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<br />Spnngdale Ditdl Company <br />May 19-20.2003 <br /> <br />Agenaa Item 18b <br />(Upaated May 27. 2003) <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Spring dale Ditch Company <br /> <br />County: Logan <br /> <br />Project Name: Springdale Recharge Project <br /> <br />Project Type: Well Augmentation <br /> <br />Drainage Basin: South Platte River <br /> <br />Water Source: South Platte River <br /> <br />Total Project Cost: S135.000 <br /> <br />Funding Sources: CWCS and Company <br /> <br />Type of Borrower: Agricultural <br /> <br />Median Household Income: N/A <br /> <br />CWCB Loan: $121.500 <br /> <br />Interest Rate: 2.75% Term: 30 years <br /> <br />CWCB Grant: $2.000 <br /> <br />Average annual diversions: 10,647 acre-feet <br /> <br />The SpringdaJe Ditch Company operates the Springdale Ditch for delivery of irrigation water <br />within a 44g0-acre service area. The head gate for the ditch is located in Logan County, 6 miles <br />southwest of Sterling. The project involves construction of augmentation ponds, and drilling one <br />augmentation well and 2 recharge wells to generate augmentation credits to cover depletions for <br />43 irrigation wells used by stockholders of the Company. The project will be completed in spring <br />2003. Brent Nation, P.E., of Nation Engineering Services has completed the feasibility study. <br />Proposed funding for the project consists of a $121,500 Small Project Loan and a $2,000 <br />Feasibility Study Grant from the cwes, and the remainder from the Company. <br />,< ,., <br />. 'e:J->:-' rJ <br />.,) <-""_I. <br />"' .-r . .. '>- )t~' <br />~" );.:" <br />", . <br />" <br /> <br /> <br />'" <br /> <br />."- <br />,'(' <br />-:-.:::' :-';.....G-,;.:~.:. <br />" (' <br />~~~. ; :" <br />'~1.:"" <br />, - <br />. ~, <br />:-r- <br /> <br />. <br />,. <br /> <br />Location Map <br />