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. Water Source: GVIC Mainlain Terms of Loan: $100,000 @3.5% for 30-years Project Yield: 960 acre-feet Project Type: Lateral Rehabilitation The Tilton Lateral is located off headgate No. 160 of the Grand Valley Irrigation Canal (GVre), which is located in southeast Grand Junction. The Tilton Lateral Company operates the lateral to supply 36 shareholders water to irrigate a 177-acre service area. The existing lateral is in poor condition and delivers only one half of its allocated water. The project involves the construction of a new concrete inlet structure at the UP Railroad crossing, the placement of 2,500 linear feet of low head pipe, and the replacement of 10,000 linear feet of existing concrete ditch with high head pipe. The project was designed by the NRCS Grand Junction Office and put out to bid in February of 2003. Only one bid was received at that time, which was rejected due to its high cost. The Tilton Lateral Company is currently working on an altemative design with a private consultant to obtain a project that meets their available funds. Project is tentatively on-hold pending resolution of available funds by Tilton Lateral. 5. Silt Water Conservancy District - System Rehabilitation Authorization: Construction Fund County: Garfield Water Source: Colorado River Project Yield: 18,000 acre-feet Terms of Loan: $1,019,700 @2.75% for 30-years Project Type: System Rehabilitation The Silt Water Conservancy District operates a system consisting of reservoirs, canals, pump plants, and irrigation laterals varying in age from 50-100-years old. This project involves the rehabilitation of the Grass Valley Canal siphon, addressing seepage at the Harvey Gap Dam, sediment removal from the spillway chute at Rifle Gap Dam, and replacement of the pumps at the District's main Pump Plant. The project is currently under design by the Bureau of Reclamation and is scheduled for construction in the fall of2005, . 6. Silt Water Conservancy District - Pump Plant Rehabilitation Authorization: Construction Fund County: Garfield Water Source: Colorado River Project Yield: n/a Terms of Loan: $486,000 @2.75% for 30-years Project Type: n/a The Silt Water Conservancy District operates a pump plant on the Colorado River to deliver water to its Pump Canal, which serves agricultural users on the lower reaches of Silt Mesa. The pump plant was built in the 1960's and is located 2 miles east of the Town of Silt. The current pumping plant has a capacity of 36 cfs and delivers 4,000 acre-feet per year. Excel Energy must replace the existing pump plant transformer due to an upgrade of transmission line. Western Area Power Administration will design the project in 2003. The total project cost is anticipated at $550,000. Excel Energy has indicated to Silt that the need for the new transformer will not be required until 2006/07. Loan contract will be modified to accommodate the time extension. 7. Union Ditch Company - Well Augmentation Project Authorization: Severance Tax Trust Fund County: Weld Water Source: South Platte River Project Yield: 206 acre-feet Terms of Loan: $309,500 @2.50% for320-yearsProject Type: Well Augmentation The Union Ditch Company provides irrigation water to an area of 5,500 acres east of the Town of LaSalle and south of Greeley. The Union Ditch Company has filed application for an augmentation plan to provide replacement water for 40 junior wells owned by the shareholders, formerly serviced by GASP. This project involves the development of 3 recharge ponds, placement of flow measurement devices, and head gate structures into the ponds. The ponds will be filled by gravity flow from the Union Ditch. Union Ditch Company is planning on construction 1 ofthe recharge ponds this spring (Mecure # I site) with the remaining 2 ponds to be constructed in the fall/winter of 2005/06. . 8. Colorado River Water Conservation District - Enlargement of Elkhead Reservoir Authorization: Construction Fund County: Moffat and Routt Water Source: Yampa Project Yield: 12,000 acre-feet