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CWCB Water Project Loan Program <br /> Project Data Sheet C 150400 <br /> Borrower: The Prairie Ditch Company County: Rio Grande <br /> Project Name: Plaza Project Phase 3: Project Type: Ditch Rehabilitation <br /> Prairie Ditch Implementation Project <br /> Drainage Basin/District: Rio Grande/20 Water Source: Rio Grande River <br /> Total Project Cost: $975,000 Funding Source: Construction Fund, <br /> WSRA Grants <br /> Type of Borrower: Agricultural Average Annual Diversion: 16,000 AF <br /> CWCB Loan: $131,300 Interest Rate: 1.25%Term: 10-years <br /> (with 1% service fee) <br /> The Prairie Ditch Company is a Mutual Ditch Company formed in 1887. The Prairie Ditch diversion <br /> structure and headgate is located seven miles northwest of Monte Vista, Colorado on the Rio Grande <br /> River and has a service area of approximately 23,000 acres. The diversion and headgates were <br /> constructed in the early 1900s and was most recently reworked in 1962. They are now deteriorating, <br /> presenting a growing concern the diversion structure may soon completely wash out. Both the diversion <br /> and headgate were highlighted as river rehabilitation priorities in a 2001 study titled "Rio Grande <br /> Headwaters Restoration Project." The study analyzed the condition of riparian habitats and structures <br /> along a 91-mile reach of the Rio Grande from the town of South Fork to Alamosa and triggered a more <br /> localized effort known as the Plaza Project. <br /> The Plaza Project is a multi-phased project intended to improve the health and function of the Rio <br /> Grande River in the Sevenmile Plaza area through stream bank restoration, wetland restoration, and the <br /> replacement of aging and inefficient diversion and headgate structures. Phase 1 was a planning phase and <br /> identified several diversion and headgate structures in need of replacement. Phase 2 (McDonald Ditch <br /> Implementation Project)was the Plaza Project's first implementation project and was funded in part with <br /> a CWCB Loan and WSRA grant. Phase 3 is the second implementation project and the subject of this <br /> loan request. Project Tasks include the final engineering design and construction of the new Prairie Ditch <br /> diversion and headgate, as well as stream bank stabilization, monitoring, outreach, and education. <br /> Construction is ex.ected to occur fall 2014. <br /> WCR5N I <br /> HVi�Y <br /> 285 <br /> • <br /> Rio Grande River <br /> ' arm-°:�_ - _ 1 - �•.... ,may <br /> T <br /> ' . <br />