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CWCB Construction Loan Program <br />Project Data Sheet <br />Borrower: Sanchez Ditch and Reservoir Co. <br />Project Name: Sanchez Reservoir Outlet <br />Rehabilitation Project <br />Basin / District: Rio Grande / 24 <br />Total Project Cost: $2,032,000 <br />Type of Borrower: Agricultural <br />County: Costilla <br />Project Type: Dam Rehabilitation <br />Water Source(s): Ventero Creek <br />Funding Sources: Construction Fund & <br />WSRA (Basin & Statewide funds) <br />Average Diversions: 15,000 AF <br />Loan Amount: $1,128,776 (Including 1% fee) Interest Rate: 1.75% Term: 30 years <br />WSRA Grant Amounts: $55,000 Rio Grande Basin & $859,400 Statewide <br />The Company provides irrigation water for users in Costilla County, southwest of the town of San <br />Luis. The Company's primary storage reservoir is Sanchez Reservoir. The approximately <br />104,000 acre -foot reservoir was built in 1910. The reservoir's outlet includes a 135 foot tall <br />concrete gate tower. In order to access the gates to operate the dam, a tramway /gondola runs along <br />a cable and is powered by a portable gasoline generator. Because daily access to the tower is <br />required during irrigation season, the reliability and safety of the gondola system has been a <br />concern of the Company. Using loan and grant funds, the Company intends to address the safety <br />and operational management concerns at the reservoir through the demolition of the gate tower; <br />the installation of new control gates and operators; lining the existing outlet conduit with shotcrete; <br />repairing the downstream outlet structure; and, installing a new perimeter drain and weir along the <br />right side of the outlet structure to control seepage. The project schedule is estimated as: final <br />design and State Engineer's Office (SEO) approval between January 2013 and January 2014; bid <br />the project in May of 2014; award the bid by June of 2014; start construction in September of <br />2014; complete construction by March of 2015. <br />