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<br />. <br /> <br />e <br /> <br />e <br /> <br />e <br /> <br />Peoples Ditch Co. <br />July 24-25, 2000 <br /> <br />Agenda Item 12a. <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: <br /> <br />Peoples Ditch Company <br /> <br />Project Name: Diversion Pipeline <br /> <br />Project Type: Construct New <br /> <br />County: Logan <br /> <br />Drainage Basin: So. Platte <br /> <br />Water Source: South Platte River <br /> <br />Total Project Cost: $75,000 <br /> <br />Funding Sources: CWCB and NRCS <br /> <br />Type of Borrower: Agricultural <br /> <br />Median Household Income: N/A <br /> <br />CWCB Small Project Loan: $43,000 <br /> <br />Interest Rate: 3.75% <br /> <br />Term: 20 years <br /> <br />CWCB Grant: $0 <br /> <br />Average Annual Volume of Water diverted: 1,200 acre-feet <br /> <br />The Peoples Ditch diversion is located in Logan County, 6 miles northeast of Sterling, on the <br />South Platte River. The Peoples Ditch Company historically operated the diversion to supply <br />water to 6 shareholders for irrigation within the 700-acre service area. Flooding washed out the <br />diversion and the Company needs to build a new point of diversion prior to the 2001 irrigation <br />season. The average annual volume diverted is 1,200 acre-feet. The Peoples Ditch Company is <br />a mutual ditch company and a nonprofit corporation registered in the State of Colorado. Lynn <br />Lovell, PE of the Natural Resources Conservation Service has completed preliminary plans <br />and specifications for the project. John Van Sciver, P,E., CWCS staff, has completed the <br />feasibility study with help from the Company and the NRCS. Proposed funding for the project <br />consists of a cwes Small Project Loan for $43,000, a $5,000 grant from the NRCS for <br />engineering, and a $27,000 grant from the NRCS for construction. <br /> <br /> <br />, 0 <br /> <br />','.'...-,. <br />", <<:. <br /> <br />~Od," <br /> <br />~ U RD <br /> <br />lells <br /> <br />c' <br /> <br />" <br /> <br />Io'els <br /> <br />. <br />o <br /> <br />. <br /> <br />Gr,avet;Pits <br />I L.---t.....,., <br /> <br />Location Map <br /> <br />5 <br />