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Last modified
8/16/2009 2:46:29 PM
Creation date
10/4/2006 6:32:55 AM
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Board Meetings
Board Meeting Date
3/21/2006
Description
CF Section - Construction Fund and Severance Tax Trust Fund Perpetual Base Account New Loans - Orchard Mesa Irrigation District - Stokes Gulch Siphon Replacement
Board Meetings - Doc Type
Memo
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<br />e <br /> <br />. <br /> <br />e <br /> <br />CWCS Construction Loan Program <br />Project Data Sheet <br /> <br />Borrower: Orchard Mesa Irrigation District <br /> <br />County: Mesa <br /> <br />Project Name: Stokes Gulch Siphon Replacemnt Project Type: Ditch Rehabilitation <br /> <br />Drainage Basin: Colorado <br /> <br />Water Source: Colorado River <br /> <br />Total Project Cost: $600,000 <br /> <br />Funding Sources: District, CWCS <br /> <br />Type of Borrower: Agricultural <br /> <br />Average Delivery: 58,323 acre-feet <br /> <br />Loan: $540,000 <br /> <br />Study Grant: $15,000 <br /> <br />Term: 30 years <br /> <br />Interest Rate: 2.5% <br /> <br />The District was organized in 1904 and became a part of the Federal Grand Valley Project in 1922 <br />and operates under the 1921 Irrigation Act. The District is located in Mesa County near the town of <br />Palisade along the Colorado River. The Stokes Gulch Siphon was constructed in the 1920's and is <br />in need of repair. The Siphon and Power Canal are owned and operated by the District for the <br />conveyance of water for power generation and irrigation. The Siphon is located two miles east of <br />Palisade along US 6. The Project will replace the existing siphon and is expected to cost $600,000 <br />and construction is scheduled for the winter of 2006. The Siphon was constructed in the 1920's and <br />is in need of repair. In 2005, with the assistance of a Loan Feasibility Study Grant of $15,000, the <br />District evaluated repair and replacement options for the Siphon. <br /> <br /> <br />"k "'-l ~6\: V,r-r'l 1/ <br /> <br />LOCATION MAP <br />
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