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Last modified
3/26/2010 3:55:23 PM
Creation date
9/30/2006 9:58:42 PM
Metadata
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Template:
Publications
Year
2003
Title
Small Project Loan Report 2003
CWCB Section
Finance
Author
CWCB
Description
Small Project Loan Report 2003
Publications - Doc Type
Small Project Loan Report
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<br />" <br /> <br />Windsor ReseNOlr & Company <br />July 28-292003 <br /> <br />Agenda Item 21a <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Windsor Reservoir & Canal Co. <br /> <br />County: Larimer <br /> <br />Project Name: Windsor Res. No. 8/Annex <br /> <br />Project Type: Rehabilitation <br /> <br />Drainage Basin: South Platte <br /> <br />Water Source: Cache La Poudre River <br /> <br />Total Project Cost: 5750.000 <br /> <br />Funding Sources: CWCB. WRCC <br /> <br />Type of Borrower: Agricultural <br /> <br />Aver. Delivery: 620 acre.feet <br /> <br />CWCB Small Project Loan: $675.000 <br /> <br />Interest Rate: 2.50% <br /> <br />Term: 30 years <br /> <br />The Windsor Reservoir & Canal Company (WRCC) is applying for a loan to recover 620 acre-feet of <br />storage in their Windsor Reservoir No. 8 and No. 8 Annex. by excavating and removing up to <br />1,000,000 cubic yards of sediment. The WRCC service area extends from their Cache la Poudre <br />diversion north of Fort Collins east to near the town of Galeton northeast of Greeley, generally <br />bounded by the Eaton Ditch and the Greeley Ditch NO.2 Ditch. The total area encompassed is about <br />86.000 acres, providing water for irrigation for about 55,000 acres. WRCC typically uses about <br />31.000 acre-feet to irrigate the 55,000 acres. WRCC owns 6 reservoirs and about 25 miles of ditch <br />known as the Poudre Valley Canal. Reservoir No.8 was purchased in 1911. Total decreed storage in <br />all reservoirs is 65,562 acre feet. Windsor Reservoir No. 8 and No. 8 Annex are adjacent, inter- <br />connected. reservoirs that have a storage decree of 15,381 acre-feet, with current storage capacity at <br />12,700 acre-feet due to sediment accumulation. The project would provide an additional 620 acre-feet <br />of storage. allowing WRCC to supply irrigation water for an additional 3 days. This is significant <br />because the total number of days the system normally runs is 30 to 45 days. The removed material <br />will be spread over 30 acres of land adjacent to the reservoir, and re-seeded to address erosion. <br /> <br /> <br />- '" <br /> <br />~ <br /> <br />.r <br />n__\>, <br />..', <br />,. <br />I' <br /> <br />- <br /> <br />'~ <br />\. <br /> <br />.tjJ <br />14 <br /> <br />-.1 <br /> <br />I , <br /> <br />Location Map <br />
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