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<br /> <br />\ <br /> <br />e <br /> <br />e <br /> <br />e <br /> <br />Cedar Mesa Ditch and Reservoir Company <br />July 23-24, 2001 <br /> <br /> <br />Agenda Item 9b, <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Cedar Mesa Ditch & Res, Co. <br /> <br />County: Delta <br /> <br />Project Name: Cedar Mesa Dam <br /> <br />Project Type: Rehabilitation <br /> <br />Drainage Basin: <br /> <br />Gunnison <br /> <br />Water Source: Bonita Creek <br /> <br />Total Project Cost: $131,667 <br /> <br />Funding Sources: CWCB, CRWCD, Private <br /> <br />Type of Borrower: Agricultural <br /> <br />Median Household Income: N/A <br /> <br />CWCB Small Project Loan: $100,000 <br />CWCB Grant: $4850 (Feasibility Study) <br /> <br />Loan Terms: 3,5% for 30-years <br /> <br />Average diversions: 903 acre-feet <br /> <br />The Cedar Mesa Ditch and Reservoir Company operates the Cedar Mesa Dam for the benefit of <br />its 24 shareholders by providing storage of irrigation water for delivery to a service area on the <br />Cedar Mesa. The dam is located on the Grand Mesa, about 12 miles north of Cedaredge, The <br />dam has a seepage problem and rehabilitation work needs to be completed in fall 2001. The <br />reservoir capacity is 903 acre-feet The Cedar Mesa Ditch and Reservoir Company is a mutual <br />ditch and reservoir company and a nonprofit corporation registered in the State of Colorado. <br />Mike Smith of Knight Piesold Engineers has completed the feasibility study. Proposed funding <br />for the project consists of a CWCB Small Project Loan for $100,000, a $6,500 grant from the <br />Colorado River Water Conservation District, a $4850 grant from the CWCS, and private <br />funding. <br />; ,~.""""- <br />,~,-.." - <br />J'..' ~_ <br />'~""1t:f.-_ <br />~.. ~. <br /> <br /> <br />'; <br />, , <br />\), <br /> <br />5 <br /> <br />I <br />