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<br />f <br />I: <br /> <br />, <br /> <br />e <br /> <br />e <br /> <br />e <br /> <br />Water Project Construction Loan Program - Project Data <br /> <br />Borrower: <br /> <br />The Excelsior Irrigating Company <br /> <br />Project Nllme: <br /> <br />Excelsior Ditch Rehabilitation <br /> <br />Project Type: Infrastructure <br /> <br />County: <br /> <br />Pueblo <br /> <br />Drainage Basin: Arkansas Water Source: Arlamsas River <br /> <br />Total Project Cost: $335,000 <br /> <br />Funding Sources: Company and CWCB <br /> <br />Type of Borrower: <br /> <br />Agricultural <br /> <br />Median Household Income: NA <br /> <br />ewCB Loan: <br /> <br />$230,000 <br /> <br />Interest Rate: 3,75% <br /> <br />Term: 30 years <br /> <br />I <br />I <br /> <br />Annual Volume of Water Delivered by the Project: 4,248 acre-feet <br /> <br />The headgate of the Excelsior Ditch is located on the north bank of the Arkansas River I mile south of <br />Baxter, on the east edge of Pueblo, The ditch, built ir1 the 1860's, has a capacity of 60 cfs and can .service <br />up to 2,200 acres of farm land, The diversion structure has severely deteriorated and silt has accumulated <br />in the ditch throughout its full 6,5 mile length. The El'celsior Irrigating Company plans to rehabilitate the <br />Excelsior Ditch by building a new diversion dam on the Arkansas River, cleaning the ditch, installing a <br />gaging station, and constructing 6 recharge ponds, The project has been designed in cooperation with the <br />Natural Resources Conservation Service, The company is requesting a loan of $230,000 which is 68% of <br />the total estimated project cost <br /> <br />i <br />I <br />I <br />I <br />1 <br />I <br />I <br />( <br />I <br />I <br />I <br /> <br /> <br />~\ <br />'- , <br /> <br />Location Map <br />