PUB00040

• Year: 2004
• Title: 2004 Small Project Loan Report
• CWCB Section: Finance
• Author: CWCB
• Description: 2004 Small Project Loan Report
• Publications - Doc Type: Small Project Loan Report

I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I

-
, -.

Water Project Construction Loan Program - Project Data

Borrower:

Henry Bolen Ditch Company

County: Montezuma

Project Name: Henry Bolen Ditch Pipeline Proj. Project Type: Ditch Piping for Salinity Control

Drainage Basin: Mancos River Water Source: Mancos River

Total Project Cost: $669.500 Funding Sources: NRCS, CWCB

Type of Borrower: Agricultural Average Delivery: 2505 acre-feet

Loan Amount: $128,750 (Initial loan $515.000) Interest Rate: 2.5%

Term: 30 years

The Henry Bolen Ditch Company is a non-profit corporation registered in the State of Colorado in
2003. The Company manages the Henry Bolen Ditch for the seven members which own water
rights and land served by the ditch. The diversion point is located southwest of the Town of
Mancos, The ditch is approximately two and a half miles (13,000 feet) long and carries
approximately 13 cfs. The proposed Ditch Pipeline Project wili upgrade the ditch by Installing
12,000 feet of ditch pipeline and 2.000 feet of lateral lines to reach member-owned lands. NRCS
will provide planning, design and a field engineering services. Proposed funding consists of an
initial ioan from CWCS for $515,000 that will be reduced by an NRCS CRB Salinity Control
Program grant for $386.250 following project compietion. The remaining $128,750 will become a
30-year ewCB Loan.

. - 1"---- ~ ....
...;. .......--,.1:" 'i ". ....
..-\,_ '.,>1' ~I
.J.... .., ~J I" - -, .-
-- .-
. \ t ,-< - -....."
~ Ir.Z~-:;j -
> ~:... >~:-
, HENRY BOLEN DITCH .".
h........1 '"~ "j "
,'\ \ ' r
'j /
, .
\.
,..:,
j,. :..--
-.

,'\
~- I

'; '~jl MAN~:S
l ; , ,":--,
',.J ' . ."-"
.' : '+ J!{
t.lo(l.;:c---::...:--~ '. .:.} /
.... ~'----
\0 ~-' '1".... _ "' ...a;'f.:
~.. ./ DIVERSION STRUCTURE at MANCOS RIVER

. .

LOCATION MAP