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BOARD00564
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Last modified
8/16/2009 2:51:58 PM
Creation date
10/4/2006 6:40:38 AM
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Board Meetings
Board Meeting Date
1/23/2002
Description
CF Section - Appleton (ML 369) Lateral and Drainage Corporation
Board Meetings - Doc Type
Memo
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<br />- 5 - <br /> <br />o <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Appleton Northwest (ML 369) Lateral & Drainage Co. <br /> <br />County: Mesa <br /> <br />Project Name; Appleton Northwest Lateral <br /> <br />Project Type: <br /> <br />Rehabilitation <br /> <br />Drainage Basin: <br /> <br />Colorado River <br /> <br />Water Source; <br /> <br />Colorado <br /> <br />Total Project Cost: $267,900 <br /> <br />Funding Sources: NRCS, CWCB <br /> <br />Type of Borrower: Agricultural <br /> <br />Median Household Income: N/A <br /> <br />CWCB Small Project Loan: $87,000 <br /> <br />Interest Rate: 2.75% <br /> <br />Term: 30 years <br /> <br />CWCB Grant: $0 <br /> <br />Acre-feet Diverted: 950 acre-feet <br /> <br />c <br /> <br />The Appleton Northwest Lateral & Drainage Corporation operates the Appleton Northwest Lateral as a <br />carrier ditch for the benefit of its 28 shareholders by delivering water from the GVIC Main Line Canal <br />for irrigation within a 250-acre service area. The lateral is located about 5 miles northwest of Grand <br />Junction. The lateral needs to be rehabilitated by placing the ditch in pressurized plastic pipeline and <br />constructing a new head gate on the GVIC canal. The new pipeline will have a capacity of 5 cfs. The <br />Appleton Northwest Lateral & Drainage Corporation is a mutual ditch company and a nonprofit <br />corporation registered in the State of Colorado. The NRCS has completed preliminary plans and a <br />cost estimate for the project and the Company has completed the feasibility study. Proposed funding <br />for the project consists of a CWCB Small Project Loan for $100,000 and the remainder from the <br />NRCS in the form of a grant under the salinity program. <br /> <br /> <br />v - i -1 ~. cc:-~+"'T { <br /> <br />, <br />! < <br /> <br />/--~!.; <br /> <br />.1 :,' <br />i -(, <br />I . <br />J""'- <br />... <br />.' <br />.< <br />- ~ r" <br />~ I -<. <br />........~I <br />51 <br />---r -C--.---;:d(~~ <br /> <br />I <br /> <br />~ <br /> <br />.J;n_ ..; <br /> <br />~ <br />\ <br /> <br />-. <br /> <br />,.-- ~- H. <br />---et:;:....- J <br /> <br />C' <br />I' <br /> <br />:-.:..--=G::;J. <br /> <br />c <br /> <br />Location Map <br /> <br />Flood Pwccction. Water Project Planning ;1l1d Financing. Stream and Lake Protection <br />Water Supply Protection. COl1servCltiOI1 Planning <br /> <br />. <br />
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