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Last modified
1/15/2013 11:01:44 AM
Creation date
9/30/2006 10:08:31 PM
Metadata
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Template:
Publications
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
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<br />1 <br />1 I <br />1\ <br />1 <br />I <br />I <br />I <br />I <br />I <br />I <br /><~ <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />CWCS Construction Loan Program <br />PROJECT OAT A SHEET <br /> <br />Borrower: Bull Creek Res. Canal & Power Co. <br /> <br />County: Mesa <br /> <br />Project Name: Res. Rehabilitation/Enlargement Project Type: Dam/Spillway Modifications <br /> <br />Drainage Basin: Colorado River <br /> <br />Water Source: Bull Creek <br /> <br />Total Project Cost: $660,000 <br /> <br />Funding Sources: cwes & Company <br />Adjudicated Delivery: 850 acre-feet <br /> <br />Type of Borrower: Agricultural <br /> <br />Loan Amount: $594,000 <br /> <br />Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />The Bull Creek Reservoir, Canal and Power Company is located in Mesa, Colorado, and has a service <br />area of approximately BOO acres. The Company operates the Bull Creek Reservoirs that provide <br />irrigation water to shareholders. The Company wants to repair ReselVoir Nos. 1 & 2 and repair and <br />enlarge NO.4 to remove the current restriction and provide additional storage necessary to store the <br />Company's decreed rights. Currently the Company has a Stipulation and Agreement with the SEO that <br />requires the Company to make modifications necessary to retum the reservoir storage to the decreed <br />amounts to avoid losing senior rights. The Project is located on the US Forest Service property and will <br />require a Special Use Permit for access roadway work and dam construction. The reservoirs are remote <br />and located at 10,000 feet elevation and will require special mobilization techniques. Winter weather <br />begins in mid October therefore an aggressive construction schedule will be necessary. <br /> <br /> <br />LOCATION MAP <br />
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