PUB00134

• Year: 1998
• Title: Construction Fund Annual Report 1998
• CWCB Section: Finance
• Author: CWCB
• Description: Construction Fund Annual Report 1998
• Publications - Doc Type: CF Annual Report

TABLE 4
Loans Approved by the CWCB from the
Small Project Loan Account

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2.5 Small Project Loan Account

In 1994 through SB94-029, the General Assembly created the Small Project Loan Account. A
total of $2.0 million was set aside for loans of $100,000 or less. The CWCB was empowered to
authorize these loans at any time during the year without waiting to submit these projects for General
Assembly approval during the legislative session.

The Board approved 5 Small Project Account loans in FY 96, 5 Small Projects Account loans
in FY 97, 4 Small Project Account loans in FY 98, and 1 thus far in FY 99 totaling $1,000,700.
However, the total amount actually under contract was less, or $929,000 as listed below. A balance
of$631,304 was reported by COFRS to be in the account on June 30,1998.

Meeting Approved Contraet
Aonroved_BorrowerlEmerl!encv_ _ _ _ _._ .--- -- eonntv _AmounL_ __ Amonnt_ _ _ 'I
Jul1995 Caryl R, Carroll - Rio Blanco $ 25,000 $ 25,000
D&D Wise Dam Rehab. (Additional)
Jan 1996 The Pagosa Springs Pipeline Co. - Archuleta 60,000 0
Raw Geothermal Water Pipeline
Jan 1996 South Platte Ditch Company - Logan 100,000 100,000
Diversion Structure Rehabilitation
Mar 1996 Bravo Ditch Company - Logan 51,700 40,000
Diversion Structure Rehabilitation
May 1996 Tremont Mutual Ditch Company - Morgan 45,000 45,000
Diversion Structure Rehabilitation
Sep 1996 Decker Lateral Company - Weld 100,000 100,000
Decker Lateral Lining Project
Nov 1996 Excelsior Irrigating Company - Pueblo 100,000 100,000
Ditch Rehabilitation
Mar 1997 Cotton Creek Water Company - Saguache 100,000 100,000
Airline Ditch Rehabilitation
Mar 1997 Farmers Independent Ditch - Weld 55,000 55,000
Ditch Rehabilitation
May 1997 Chipperfield Lane Ditch - Garfield 60,000 60,000
Rehab Headgate and Pipeline
CWCB FY98 Annual Report, page 10