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<br />202
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<br />Supply Irrigating Ditch Co,
<br />Janual)l 24-25, 2001,
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<br />Agenda Item l1b,
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<br />Water Project Construction Loan Program-Project Data
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<br />Borrower: Supply Irrigating Ditch Company
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<br />County: Boulder
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<br />Project Name: Knoth Reservoir Dam
<br />Drainage Basin: South Platte
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<br />Project Type: Rehabilitation
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<br />Water Source: 51. Vraln Creek
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<br />Total Project Cost: $1,900,000
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<br />Funding Sources: Company and cWCS .
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<br />Type of Borrower: Agrioultural
<br />CWCB Loan: $1,700,000
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<br />Blended Interest Rate: 3.5%
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<br />Term: 30 years
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<br />cweB Grant: $5,000
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<br />Average Annual Volume of Water to be diverted: 9,500 AF
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<br />The Supply Ditch is located In Boulder County, 4 miles north west of Longmont, and diverts water from $1.
<br />Vraln Creek. The Supply Irrigating Ditch Company operates the ditch to supply water to 160 shareholders
<br />for Irrigation within the 8,500-acre service area, The Company wants to rehabilitate the Knoth Reservoir
<br />for use as an equalizer, and for storage under a conditional decree for 542 aore-feet. Rehabilitation work
<br />would be done In fail-winter 2001/2002, The average annual volume diverted now is 9,500 acre-feet,
<br />which will Increase to 10,040 acre.feet with the project in place, The Supply Irrig<lting Ditch Company is a
<br />mutual ditch oompany and a nonprofit corporation registered in the State of Colorado. Duane Smith P,E"
<br />of Smith Geoteoh Inc., has completed the feasibility study. The Company received a $5,000 CWCS grant
<br />for * the cost of the study, Proposed funding for the project consists of a CWCS loan In amount of
<br />$1,700,000 and ,$170,000 from the Company,
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<br />Location Map
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<br />5
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