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BOARD01171
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Last modified
8/16/2009 2:58:46 PM
Creation date
10/4/2006 6:51:11 AM
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Template:
Board Meetings
Board Meeting Date
11/19/2001
Description
CF Section - New Loans - Larimer County - Dry Creek Flood Mitigation Project
Board Meetings - Doc Type
Memo
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<br />Colorado Water Conservation Board <br />Water Project Construction Loan Program. Project Data <br /> <br />Borrower: Larimer County <br /> <br />County: Larimer <br /> <br />Project Name: Dry Creek Flood Mitigation Project Project Type: Flood Mitigation Project <br /> <br />Drainage Basin: South Platte <br /> <br />Water Source: Cache 1a Poudre River <br /> <br />Total Project Cost: $12,600,000 <br /> <br />Fu~ding Sources: CWCB, City of Ft. <br />Co~lins, Larimer-Weld Irrigation Co. <br /> <br />Type of Borrower: Municipal <br /> <br />Median Household Income: Low <br /> <br />CWCB Severance Tax Trust Fund Perpetual Base A.ccount Loan: $11,000,000 <br /> <br />Interest Rate: 3.75% <br /> <br />Term: 30 years <br /> <br />Project Beneficiaries: Low Income Residential, CominerciallLight Industrial, and Agricultural <br />i <br /> <br />, <br /> <br /> <br />.. <br /> <br />Project Description: Larimer County is applying for an $11 million loan from the Severance Tax Trust <br />Fund Perpetual Base Account to construct flood control structures and improvements in the Lower Dry <br />Creek basin in and around Fort Collins. The goal of the project is to build structural flood control <br />features to reduce flood impacts to existing and future developments and to provide enhanced water .. <br />management for the Larimer-Weld Irrigation Company. <br /> <br /> <br />~('.QI8I.AKI! <br /> <br />...., ' <br /> <br />~ <br />1.,,(''"'''''' <br />!.~-t5=~. <br /> <br />" <br /> <br />Location 'Map <br />Dry Creek Flood Mitigation Project - Larimer CountylFort Collins <br /> <br />6 <br /> <br />.. <br />
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