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Last modified
3/26/2010 3:55:22 PM
Creation date
9/30/2006 10:20:25 PM
Metadata
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Template:
Publications
Year
2004
Title
Small Project Loan Report
CWCB Section
Finance
Author
CWCB
Description
Construction Fund and Severance Tax Fund Perpetual Base Account
Publications - Doc Type
Tech Report
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<br />- <br />, -, <br /> <br />Water Project Construction Loan Program - Project Data <br /> <br />Borrower: <br /> <br />Henry Bolen Ditch Company <br /> <br />County: Montezuma <br /> <br />Project Name: Henry Bolen Ditch Pipeline Pro). Project Type: Ditch Piping for Salinity Control <br /> <br />Drainage Basin: Mancos River Water Source: Mancos River <br /> <br />Total Project Cost: $669,500 Funding Sources: NRCS, CWCB <br /> <br />Type of Borrower: Agricultural Average Delivery: 2505 acre-feet <br /> <br />Loan Amount: $128,750 (Initial loan $515,000) Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />The Henry Bolen Ditch Company is a non-profit corporation registered in the State of Colorado in <br />2003. The Company manages the Henry Bolen Ditch for the seven members which own water <br />rights and land served by the ditch. The diversion point is located southwest of the Town of <br />Mancos, The ditch Is approximately two and a half miles (13,000 feet) long and carries <br />approximately 13 cts. The proposed Ditch Pipeline Project will upgrade the ditch by installing <br />12,000 feet of ditch pipeline and 2.000 feet of lateral lines to reach member-owned lands. NRCS <br />will provide planning, design and a field engineering services. Proposed funding consists of an <br />Initial loan from CWCB for $515,000 that will be reduced by an NRCS CRB Salinity Control <br />Program grant for $386,250 following project completion. The remaining $128,750 will become a <br />3G-year CWCB Loan. <br /> <br />... . 1'"--' . ~"" <br />',' .....-.."........, /' <br />,,:,...... \' ~ , <br />.....\ --... iff' .-?I <br />r" ... '(.../ --." <br />\ f "......;;- <br />":s _~- <br />~-I~ i ;- ,; <br />~ - r.' <br />, 'f. ",' <br />t'. fO <br />,. ' '- -- <br />."~' :... "" .;Y..:;.:_. <br />, HENRY BOlEN OITCH -". <br />lh2L'" - ii <br />"' :" <br />) ''; <br /> <br />V .... <br />..-<~ <br />Y' -- <br /> <br /> <br />- <br /> <br />'/~'irrt:.~' <br />, "t. ./--;:-........1 <br />,I , <br />,tv. :! <br /> <br />~--::. . <br /> <br />- <br /> <br />r-'.: <br /> <br /> <br />,,-)'\ <br />.. ) <br /> <br />i <br /> <br />. &' <br />1 ~ . ~':e; <br />, . "', .:! .~;c:s <br /> <br />E.l--(Jr-....;;;::-....~\'1. ~ + .:..~ '.J <br />'" .~ ~. ...... <br />" ~'t.... ~ .-'.~!.. <br />~ )>- I' DIVERSION STRUCTURE at MANCOS RIVER <br />\lil, ...... .1/ ..... <br /> <br />" <br /> <br />LOCATION MAP <br />
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