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Water Supply Reserve Account—Application Form <br /> Revised December 2011 <br /> The availability of a low-interest CWCB loan in combination with grant funding ensures that the water activity <br /> will remain financially viable and move forward in a timely manner. Loan funding in the amount of$2,500,000 <br /> is being sought by project partner Ordway Feedyard,LLC. <br /> In addition to the cost of transit and evaporative loss,the cost of current drought conditions to the company in <br /> increased food cost makes this project particularly time-sensitive. The failure to complete this water activity as <br /> soon as possible would likely result in the failure of the company, effectively bankrupting Crowley County <br /> government. <br /> The Ordway Cattle Feeders,LLC funding of Phase I in its entirety,a cost of nearly$600,000, demonstrates a <br /> significant&appropriate commitment to the project. CWCB loan funding equals 74%of the total project cost. <br /> The cash match and basin funds= 74%of total grant and cash match funding. Basin funds constitute 18%of <br /> total grant funding. <br /> Tier 3: The Water Activity Addresses Other Issues of Statewide Value and Maximizes Benefits <br /> e. The water activity helps sustain agriculture&open space, or meets environmental or recreational needs. <br /> The Ordway Feedyard is a vital agricultural economic force in Crowley County and the Arkansas and South <br /> Platte Basins. The water activity supports the viability of the future of this company,and the economy of the <br /> entire region,an area heavily impacted by the transfer of agricultural water to municipal and industrial uses. <br /> The water activity has additional environmental benefits,as detailed above. <br /> f. The water activity is complimentary to or assists in the implementation of the CWCB loan program. <br /> Part IV.—Required Supporting Material <br /> 1. Water Rights, Availability, and Sustainability — This information is needed to assess the viability of the water <br /> project or activity. Please provide a description of the water supply source to be utilized, or the water body to be <br /> affected by,the water activity. This should include a description of applicable water rights, and water rights issues, and <br /> the name/location of water bodies affected by the water activity. <br /> Currently,Ordway Feedyard owns 3 shares of Twin Lakes water and 569 Colorado Canal shares that are paired <br /> with Lake Henry and Lake Meredith. They have a 15-year lease with Pueblo Board of Water Works for 700 acre <br /> feet per year. In addition,they have been purchasing water on the spot market to meet their water needs,which <br /> are much greater than if the project is implemented, due to evaporative loss. <br /> The Feedyard also owns River Ranch,which has 20 wells decreed for irrigation and livestock watering. The <br /> wells average an allocation of 1,000 acre feet/year. <br /> Potable water that is being used by the feedlot for the office and for the feed mills is currently supplied by 96 <br /> Pipeline Company. The feedlot is using approximately 500,000 gallons per month. Much of the potable water <br /> supply will no longer be needed. <br /> The project will pump water from River Ranch wells to the feedyard,augmenting the wells with owned and <br /> leased shares as listed above. <br /> 11 <br />