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• Combined transit and evaporative losses sustained under the current regimen were 66% in <br />2012 (data source -State Engineers Office and Colorado Canal Co). This means that the <br />Feedyard had to begin with 1,454 acre feet of water, in order to lose 954 acre feet of water <br />along the way so as to provide 500 acre feet of water to the feedyard. This pipeline project <br />eliminates 850 acre feet of that loss, freeing up that water for other uses. <br />• The current water supply is not secure. Evaporative loss forces the Feedyard to purchase water <br />on the spot market - a vulnerable source. <br />• The current water supply storage and delivery system is not secure. The majority of Lake <br />Henry water rights are held by Front Range cities. The reservoir's water levels are controlled <br />mainly by Front Range users, creating increased vulnerability for the company. When less <br />water is stored in Lake Henry, evaporation rates become greater. In the 2012 drought, the <br />Feedyard was forced to install a floating pump in Lake Henry in order to get required water <br />from the Lake. <br />• With use of Feedyard -owned wells, augmentation water could be stored at higher elevation <br />reservoirs, further reducing evaporative loss. <br />• Finally, water quality from project wells is of higher quality than water that is currently being <br />used. <br />For existing facilities indicate: <br />Number of shareholders: n/a <br />Current Assessment per share: n/a <br />Number of shares: 571 shares owned <br />Number of acres irrigated: varies, at River Ranch <br />Water Right: see Appendices F &G <br />Average water diverted per year: n/a <br />Part B. - Description of the Project <br />1. Name of the Project: Ordway Feedyard Water Line Extension <br />2. Purpose of this loan application. Check one. <br />X New project <br />Rehabilitation or replacement of existing facility <br />Enlargement of existing facility <br />Emergency Repair <br />Other (describe) <br />3. If the project is for rehabilitation of an existing reservoir, is the reservoir currently under a storage <br />restriction order from the State Engineer? n/a <br />4. General location of the project. Crowley County. The Feedyard is approximately one mile east of <br />Ordway, and the River Ranch (location of wells) is 14.7 miles from the feedyard. <br />5. Please provide a brief narrative description of the proposed project including purpose, need, <br />facilities, type of water uses to be served and service area. Attach separate sheet, if needed. <br />2 <br />