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41/4 DNR COLORADO <br /> `+O Colorado Water <br /> . Conservation Board Cornish Water Rights Purchase <br /> °`"�' "a R.°" Lower Poudre Augmentation Company <br /> Substantially Complete November 1, 2015 <br /> Cornish Plains Reservoir <br /> RT <br /> .. t. i <br /> OLImS <br /> {Fort Collinsi ,. az .Aj7Pwl <br /> f <br /> XarseteotP _ <br /> errcair � ' <br /> Greece No 2 Canal <br /> CcW s ND <br /> LavELAWNI f Windsorr�� <br /> A; PORT <br /> Greeley <br /> c�'' ; ilk .+' ► <br /> M. <br /> ILovelandl. <br /> •Service Area includes: New Cache la , <br /> iv <br /> Poudre Irrigating Company and Larimer &t <br /> Weld Irrigation Company <br /> •28 Well Owners Service Area <br /> Project Description <br /> The Lower Poudre Augmentation Company provides augmentation water for 62 irrigation wells in <br /> Larimer and Weld Counties owned by 28 individual owners. The wells provide irrigation water to 4,000 <br /> acres. The Company currently has in place a 1 AF of augmentation water per irrigated acre quota. <br /> The Company's augmentation plan was awarded a decree under consolidated Case No. <br /> 04CW025/06CW295 in January 2014. Water rights that were changed to augmentation use in that <br /> decree include the Cornish Plains Farms water rights, which are made up of 34.5 shares of the New <br /> Cache La Poudre Irrigating Company and 4.0 shares of the Cache La Poudre Reservoir Company. These <br /> shares were historically used on the Cornish Plains Farm but have been leased to the Company for use <br /> in its augmentation plan since 2004. This Project purchased those shares for permanent inclusion in the <br /> Company's augmentation plan. <br /> P R O J E C T D A T A <br /> Sponsor: Lower Poudre County: Larimer & Weld Water Source: Cache la Poudre <br /> Augmentation Company River <br /> Type of Loan: Water Rights Purchase Board Approval Date: May 2015 <br /> Terms of Loan: $1,163,015 @ 1.75% for 30 years <br /> Design Engineer: HRS Water Consultants, Inc. <br /> Contractor: NA <br /> Project Elements: Purchase of 34.5 shares of the Cache La Poudre Irrigating Company, and 4.0 shares <br /> of the Cache La Poudre Reservoir Company. <br /> Water Project Loan Program - Project Summary <br />