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<br />Boulder and Left Hand irrigation Co. <br />November 22-23, 1999. Agenda Item 11d. <br /> <br />., <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />, <br /> <br />e <br /> <br />Borrower: Boulder and Left Hand Irrigation Company <br /> <br />Project Name: Twin Lakes <br /> <br />Project Type: Rehabilitation <br /> <br />County: Boulder Drainage Basin: South Platte Water Source: Boulder Creek <br /> <br />Total Project Cost: $140,500 Funding Sources: Company and CWCB <br /> <br />Type of Borrower: Agricultural Median Household Income: N/A <br /> <br />CWCB Small Project Loan: $100,000 Interest Rate: 3.75% Term: 20 years <br /> <br />CWCB Grant: $5,000 Average Annual Volume Diverted: 2,584 acre-feet <br /> <br />The Twin Lakes Reservoir is located in Boulder County, 1 mile northeast of Boulder. The Boulder and Left <br />Hand Irrigation Company operates Boulder and Left Hand Ditch and Company reservoirs to supply water <br />to 50 shareholders for irrigation within the 2,000-acre service area. The outlet and spillway on Twin Lakes <br />Reservoir are in poor condition and the Company needs to reconstruct them in spring 2000. The average <br />ann!,lal volume diverted is 2,584 acre"feet. The Boulder and Left Hand Irrigation Company is a mutual <br />ditch company and a nonprofit corporation registered in the State of Colorado. Mike Ballantine P.E. of <br />Rocky Mountain Consultants has completed the feasibility study. Proposed funding for the project consists <br />of a CWCB Small Project loan for $100,000, and $40,500 from the Company. The CWCB contributed _ <br />$5,000 toward the cost of the feasibility study. _ <br /> <br /> <br />/ <br /> <br />"\ <br /> <br />. . <br />. <br />- ... <br /> <br />~~.. ~ ;, <br /> <br />) <br /> <br />~ <br />. .. <br /> <br />e <br /> <br />Location Map <br /> <br />4 <br />