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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 />., <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />. <br />.) <br />,..c;.' <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 DATA SHEET <br /> <br />Borrower: Beaver Reservoir Company County: Gunnison <br />Project Name: Liner Protection and Valve Replacement Drainage Basin: Gunnison <br /> <br />Project Type: Reservoir Rehabilitation <br />Total Project Cost: $142,800 <br />Loan Amount: $128,500 <br />Type of Borrower: Low MunicipaVAgricultural <br /> <br />Water Source: Minnesota Creek <br />Funding Sources: ewCB & Company <br />Current Reservoir Capacity: 1.620 acre-feet <br /> <br />Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />The Beaver Reservoir is located in Gunnison County at an elevation of 8,100 feet. The dam is 113 <br />feet tall and has a storage capacity of 1,620 acre-feet A zoned earthfill dam impounds the reservoir <br />across the East Fork of the Minnesota Creek. The reservoir is used to store and regulate the release <br />of water for irrigation of about 3,400 acres of agricultural land. The Beaver Reservoir Company <br />(BRC) is comprised of 1,600 shares. The shares are split as follows: Minnesota Canal and Res. Co. <br />(900 shares), Turner Dttch Co. (400 shares) Lone Cabin Ditch and Res. Co. (300 shares). The <br />reservoir was built in 1958 by the BRC. The BRC borrowed $415,000 in 1995 to install the liner and <br />remove a restriction placed on the reservoir by the SED. The Project consists of stabilizing the <br />reservoir liner, which was installed in 1995 and financed by ewCs. The Project will also include the <br />replacement of the malfunctioning and unreliable hydraulic valve and gate on the intake end of the <br />outlet structure, <br /> <br /> <br />t~.....-;... <br />~..': <br /> <br />DELTA <br /> <br />> <br /> <br />-...'.... <br /> <br />,~4;.~ ;'r ": ''''i''~.t <br />U;~n!.r'<.;J!f1-_ <br />,,.. 1. '~.. __ )~... <br />",- ~/ <br />. -- <br />I ,-. <br />~~A( <br />.1 <br />JI <br />Hotchld~s <br /> <br /> <br />I ~,..'1" <br />I -", , <br />1 ..:r~:'P" " ~ <br />"/ Sk~,'.'~ <br />Bov.fe ~":.,I,,=.." <br />.." <br />... <br />..., <br /> <br />" <br /> <br />, <br />, <br /> <br /> <br />-\ <br />1] <br /> <br />Paonra .' <br />..' <br />. ....... <br />r -". <br />,,' <br />f, .... <br /> <br />-...-. <br /> <br />. <br /> <br />. '-- <br />;Lazear -' <br /> <br />" <br /> <br />,~ .......-.. <br /> <br />J <br /> <br />.~ <br />-. <br /> <br />. <br />" <br /> <br />~U" . <br /> <br />- ' <br />.. <br /> <br />LOCATION MAP <br />
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