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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 />,or: -'?-~_ - <br /> <br />3/;, Buclcl:ve Ditch - Projected Cost (includiI\i 30% for fees & contineencies) = $ 122.200 <br /> <br />CWCB Loan Amount = $ 91.650 <br /> <br />(It) YE4R LoAlv'. ) <br /> <br />Nonh Poudre 25% Project Share = $ 30,550 <br /> <br />Yearly Payment for 10 year loan at 3.78 % Interest = $ 11,176 <br /> <br />Total Project COSt Including Interest and the 25% Payment by the Company <br /> <br />$ 11.176 X 10 years + $ 30.550:: $ 142.310 <br /> <br />Approximately 10,000 acre-feet of water is delivered through this ditch and irrigates <br />approximately 5,000 acres of farm !and. Using a rental rate of $20 per acre-foor for <br />. the water and the total project cost. <br /> <br />Benefit/Cost:: $20 x 10,000 A-Ft x 10 yrs + $142,310 = 14.05 <br /> <br />Total Cost per Share of Stock <br /> <br />$ 142.310 + 10.000 =: $14.23 <br /> <br />Cost Per Share of Stock Per Year <br /> <br />$ 14.23 + 10 years :: $ 1.42 <br /> <br />Cost Per Acre-foot Of Water Delivered For An Average Year <br /> <br />$ 142.310 .... 10 years -+ 10,000 A-Ft = $ 1.42 <br /> <br />. .;"'1 <br />1 <br /> <br />\ <br /> <br />e <br /> <br />-- <br /> <br />-- <br />
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