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<br />Jackson Lake Reservoir and irrigation Co. <br />November 22.23,1999. Agenda Item 13b. <br /> <br />" <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />:1 <br />-- <br /> <br />Borrower: Jackson Lake Reservoir and Irrigation Company <br /> <br />Project Name: Jackson Lake Diversion <br /> <br />Project Type: Rehabilitation <br /> <br />County: MorganlWeld <br /> <br />Drainage Basin: South Platte <br /> <br />Water Source: South Platte <br /> <br />Total Project Cost: $374,000 <br /> <br />Funding Sources: Company and CWCB <br /> <br />Type of Borrower: Agricultural <br /> <br />Median Household Income: N/A <br /> <br />CWCB Loan: $336,600 <br /> <br />Interest Rate: 4% <br /> <br />Term: 30 years <br /> <br />CWCB Grant: $0 <br /> <br />Average Annual Volume of Water diverted: 34,000 acre-feet <br /> <br />The Jackson Lake diversion is located in Weld County, 24 miles west of Fort Morgan, on the South Platte <br />River. The Jackson Lake Reservoir and Irrigation Company operates the diversion to fill Jackson Lake, <br />and to supply water to 90 shareholders for irrigation within the 17 ,OOO-acre service area. The diversion is <br />in poor condition and the Company plans to rehabilitate it in 2000. The average annual volume diverted is <br />34,090 acre-feet. The Jackson Lake Reservoir and Irrigation Company is a mutual ditch company and a <br />nonprofit corporation registered in the State of Colorado. Jack Odor P.E. of G.A.S.P. has completed the <br />feasibility study. Proposed funding for the project consists of a CWCB loan for $336,600, and $37,400 <br />from the Company. The Company paid the cost of the feasibility study. <br /> <br /> <br />\\ \ -i <br />'t \ I <br />..\- I <br />~'1I411U1I ,,~ ! <br />--AL.-~j <br />( -: 1 <br />I , <br /> <br />I" <br /> <br />0... <br /> <br />;-.'-t \ '. <br />" ... HIGHHJt <br />...~ .......J <br />'l""1l' \.0 <br />. <br /> <br />-'1 <br />, <br /> <br />e <br /> <br />: <br />HItLS.... iii !: <br />..... II ';I. <br />----- --+~- <br />, <br />: <br />; <br />, <br />, <br />, <br />, <br />, <br />i <br /> <br />JI <br /> <br />yc:;:cA. .,.... <br />-' .-.... <br /> <br />, <br />:. <br />---:1: <br /> <br />e <br /> <br />Location Map <br />4 <br />