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C150373 Approval Letter
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C150373 Approval Letter
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Last modified
2/17/2015 8:21:39 AM
Creation date
10/22/2013 10:56:07 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
CT2015-035
C150373
Contractor Name
Big Thompson and Platte River Ditch Company
Contract Type
Loan
Water District
4
County
Larimer
Loan Projects - Doc Type
Approval Letter
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CWCB Water Project Loan Program C150373 <br />Project Data Sheet <br />Borrower: Big Thompson & Platte River County: Larimer <br />Ditch Company <br />Project Name: Big Thompson & Platte Project Type: Diversion Rehabilitation <br />River Diversion Structure Repair <br />Drainage Basin/ District: South Platte / 4 <br />Total Project Cost: $800,000 <br />Type of Borrower: Blended <br />CWCB Loan: $808,000 <br />(with I% service fee) <br />Water Source: Big Thompson River <br />Funding Source: Severance Tax PBF <br />Average Annual Diversion: 9,736 AF <br />Interest Rate: 1.85% Term: 30 -years <br />(97% Ag, 3% Comm) <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 diversion structure and crossing structures to allow the <br />Company to deliver water to shareholders. The Company's diversion structure and by -pass <br />structure will be repaired and its crossing over the Little Thompson River will be replaced. The <br />crossing structure was a bottleneck at times of free river, so the structure will be improved to <br />allow for additional flows. <br />
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