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C150369 Approval Letter
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C150369 Approval Letter
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Last modified
2/19/2015 9:57:11 AM
Creation date
10/22/2013 10:56:05 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
CT2015-023
C150369
Contractor Name
Highland Ditch Company
Contract Type
Loan
Water District
5
County
Boulder
Loan Projects - Doc Type
Approval Letter
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CWCB Water Project Loan Program <br />Project Data Sheet <br />Borrower: Highland Ditch Company <br />Project Name: Highland Ditch System <br />Repairs <br />Drainage Basin/ District: South Platte / 5 <br />Total Project Cost: $1,980,000 <br />Type of Borrower: Blended <br />CWCB Loan: $1,999,800 <br />(with 1% service fee) <br />County: Boulder <br />C150369 <br />Project Type: Ditch Rehabilitation <br />Water Source: St. Vrain Creek <br />Funding Source: Severance Tax PBF <br />Average Annual Diversion: 38,000 AF <br />Interest Rate: 1.95% Term: 30 -years <br />(86% Ag, 6% Mid, 6% High, 2% Com) <br />During the unprecedented flood of September 2013 in the tributaries to the South Platte River, a <br />significant number of diversion structures and dams along the river corridor were damaged. The <br />purpose of this Project is to repair the Company's system to allow the delivery of water to <br />shareholders. The scope of work includes: repairing of the main diversion structure, headgate, <br />SCADA system, and inlet and outlet of Foothills Reservoir. <br />1 D 1 2 3 4 IVII- <br />�swwo�camuuvuw..rwc..wmu.a.c. <br />i <br />Figure 2. Highland Ditch Service Area <br />
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