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<br />Ctml',",Color~<lOWCI) <br />Novemo(>r19." 2003 <br /> <br />Aoen<l.Mma.; <br /> <br />Waler Project COM.lructlon Loan Program-Project Data <br /> <br />Borrower: <br /> <br />Groundwater Managemenl Subdlstflcl of lhe <br />Central Coloraljo Wale.- Coos.ervancy District <br /> <br />Project Name: Well Augmenlahon <br /> <br />Project Type: PurchaseWalerRighlsa"d <br />Construct StOfage Facdi1;es <br /> <br />Counties: Weld. Adams. Morgan <br /> <br />Drainage Basill: <br /> <br />SoulhPlalle <br /> <br />W"tllr SOurcll: Sooth Plaltll <br /> <br />Tot,,1 Project C05t: $2285 million <br /> <br />Funding SOurces: Borrower aM CWCB <br /> <br />Type 01 Borrower: Agncullural <br /> <br />Mlldiall HOUSllhold Income: WA <br /> <br />CWCB Loan: <br /> <br />$5mdl,on <br /> <br />Intllrllst Rate: 25% Term: 30 years <br /> <br />Anlluatdllpletlonscoverlld: 22,260 acre-feet <br /> <br />The Gro...,.(twater Mallilgeme"t SubdistnCI of the Cenlral Colorado Waler Conservancy <br />D,slrlCt is located ill Adams, Weld, and Morgan counties. The SUbd,strict has operated <br />an augmenla1ion pia" sl"OO 1973 and currently has 966 agricultural mllfllbo!lr _liS and <br />an annual de;>lelion of 22,260 acre-feet The 2001 Colorado Supreme Court dacis;oo <br />corlC8fnlfl9 "Em;.ire Lodge" now makes 'I necessary fOl tl1eSubdistllctlOacqu"~ <br />addJtional senior waler righls and bu.1d more storage and water recharge fac,lities 10 <br />augment oul-'Of-;lfionty dlVe~ions The Subdistnct was authoriled under lhe Water <br />Cooservancy Act of 1937 and has the power to acqu,re waler rig his, construct and <br />opefate facllllles, ~"Y taxes, and issue debt subject to the pro~isionS of TABOR. The <br />SubdIstrict has completed the feasibilrty sludy. Fund,ng will come from a $15 milll()(\ <br />ewcs loan recommended in November 2002 and a $5 million CWCR fOllow-up loan <br />approved in November 2003, fOf 90% of the cos!. The Subd,strict will fund Il1e <br />remainder <br /> <br />(tout Ion Map on Reve";e) <br /> <br />I <br /> <br />, <br /> <br />. <br />