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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 />I <br />. <br />.. <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 />CWCS Construction Loan Program <br />PROJECT DATA SHEET <br /> <br />Borrower: Bull Creek Res. Canal & Power Co. County: Mesa <br /> <br />Project Name: Res. Rehabilitation/Enlargement Project Type: Dam/Spillway Modifications <br /> <br />Drainage Basin: Colorado River Water Source: Bull Creek <br /> <br />Total Project Cost: $660,000 Funding Sources: CWCS & Company <br /> <br />Type of Borrower: Agricultural Adjudicated Delivery: 850 acre-feet <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 800 acres. The Company operates the Bull Creek Reservoirs that provide <br />irrigation water to shareholders, The Company wants to repair Reservoir 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 SED that <br />requires the Company to make modifications necessary to return 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 />~ TOI-70 <br /> <br />f.,. if' <br />10.........;. ...- <br />.G~~. ,tl~"""" <br /> <br />,~ <br /> <br />"'-~'-'" <br /> <br />LOCATION MAP <br />
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