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Terms of Loan: $490,000 @ 4.25% for 30-yearsProject Type: Reservoir Rehabilitation Lake Henry Reservoir is located approximately 5 miles northea~t of Ordway and is filled by the Colorado Canal, which diverts water from the Arkansas River. The existing dan\. was constructed in the early 1900's and was . enlarged in 1951. The existing reservoir is a Class 2 structure, 18-ft high, impounding approximately 9,500 acre- feet of water. Annual maintenance and repair have been neede4 to keep the dam in operation and in compliance with the State Engineer's Office. The reservoir has seepage prQblems and has no emergency spillway. The proposed improvements to the reservoir are the construction of Ii toe drain system and the construction of a new 400-ft. wide spillway to accommodate 50% of the Probable Maximum Flood (PMF). The project is currently under construction should be completed by October of 2003. 8. Lake Meredith Reservoir Companv Lake Meredith Rehabijitation Project Authorization: Construction Fund Coun~: Crowley- Near Ordway Water Source: Arkansas River Project Yield: 41,000 acre-feet Terms of Loan: $1,000,000 @ 4.00% for 30-years Projec~ Type: Reservoir Rehabilitation The Lake Meredith Reservoir Company stores water in Meredith Reservoir for agricultural, municipal, domestic, and other beneficial uses. The Colorado Canal fills the reservoir, which has its head gate, located on the Arkansas River. This project involves the relocation of approximately 5 miles of outlet canal to allow the Reservoir Company to utilize an additional 18,000 acre-feet of storage, which is currently in a dead pool. The project is currently under construction and is anticipated to be complete in April of 2004. 9. Stieb Brothers Well Augmentation Proiect Authorization: Construction Fund CountY: Logan - Near Sterling Water Source: South Platte Basin Project Yield: 6,000 acre-feet Terms of Loan: $151,500 @ 2.5% for 30-years Project Type: Well Augmentation The Stieb Brothers is a private family farm located approximately 10 miles north of Sterling, near the Town of iliff, . where they irrigate 723 acres with 12 sprinklers. These 12 wells are currently augmented under the Groundwater Appropriators of the South Platte (G.A.S.P.) The Stieb Brothersihave been using GASP to replace depletions from their well pumping when there is a senior water right call on the:river. In order to keep their sprinklers runoing in the summer months the Stieb Brothers plan to construct 2 wells to pump water to a recharge pond in the winter months when there is no call on the river . Water from the ponds would seep into the ground and return to the river at a delayed rate and recharge the river during the critical summ(:r months. Authorization: The project is currently under construction and is scheduled to be complete by'December of 2003. 10. Snringdale Ditch Companv Well Augmentation Proiect Authorization: Construction Fund CountY: Logan - Near Sterling Water Source: South Platte Basin Projec~ Yield: 10,647 acre-feet Terms of Loan: $135,000 @ 2.75% for 30-yearsProject Type: Well Augmentation The Sprigdale Ditch Company operates the Springdale Ditch fo~ the delivery of irrigation water within a 4,490 acre service area. The headgate for the ditch is located in Logan Co$ty 6 miles southwest of Sterling. The project involves the construction of augmentation ponds and drilling one augmentation well and 2 recharge wells to generate credits to cover depletions from 43 irrigation wells used by Stockholders of the Company. The project engineer is Brent Nation with Nation Engineering Services, Fort Morgan, Colorado. The project is currently under construction and is anticipated to be complete by December of2003. II. Unner Platte & Beaver Canal Companv Well Augmentati~n Proiect Authorization: Construction Fund Count>:: Morgan - Near Fort Morgan Water Source: South Platte Basin Project Yield: 32,500 acre-feet Terms of Loan: $67,500 @2.25% for 10-years Project Type: Well Augmentation .