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* COLORADO Replacement of the Horse Creek Flume <br /> CO Colorado Water <br /> . Conservation Board Fort Lyon Canal Company <br /> Department of Naturat Resources September 2015 Board Meeting <br /> L O A N D E T A I L S Imo= hi �Project Cost: $2,188,000 t - <br /> CWCB Loan (with Service Fee): $1,629,130 6 � <br /> Loan Term and Interest Rate: 30 Years ® 1.75% '"j I <br /> Funding Source: WSRA & Sev. Tax Perpetual Base Fund 0 I 4114104 <br /> B O R R O W E R T Y P E � �Agriculture Municipal Commercial "� <br /> 99% 0% Low 0%Mid - 0% High 1% <br /> P R O J E C T D E T A I L S <br /> Project Type: Ditch Rehabilitation ,^ <br /> Average Annual Delivery: 221,000 AF � <br /> The Horse Creek Flume has been in operation since 1938. L O C A T I O N <br /> The flume is a 400-foot-long, 10-foot-diameter, elevated County: Otero, Bent, Prowers <br /> steel pipe located on the Fort Lyon Canal where it crosses Water Source: Horse Creek <br /> Horse Creek, approximately 10 miles northeast of La Drainage Basin: Arkansas River <br /> Junta and about 8 miles west of Las Animas, in Bent Division: 2 District: 17 <br /> County, Colorado. Three different Professional Engineers <br /> have assessed the flume and all found it to be in extremely poor condition and in need of immediate <br /> replacement. Failure of the flume, designed to convey 1800 cfs, could result in the loss of more than <br /> $50 million in crop revenue and loss of supply to more than 14,000 acres of wildlife habitat in the <br /> downstream Queens and Thurston State Wildlife Areas. Despite ongoing repairs over the years, the <br /> flume has reached the end of its service life and the Company seeks to replace it. <br /> rfi <br /> i ,, ,y F ' <br /> / ��f !. '1 1 C • <br /> , v A 41 i rt.h <br /> Mows County <br /> try .�` . „ _ -- --- --- <br /> Bent County <br /> Crowley County i /' Horse Creek Fiume <br /> I Otero County /L <br /> 4 *IA <br /> 1 i <br /> j � 1 <br /> il r+ � <br /> Fort Lyon Canal Headote �t . P <br /> •• <br /> .w <br /> \ <br /> 1,,e, <br /> •, # � �'I John Martin Reservoir <br /> Water Project Loan Program- Project Data Sheet <br />