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<br />, <br />I <br /> <br />Riverside Reservoir and Land Co. Agenda Item 15b. <br />March 20-21, 2000 <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />e <br /> <br />Borrower: Riverside Reservoir and Land Company <br /> <br />Project Name: Riverside Reservoir Diversion <br /> <br />Project Type: Rehabilitation <br /> <br />County: MorganlWeld <br /> <br />Drainage Basin: South Platte Water Source: South Platte <br /> <br />Total Project Cost: $450,000 <br /> <br />Funding Sources: Company and CWCS <br /> <br />Type of Borrower: Agricultural <br /> <br />Median Household Income: N/A <br /> <br />CWCB Loan: $405,000 <br /> <br />Interest Rate: 4% <br /> <br />Term: 30 years <br /> <br />CWCB Grant: $5,000 <br /> <br />Average Annual Volume of Water diverted: 113,111 acre-feet <br /> <br />. <br /> <br />The Riverside Reservoir diversion is located in Weld County, approximately 5 miles east of Kersey, on the <br />South Platte River. The Riverside Reservoir and Land Company operates the diversion to fill Riverside <br />Reservoir, and to supply water to 103 shareholders for irrigation of 50,000 acres of farmland. The <br />diversion is in poor condition and the Company needs to rehabilitate it in 2000. The average annual <br />volume diverted is 113,111 acre-feet. The Riverside Reservoir and Land Company is a mutual ditch <br />company and a nonprofit corporation registered in the State of Colorado. Jack Odor P.E. of GASP. will <br />complete the feasibility study. Proposed funding for the project consists of a CWCB loan for $405,000, and <br />$45,000 from the Company. The CWCB will provide grant funding for 50% of the cost of the Feasibility <br />study, up to a maximum of $5,000. <br /> <br /> <br />.. <br /> <br />, * <br />-~- <br />RIVERSIDE RESERVOIR ',... <br />DRAINAGE BASIN <br /> <br />~-.., <br /> <br />. <br />, <br /> <br />7 <br /> <br /> <br />~ <br />I ....vt <br />(Willll <br />('^. j.~." <br />:'-- <br />,,-,v , <br />,." <br />,.".~ <br />"'I\) ',0 <br />!~\~j <br />:s ' . <br /> <br />L D <br /> <br />, <br /> <br />~ <br /> <br />No <br /> <br />6 <br /> <br />\ <br />... <br /> <br />( <br /> <br />; <br />,"y- <br /> <br />"\ .~ <br />I <br /> <br />." <br /> <br />;:; '" <br />1\......,.,r <br />~.. "";) <br />0_ <br /> <br />'. . <br /> <br />f/ <br />)f <br />,.-, <br />, . >' <br />\ __ n SOuth Rtl. ~.J( <br /> <br />oilen <br />'(rOll <br />j: <br /> <br />(\.. 3 <br /> <br />RIVERSIDE RESERVOIR AND lAND COMPANY <br /> <br />e <br /> <br />Location Map <br /> <br />5 <br />