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<br />.- <br /> <br />Fulton Irrigation Ditch Company <br />March 17, 2004 <br /> <br />Agenda Item 25b. <br /> <br />. <br /> <br />\Vater Project Construction Loan Program-Project Data <br /> <br />Borrower: Fulton lnigation Ditch Company <br /> <br />Count)': Adams <br /> <br />Project ~ame: Fulton Ditch Spillway Repair <br /> <br />Project Type: Diversion Rehabilitation <br /> <br />Drainage Basin: South Platte <br /> <br />'Vater Source: South Platte River <br /> <br />Total Project Cost: 5200,000 <br /> <br />Funding Sources: Company and eWeB <br /> <br />Type of Borrower: AgriculnrrallMunicipal <br /> <br />Interest Rate: 2.8% <br /> <br />CWCB Loan: 5170,000 (Includes Org. Fee) <br /> <br />Term: 20 years <br /> <br />Average Annual Volume of 'Vater dh!erted: 30,666 AF <br /> <br />. <br /> <br />The Fulton Irrigation Ditch Company (FlOC), located in Adams County, owns and operates the <br />Fulton Irrigation Ditch to deliver direct flow inigation water for the benefit of the 220 shareholders. <br />Water is diverted from the South Platte River, located about 5 miles southwest from the City of <br />Brighton, to a 37,628 acre service area. The FIDC is applying for a loan in the amount ofSI70,OOO <br />to make repairs to their existing diversion structure. The estimated total cost of the project is <br />$200,000, which involves the placement of steel sheet piling upstream and dO\lmstream of the <br />existing spillway structure, with a concrete pile cap, and the placement of pressurized grout in the <br />existing stilling basin to fill any existing voids. <br /> <br /> <br />, <br /> <br />i <br /> <br />" <br />"'~ . <br />" <br />- - <br />" <br />"-'--, <br /> <br />. <br /> <br />:::;?-Jf ~\- <br /> <br /> <br />Location Map <br /> <br />5 <br />