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BOARD01916
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BOARD01916
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Last modified
8/16/2009 3:08:42 PM
Creation date
10/4/2006 7:04:42 AM
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Board Meetings
Board Meeting Date
1/12/1998
Description
CF Section - North Poudre Irrigation Company - System Rehabilitation
Board Meetings - Doc Type
Memo
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<br />. <br /> <br />, <br /> <br />wa. <br /> <br />e <br /> <br />e <br /> <br />Buckeye Ditch - Proiected Cost (including 30% for fees & cnnrin~encies) = $ 122 200 <br /> <br />CWCB Loan Amount = $ 91,650 <br /> <br />/.3tJ VEAR LOA,v'.J <br /> <br />North Poudre 25% Project Share '" $ 30,550 <br /> <br />Yearly Payment for 30 year loan at 4,28% Interest'" $ 5,482 <br /> <br />Total Project Cost Including Interest and the 25% Payment by the Company <br /> <br />$ 5.482 x 30 years + $ 30,550 = $ 195,010 <br /> <br />Approximately 10,000 acre-feet of water is delivered through this ditch and irrigates <br />approximately 5,000 acres of fann lanel. Using a rental rate of $20 per acre-foot for <br />the water and the total project cost, <br /> <br />Benefit/Cost = $20 x 10.000 A-Ft x 30 yrs + $195,010 = 30.8 <br /> <br />Total Cost per Share of Stock <br /> <br />$ 195.010 + 10,000 '" $19.50 <br /> <br />COSt Per Share of Stock Per Year <br /> <br />$ 19.50 + 30 years'" $ 0.65 <br /> <br />Cost Per Acre-foot Of Warer Delivered For An Average Year <br /> <br />$ 195,010 ..;. 30 years + 10,000 A-Pt '" $ 0.65 <br />
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