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<br /> Mancos Water Conservancy District Agenda Item 20a.
<br /> November 25-26,2002 (Updated December 2,2002)
<br /> Water Project Construction Loan Program-Project Data
<br /> Borrower: Mancos Water Conservancy District
<br /> Project Name: Mancos Project Project Type: System Rehabilitation
<br /> County: Montezuma Drainage Basin: San Juan Water Source: West Mancos River
<br /> Total Project Cost: $6,619,550 Funding Sources: Borrower and CWCB
<br /> Type of Borrower: Agricultural/Municipal Median Household Income: Low
<br /> CWCB Loan: $5,486,531 Interest Rate: 2.8% Term: 30 years
<br /> Annual Volume of Water delivered: 9,000 acre-feet
<br /> The Mancos Water Conservancy District is located in Montezuma county and supplies
<br /> supplemental and full service irrigation water to a 13,496-acre service area. District
<br /> facilities were constructed over 50 years ago, and are in need of rehabilitation. The
<br /> Mancos Water Conservancy District was formed in 1941 under the Water Conservancy
<br /> Act of 1937. It has the power to acquire water rights, construct and operate facilities,
<br /> levy taxes, and issue debt subject to the provisions of TABOR. The District has
<br /> completed the feasibility study. Project funding will come from a $5,486,531 loan from
<br /> the CWCB, and the remainder from the District.2
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<br /> Location Map
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