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Last modified
8/16/2009 2:58:35 PM
Creation date
10/4/2006 6:50:37 AM
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Board Meetings
Board Meeting Date
7/28/2003
Description
CF Section - New Project Loans Victor & Margie Quint
Board Meetings - Doc Type
Memo
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<br />.' <br /> <br />'j <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Victor and Margie Quint <br />JUly 28-30, 2003 <br /> <br />Agenda Item 21g <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Victor and Margie Quint. <br /> <br />County: MorganlWashington <br />Project Type: Well Augmentation <br /> <br />Project Name: Quint Augmentation Site <br /> <br />Drainage Basin: South Platte River <br /> <br />Water Source: South Platte River <br /> <br />Total Project Cost: $95,000 <br /> <br />Funding Sources: CWCS and Borrower <br /> <br />Type of Borrower: Agricultural <br /> <br />Median Household Income: N/A <br /> <br />CWCB Loan: $85,500 <br /> <br />Interest Rate: 2.5% Term: 30 years <br /> <br />CWCB Grant: $600 <br /> <br />Average annual well diversions: 1,000 acre-feet <br /> <br />Victor and Margie Quint are the owners of the Quint Farm, consisting of 740 acres. The farm is <br />located in Morgan and Washington Counties, 8 miles northeast of Brush. The project involves <br />construction of a recharge well, a recharge pond, and a pipeline connecting the two. The project <br />will generate augmentation credits to cover depletions for 4 irrigation wells used by the Quint <br />Farm. The project will be completed in summer-fall 2003. Brent Nation, P.E., of Nation <br />Engineering Services has completed the feasibility study. Proposed funding for the project <br />consists of an $85,500 Small Project Loan and a $600 Feasibility Study Grant from the CWCS, <br />and the remainder from the Borrower. <br /> <br /> <br />.... If <br /> <br />'"~ <br />, <br /> <br />"...,: <br /> <br />Location Map <br /> <br />5 <br />
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