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<br />Supply Irrigating OitO"l Co, <br />Mardl 24-26. 2003. <br /> <br />AQemla Item 24e <br />(Update<! March 28. 2003) <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Supply Irrigating Ditch Company <br /> <br />County: Boulder <br /> <br />Project Name: Knoth Reservoir Dam Project Type: Rehabilitation and Enlargement <br /> <br />Drainage Basin: South Platte Water Source: S1. Vrain Creek <br /> <br />Total Project Cost: 52,193,000 Funding Sources: Company and CWCS <br /> <br />Type of Borrower: AgriculturaVMunicipal Blended Interest Rate: 3% <br /> <br />CWCB Loan: $1,000.000 Term: 30 years <br /> <br />CWCB Grant: $5,000 <br /> <br />Average Annual Volume of Water diverted: 9,745 AF <br /> <br />The Supply Ditch is located in Boulder County, 4 miles north west of Longmont, and diverts <br />water from S1. Vrain Creek. The Supply Irrigating Ditch Company operates the ditch to supply <br />water to 160 shareholders for irrigation within the B,SOO-acre service area. The Company wants <br />to rehabilitate and enlarge the Knoth Reservoir for use as an equalizer, and for storage under a <br />conditional decree for 542 acre.fee1. The project would be designed in 2003 and constructed in <br />2004. The average annual volume diverted now is 9,SOO acre-feet, which will increase to 9,745 <br />acre-feet with the project in place. The Supply Irrigating Ditch Company is a mutual ditch <br />company and a nonprofit corporation registered in the State of Colorado. Duane Smith P.E., of <br />Smith Geotech Inc., has completed the feasibility study. The Company received a $5,000 <br />ewcs grant for :h the cost of the study. Proposed funding for the project consists of a CWCS <br />loan in amount of $1,000,000 and $1,193,000 from the Company. <br /> <br /> <br />~ "o........<lL~ <br />. ....... '. .j- ,- <br />, .:,. R+1 '-. ::. <br /> <br />- <br /> <br />.='. <br />,~ <br /> <br />"..1 '<;0 ~~'~" <br />~ Project location <br /> <br />-' <br /> <br />Knoth Reservoir <br /> <br />! <br /> <br />~- <br />R.' <br />:~ <br /> <br />.~ <br /> <br />Location Map <br />