chance <br />that another entity will purchase these water shares. This will increase the <br />natural environment impact and the possibility of the Peckham - <br />Reifschneider Farm not being able to be used for crop production anymore <br />because of a lack of water. This would cause huge environmental impacts <br />such as soil erosion due to little to no water. It will also decrease the value <br />that the land currently hold and will prevent any improvements either <br />farmable or structural improvements. <br />o Soil erosion would cause a problem with the man-made environment <br />because this farm is surrounded by growing communities and if soil is <br />eroding away from fields. This could turn away future developers in the <br />area and possibly cause a little bit of a low in the local economy if <br />businesses and developers are turning away because the farmland isn't <br />being taken care of. <br />d. Economic Analysis and Feasibility <br />Eckhardt Farms Corporation Q <br />Farmers <br />Western Mutual <br />Farmers <br />Western Mutual <br />Independent <br />Ditch <br />Independent <br />Ditch <br />Ditch <br />Acre Feet -AF <br />Ditch <br />AF Share <br />Acre Feet -AF <br />AF /Share <br />2009 <br />21759.0102 <br />17366.6484 <br />27.199 <br />21.467 <br />2010 <br />24567.9238 <br />21741.7422 <br />30.710 <br />26.875 <br />2011 <br />28023.642 <br />23196.239 <br />35.03 <br />28.673 <br />• Western Mutual Ditch Company <br />• Total: 77.015 AF /Share <br />• Average of 3 years: 25.672 AF/Share <br />• Farmers Independent Ditch Company <br />• Total: 92.939 AF /Share <br />• Average of 3 years: 30.98 AF /Share <br />b. Costs <br />o The only costs for Eckhardt Farms will be the amount of the loan and the <br />assessments. The amount of the loan payment to be paid every year will be <br />$64,688.00 <br />c. impacts <br />o Without Eckhardt Farms Corporation being able to purchase the proposed <br />Western Mutual Ditch Company water shares there is a very good chance <br />that another entity will purchase these water shares. This will increase the <br />natural environment impact and the possibility of the Peckham - <br />Reifschneider Farm not being able to be used for crop production anymore <br />because of a lack of water. This would cause huge environmental impacts <br />such as soil erosion due to little to no water. It will also decrease the value <br />that the land currently hold and will prevent any improvements either <br />farmable or structural improvements. <br />o Soil erosion would cause a problem with the man-made environment <br />because this farm is surrounded by growing communities and if soil is <br />eroding away from fields. This could turn away future developers in the <br />area and possibly cause a little bit of a low in the local economy if <br />businesses and developers are turning away because the farmland isn't <br />being taken care of. <br />d. Economic Analysis and Feasibility <br />Eckhardt Farms Corporation Q <br />
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