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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 />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 />Water Project Construction Loan Program - Project Data Sheet <br /> <br />'- <br />'\ <br />"\ <br /> <br />Borrower: <br /> <br />Larimer and Weld Irrigation Co. <br /> <br />County: Weld <br /> <br />Project Name: Larimer and Weld D~ch (Eaton) Project Type: Rehabilitation/Replacement <br /> <br />Drainage Basin: South Platte Water Source: Cache la Poudre, csr <br /> <br />Total Project Cost: $1,666,700 Funding Sources: CWCS <br /> <br />Type of Borrower: Agricultural Aver. Delivery: 90,000 acre-feet <br /> <br />ewcs STTFPBA Loan: $1,500,000 <br /> <br />Interest Rate: 2.50% <br /> <br />Term: 30 years <br /> <br />The Larimer and Weld Irrigation Company (LWIC) operates a system of approximately 40 miles of <br />supply ditch, including control structures. checks and headgates. The LWIC service area extends <br />from the Cache la Poudre diversion north of Fort Collins east to near the town of Galeton, <br />encompassing approximately 86.000 acres, 55.000 acres of which are irrigated fann land. The <br />Company has direct flow rights from their diversion in the Cache la Poudre River, and is also a <br />carrier ditch for reservoir water owned by their stockholders and stockholders in several other ditch <br />and reservoir companies, as well as CST water owned by stockholders. Total water delivered <br />through the Larimer & Weld system averages approximately 90,000 acre-feet per year. The LWIC <br />is applying for a $1,500,000 loan to rehabilitate several structures on the Larimer & Weld Ditch <br />(Eaton Ditch), induding replacing one equalizer check structure (Lake Lee Dam), replacing the Big <br />Windsor Reservoir check and inlet structure, and replacing one check. structure (Finley), located <br />downstream of the existing structure. The Lake Lee Dam and the Big Windsor Inlet are concrete <br />control and conveyance structures that are in disrepair and have reached obsolescence. With the <br />failure of these two structures, LWIC would have a difficult time operating the ditch and would lose <br />water that Is normally stored in the reservoir. The Finley check structure has no means to apply <br />stop logs or other measures. to temporarily check the ditch and is undermined at the base slab and <br />side walls. . <br /> <br />~ <br />, ) <br />" <br /> <br /> <br />! <br /> <br />Location Map <br />
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