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Last modified
8/16/2009 3:00:29 PM
Creation date
10/4/2006 6:53:27 AM
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Board Meetings
Board Meeting Date
7/18/2005
Description
CF Section - New Project Loans - East Mancos Highline Ditch Company - Ditch Pipeline Project
Board Meetings - Doc Type
Memo
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<br />CWCB Construction Loan Program <br />Project Data Sheet <br /> <br />Borrower: East Mancos Highline Ditch Co <br /> <br />County: Montezuma <br /> <br />Project Name: Ditch Pipeline Project Project Type: Ditch Piping for Salinity Control <br /> <br />Drainage Basin: San Miguel-Dolores/San Juan Water Source: East Fork Mancos River <br /> <br />Total Project Cost: $904,000 Funding Sources: NRCS, CWCB <br /> <br />Type of Borrower: Agricultural Average Delivery: 869 acre-feet <br /> <br />Loan Amount: $458,074 (Initial loan $904,000) Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />The East Mancos Highline Ditch Company is a non-profit corporation established in the State of <br />Colorado in 2004. The Company manages the East Mancos Highline Ditch for the six members that <br />own water rights and land served by the ditch. The diversion point is located east of the Town of <br />Mancos. The ditch is approximately 5.75 miles long and carries approximately 8.6 cfs. The <br />proposed ditch pipeline project will install new PVC piping from 15-inch to 10-inch pipe along with <br />metered delivery points at member-owned lands. NRCS may provide planning, design and field <br />engineering services. Proposed CWCB funding consists of an initial loan from CWCB for $904,000 <br />that will be reduced by an NRCS Colorado River Basin Salinity Control Program grant for $445,926 <br />following project completion. The remaining $458,074 will become a 30-year CWCB Loan. <br /> <br /> <br />LOCATION MAP <br />
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