BOARD02434

• Board Meeting Date: 9/21/1998
• Description: CF Section - Marketing Update on Future Prospects for 1998 - Informational Item
• Board Meetings - Doc Type: Memo

Agenda Item 16c.
Sept 22, 1998

page 2

TABLE (1) APiF'L1CATIONS RECEIVED IN 1998. TO DATE
BORROWER PROJECT DESCRIPTION AMOUNT
Leroux Creek Water Rehabilitate the Carl Smith Dam that failed May $300K
Users Association 2, 1998. $300K to $1 M total project cost.
(Delta Co.)
Emergency Loan Approved 7/14/98
Sterling Irrigation Rehabilitate the diversion and headgate on the $319K
Company. South Platte River. $354K total project cost.
(Logan Co.) H _ __.~'_,~' '_~'__ ..,___,__ __. _ '-'-'~__ __ __+ _'
Schedul~_d_ fOL~onsideration _November .1998
Western Mutual Ditch Phase I rehabilitation of the diversion structure $ lOOK
Company on the South Platte River. $140K total Phase I
(Weld Co.) costs. $297K total project cost.
Small Project Loan Approved 5111/98
Western Mutual Ditch Phase II rehabilitation of the diversion structure $141K
Company on the South Platte River. $157K total Phase II
(Weld Co.) cost. $297K total project cost.
$fhe41.!1~~_.fo!c.oii_sidela~i.Qil.~oyemp~rj 998.
Total Amount of Applications Received in 1998, to Date........ $1.4M

TABLE (2) ADDITIONAL PROSPECTS FOR .1998 .
. PROJECT DESCRIPTION
BORROWER AMOUNT
Highline Ditch Co. Rehabilitate the ditch. $130K total project cost. $ lOOK
(Mesa Co.)
Owl Creek Supply and Rehabilitate the ditch. $200K total project cost. $150K
Irrigation Company.
(Weld CO.)
Total Additional Prospects for 1998........................ $250K

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