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DNR COLORADO <br /> CO IColorado Water <br /> . Conservation Board Union Reservoir Water Rights Purchase <br /> Union Well Augmentation Group <br /> Substantially Complete November 1, 2016 <br /> UWAG and Ditch (Greeley: <br /> Ke" Company Service <br /> (Loveland, Area y <br /> Kerne, <br /> a^s <br /> Aut <br /> `=amp c- '\ La Salle <br /> Q`a <br /> Be-trc..d 50 <br /> Gitcrest <br /> Mead <br /> to <br /> Longmont St' <br /> Union Reservoir <br /> Project Description <br /> The Union Well Augmentation Group provides augmentation water for well owners of the Union Ditch <br /> Company, providing supplemental irrigation water to 29 wells covering 2,200 acres. The Company <br /> covers an average of 4 AF of well depletions per year. <br /> The Augmentation Group purchased 2.0 shares of the Union Reservoir Company with this loan. The <br /> Augmentation Group will use these shares in the augmentation plan via a lease with the City of <br /> Longmont where Longmont will use the 2 shares and in return the Augmentation Group will receive the <br /> city's effluent, which is approved for use in the augmentation plan. The water right analysis shows <br /> each share to have an average historical consumptive use of 7.65 AF per share, along with the ability to <br /> store and regulate the average annual divertible yield of 15.3 AF per share. <br /> PROJECT D A T A <br /> Sponsor: Union Well County: Weld Water Source: South Platte <br /> Augmentation Group <br /> Type of Project: Water Rights Purchase Board Approval Date: May 2016 <br /> Loan Terms: 1.45% for 20 years (Original) $248,157 (Final) $227,500 <br /> Design Engineer: TZA Water Engineers <br /> Contractor: NA <br /> Project Elements: Purchase of (2) Union Reservoir Company shares <br /> Water Project Loan Program - Project Summary <br />