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C150372 Feasibility Study
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C150372 Feasibility Study
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Last modified
2/18/2015 3:44:13 PM
Creation date
2/4/2014 4:18:07 PM
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Template:
Loan Projects
Contract/PO #
CT2015-025
C150372
Contractor Name
Oligarchy Irrigation Company
Contract Type
Loan
Water District
5
County
Boulder
Loan Projects - Doc Type
Feasibility Study
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Emergency Loan Application and Feasibility Study <br />Name: OLIGARCHY IRRIGATION COMPANY <br />Address: P.O. BOX 1826, LONGMONT, CO. 80502 -1826 <br />Oligarchy Irrigation Company <br />Phone: ( 303 ) 776 -7207 Email: dan @dangrantbookkeeping.com <br />C?rganizatior Ype.e: -[ x —]- Ditch -C —o; j l- Irrigation- District; o <br />Incorporation Date: 2/7/1907 it <br />Number of acres irrigated 2,700 acres Number of [ X ] Shares /[ ] Taps: 300 <br />Avg. Water Diverted /Yr 7,966 acre- feet/year (1950 -2012 average total diverted through the headgate) <br />Number of Shareholders? 97 Current Assessment $100.00 /share, minimum 1 share <br />Projected Assessment $4,160 per share' <br />Contact/Title: Dan Grant, Secretary/Treasurer <br />Address: P.O. Box 1826, Longmont, Co. 80502 -1826 <br />Phone: (303) 776 -7207 Entail: dan @dan rantbookkee in .com <br />Engineer: Deere and Ault Consultants, Inc. 600 S. Airport Road, Suite A20S, Longmont, Co. 80503 <br />Phon) 653 -1468 Email: mark.mclean @deereault,com <br />Wong, P.O. Box 209, Longmont, Co. 80502 -0209 <br />Phone: (303) 776 -1135 1 Email: pwonp8543 @aol,com <br />County: Boulder Watrict: 5 <br />River Basin: St. Vrain Wrce: St . Vrain <br />Project Type: (circle one or more) Diversion Dam /River Headgates /Sand Gate /Rubicon Gate /Bypass Gate <br />Estimated Engineering Costs: $160,000 Estimated Construction Costs: $800,000 <br />Other Costs {Describe Above): $288,000 (contingencies) Estimated Total Project Costs: $1,248,000 <br />Requested Loan Amount: $1,248,000 Date Funding is Needed? December 15, 2013 <br />Note: Costs above include 30 percent for contingencies <br />� Possible other funding sources: none <br />[ x] Last two years Financial Statements <br />[ x ] Shareholders List <br />[ x ] Articles of Incorporation/ By -laws <br />[ x ] Location Map /Service Areal <br />[ ] Shareholder Resolution (submit prior to contracting) <br />[ ] Attorney Opinion Letter (submit prior to contracting) <br />Per CWCB guidance, cost shown is estimated project cost per share. Future assessments will be determined upon <br />final project completion. <br />`Portion of original service area has been incorporated into the City of Longmont. <br />
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