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<br />CWCS Construction Loan Program <br />Project Data <br /> <br />Borrower: Bull Creek Res. Canal & Power Co. <br /> <br />County: Mesa <br /> <br />. <br /> <br />Project Name: Res. Rehabilitation/Enlargement Project Type: Dam/Spillway Modifications <br /> <br />Drainage Basin: Colorado River Water Source: Bull Creek <br /> <br />Total Project Cost: 5660,000 Funding Sources: CWCS & Company <br /> <br />Type of Borrower: Agricultural Adjudicated Delivery: 850 acre-feet <br /> <br />Loan Amount: 5594.000 <br /> <br />Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />The Bull Creek Reservoir, Canal and Power Company is located in Mesa, Colorado, and has a service <br />area of approximately 800 acres. The Company operates the Bull Creek Reservoirs that provide <br />irrigation water to shareholders. The Company wants to repair Reservoir Nos. 1 & 2 and repair and <br />enlarge NO.4 to remove the current restriction and provide additional storage necessary to store the <br />Company's decreed rights. Currently the Company has a Stipulation and Agreement with the SED that <br />requires the Company to make modifications necessary to return the reservoir storage to the decreed <br />amounts to avoid losing senior rights. The Project is located on the US Forest Service property and will <br />require a Special Use Permit for access roadway work and dam construction. The reservoirs are remote <br />and located at 10,000 feet elevation and will require special mobilization techniques. Winter weather <br />begins in mid October therefore an aggressive construction schedule will be necessary. <br /> <br /> <br />LOCATlO:-; MAP <br />