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<br />Terrace lnigabon Company <br />March 17, 2004 <br /> <br />Agenda Item 25e. <br /> <br />. <br /> <br />\\'ater Project Construction Loan Program~Project Data <br /> <br />Borrower: Terrace Irrigation Company County: Conejos <br /> <br />Project ~ame: Terrace Reservoir Outlet Repairs Project Type: Reservoir Rehabilitation <br /> <br />Drainage Basin: Rio Grande 'Vater Source: Alamosa River <br /> <br />Total Project Cost: 5270,000 Funding Sources: Company and eWCB <br /> <br />Type of Borrower: Agricultural Interest Rate: 2.5 <br /> <br />CWCR Loan: $245,430 (Includes Org, Fee) Term: 30 years <br /> <br />CWCR Grant: SS.OOO <br /> <br />Average Annual Volume of 'Vater dh..erted: 15,339 AF <br /> <br />. <br /> <br />The TIC, located in Conejos County, 0'W11S and operates the Terrace Reservoir to deliver direct flow <br />irrigation water for the benefit of the 27 shareholders. Water is stored in Terrace Reservoir from <br />flows from the Alamosa River and released downstream into the Alamosa River and diverted <br />through Main Terrace Canal and the Alamosa Creek Canal. The project involves the construction <br />of a cofferdam to allow access to the outlet works, the removal and replacement of the existing <br />traSh rack, debris and sediment removal within the outlet pipe, the repair of the existing double leaf <br />48-inch gate valve in the west outlet tunnel, and general maintenance to the downstream ring-jet <br />valve. <br /> <br />. <br /> <br /> <br />C' <br /> <br />~ <br /> <br />.1) . <br /> <br />f .1 <br /> <br /> <br />~ <br /> <br />, ' <br /> <br />'. <br /> <br />, <br /> <br /> ~ . <br /> 1\ <br />~ <br />, <br />" . <br /> -, . <br /> c -'Lj <br /> ., ' <br /> L ~, <br /> -+ <br />~.. . ~ <br />t <br />. i- n <br /> <br />, <br />, <br /> <br />~ <br /> <br />, <br />, <br /> <br /> <br />_I <br /> <br />~~-' <br /> <br />" . <br />'Terrace Reservoir . <br /> <br />I ~ I <br /> <br />::- }.._ .1- <br />~- ,r <br />J'I __ <br />f <br /> <br />., J'~ <br /> <br />-<=j- <br />, <br /> <br />- Tl <br />~ . -I ...:- <br />l~ <br /> <br />nO;- <br /> <br />, <br />_;w- <br /> <br />,. <br /> <br />.. <br /> <br />Location Map <br /> <br />5 <br />