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<br />I. <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />/ <br /> <br />-, "-,, <br /> <br />$mart Bros. Inc. <br />July 20.21, 2004 <br /> <br />AQenda Item 14a <br /> <br />Water Project Construction Loan Program - Project Data <br /> <br />Borrower: Smart Bros. Inc. (SBI) County: Logan <br /> <br />Project Name: Groundwater Recharge Project Project Type: Well Augmentation <br /> <br /> <br />Drainage Basin: South Platte Water Source: Recharge Well <br /> <br />Total Project Cost: $266,500 Funding Sources: CWCB,SBI <br /> <br />Type of Borrower: Agricultural Aver. Delivery: 1000 -1500 acre-feet <br /> <br />CWCB Construction Fund Loan: $239,850 <br /> <br />Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />S81 is a family owned and operated farming and custom cattle feeding operation located <br />approximately 2 miles southwest of Atwood. consisting of approximately 1250 acres of sprinkler and <br />flood irrigated farm ground and a 5000 head feedlot operation, with plans to expand to 6000 head. <br />The S81 farm ground is irrigated with direct flow water, reservoir water and 9 tributary groundwater <br />wells. The feedlot has water provided by 3 commercial wells. The 12 wells are currently <br />augmented under the Logan Well Users (LWU) plan of operation, and produce approximately 1215 <br />acre-feet of depletions per year. S81 has an existing recharge area that is fed through the terminal <br />end of the South Platte Ditch. Icing of the ditch poses a significant problem during the winter. <br />making running recharge water impossible at times. 581 wants to develop a more flexible <br />recharge system that will generate more augmentation water to be used to offset the depletions <br />caused by their 12 wells. They currently generate credits to offset their charges, but are short in <br />dry years, and are vulnerable because of the ditch icing. The proposed project will add a recharge <br />well at the river to pump to the recharge sites at a maximum of 7 cfs, 13.000 feet of 18- PVC pipe, <br />and 3 new recharge areas. S81 would also tie 4 existing wells into the pipeline for supplying <br />augmentation water directly back to the river. The S81 plan is to generate approximately 1000 - <br />1500 acre-feet of depletion credits. <br /> <br />r <br /> <br />~ <br /> <br /> <br />~ I <br /> <br />-'J <br />~ an od~ <br /> <br />"C-,.,,~~y' "'4-\ <br />'0" ~1e' --- -LL ~ <br />.;.<:1.1"1""'" _~. J'~. 14" <br />.. :..... 1 <br />b..... . <br />. <br />. <br /> <br />. <br /> <br />, <br /> <br />1 <br /> <br />~ <br /> <br />'" <br /> <br />. <br />. <br />. <br /> <br />. <br /> <br />, <br />f1 --r-' ..L._ <br />. o.....me <br /> <br />.. <br /> <br />" <br /> <br />Smart Bros. Farms <br /> <br />. <br /> <br />~ <br /> <br />1---' <br />I <br />CI ' <br />A\I:,RON I. ... 0..0 <br />. <br /> <br />. <br /> <br />Location Map <br /> <br />I <br /> <br />Page 6 016 <br />