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C150374 Approval Letter
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C150374 Approval Letter
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Last modified
10/22/2013 12:42:02 PM
Creation date
10/22/2013 10:56:07 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150374
Contractor Name
Boulder and Larimer County Irrigation and Manufacturing Ditch Company
Contract Type
Loan
Water District
4
County
Boulder
Larimer
Loan Projects - Doc Type
Approval Letter
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CWCB Water Project Loan Program C150374 <br />Project Data Sheet <br />Borrower: Boulder & Larimer County County: Boulder & Larimer <br />Irrigating & Manufacturing Ditch Company <br />Project Name: Boulder & Larimer Diversion Project Type: Diversion Rehabilitation <br />Structure Repair <br />Drainage Basin/ District: South Platte / 4 Water Source: Big Thompson River <br />Total Project Cost: $200,000 <br />Type of Borrower: Blended Rate <br />CWCB Loan: $202,000 <br />(with I% service fee) <br />Funding Source: Severance Tax PBF <br />Average Annual Diversion: 4,500 AF <br />Interest Rate: 1.90% Term: 30 -years <br />(81 % Ag, 19% Mid) <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 Project includes the repair of the diversion <br />structure and Ish Reservoir Inlet: The scope of work for the diversion structure repairs involves <br />removing debris from the dam and inlet structure, forming and pouring a new wing wall on the <br />north side of the diversion dam, and then rechanneling the Little Thompson River to flow back <br />over the diversion dam. The scope of work for inlet washout repairs involves creating a new path <br />for the Company's ditch through this area. This will involve creating a permanent foundation <br />secured to bedrock and building a new water conveyance system on top of this foundation. <br />
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