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C150224 Application
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C150224 Application
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Entry Properties
Last modified
8/19/2014 3:00:31 PM
Creation date
8/19/2014 3:00:29 PM
Metadata
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Template:
Grants
Applicant
Logan Well Users Inc
Grant Type
Severance Tax
Fiscal Year (i.e. 2008)
2006
Project Name
Agricultural Emergency Drought Response
CWCB Section
Finance
Contract/PO #
150224
Grants - Doc Type
Application
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• Table 3 lists the lease of augmentation well credits. Augmentation well credits are the amounts <br /> of pumped water delivered directly to the river minus the lagged groundwater depletions from <br /> prior pumping of the well for augmentation purposes. For 2005, the lease rate for net <br /> augmentation well credit was $20 per acre-foot. The total 2005 augmentation well lease was <br /> $10,445. <br /> The following describes the 2005 grant amount available to LLWU per the September 2004 <br /> Grant Guidelines Memo from CWCB. The total LLWU lease payment for augmentation <br /> replacement supplies in 2005 was $262,042 (sum of Tables 1, 2, and 3). The total days of river <br /> call for 2005 is 178 days (monthly call days are listed at the top of Table 2). The average call <br /> days in the lower South Platte River were 84 days. The following computes grant amounts for <br /> 2005. <br /> 2005 <br /> Lease cost of augmentation water $262,042 <br /> Number of drought call days 178 <br /> Average number of call days 84 <br /> Call day ratio 178/84=2.119 <br /> Cost reduction $262,042/2.119=$123,660 <br /> Grant amount $262,042-$123,660= <br /> $138,382 <br /> • The Program per the September 2004 Guidelines also provides funds for engineering and <br /> attorney fees equal to 5% of the grant amount. Multiplying 1.05 times $138,382 gives a total <br /> grant amount for reimbursement to LLWU of$145,301. <br /> Please contact me for any further required information or clarifications related to the LLWU <br /> accounting and computed grant amount. NCWCD and I continue to applaud the CWCB and <br /> the State of Colorado for this excellent program of financial assistance to irrigated agriculture <br /> during these times of drought and expanded costs for well augmentation. <br /> 2 <br />
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