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<br />Supplylrrtgatlng Ditd"lCo. <br />March 24-26. 2003. <br /> <br />Agenda Item 2<Wt <br />(Update<! Mardl 28. 2003) <br /> <br />Water Project Construction Loan Program.Projsct Data <br /> <br />. <br /> <br />Borrower: Supply Irrigating Ditch Company <br /> <br />County: Boulder <br /> <br />Project Name: Knoth Reservoir Dam Project Type: Rehabilitation and Enlargement <br /> <br />Drainage Basin: South Platte Water Source: St. Vrain Creek <br /> <br />Total Project Cost: $2,193,000 Funding Sources: Company and CWCB <br /> <br />Type of Borrower: Agricultural/Municipal Blended Interest Rate: 3% <br /> <br />CWCB Loan: $1,000,000 Term: 30 years <br /> <br />CWCB Grant: $5.000 <br /> <br />Average Annual Volume of Water diverted: 9,745 AF <br /> <br />The Supply Ditch is located in Boulder County, 4 miles north west of Longmont. and diverts <br />water from 8t. Vrain Creek. The Supply Irrigating Ditch Company operates the ditch to supply <br />water to 160 shareholders for irrigation within the 8,500.acre service area. The Company wants <br />to rehabilitate and enlarge the Knoth Reservoir for use as an equalizer. and for storage under a <br />conditional decree for 542 acre-feet. The project would be desIgned in 2003 and constructed in <br />2004. The average annual volume diverted now is 9,500 acre~feet, which will increase to 9.745 <br />acre-feet with the project in place. The Supply Irrigating Ditch Company is a mutual ditch . <br />company and a nonprofit corporation registered in the State of Colorado. Duane Smith P .E., of <br />Smith Geotech Inc., has completed the feasibility study. The Company received a $5,000 <br />cwes grant for ~ the oost of the study. Proposed funding for the project consists of a CWCS <br />loan in amount of $1 ,000.000 and $1,193.000 from the Company. <br /> <br /> <br />-,~.I\ - <br />- " - - <br />I.-.~ .,..... ,",.- ~ <br />''''.., '" +1' .. .. <br />" <br />R ...: I ~ <br />~ - NO _. . <br />, <br /> <br />'..1 -0 ~ <br />~ Prolsctlocstlon <br /> <br />Knoth Reservoir <br />.1 <br /> <br />"... <br />R~( <br />;~ <br />.... , <br /> <br />- <br /> <br />. <br /> <br />Location Map <br />