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<br />. The Smart Brothers is a family owned and operated farm and custom cattle feeding operation located <br />approximately 2 miles southwest of Atwood, consisting of 1,250 acres of irrigated farm ground and 5,000 head <br />feeding operation, with plans to expand to 8,000 head. The farm has 9 tributary wells and 3 commercial wells. <br />The proposed project will add a recharge well at the river, 13,000-ft of 18-inch PVC pipeline, and various recharge <br />ponds. 4 existing wells will be tied into the new water line to allow water to be pumped back to the river. The <br />proposed augmentation plan will offset the depletions from 12 existing wells, which is currently being augmented <br />by the Logan Well Users. The project has been recently completed and is scheduled for substantial completion in <br />April of 2005. <br /> <br />4. UDDer Platte & Beaver Canal Comoanv - Well Augmentation Proiect <br /> <br />Authorization: Construction Fund <br />Water Source: South Platte Basin <br />Terms ofLoan: $67,500 @ 2.25% for 10-years <br /> <br />County: Morgan - Near Fort Morgan <br />Project Yield: 32,500 acre-feet <br />Project Type: Well Augmentation <br /> <br />The Upper Platte and Beaver Canal Company operates the Canal for the benefit of their 100 shareholders by providing <br />direct flow irrigation water to an 11,000-acre service area. The diversion and headgate are located on the South Platte <br />River, about one mile northeast of Fort Morgan. There are 97 junior irrigation wells under the Upper Platte and Beaver <br />system. The Company w1ll cDver the depletions of these wells by constructing twD recharge ponds, tD be f1\led ftom the <br />Upper Platte and Beaver Canal under the Company's 1972 augmentation decree. Brent Nation. Nation Engineering <br />Services, Fort Morgan, Colorado, is the project engineer. The project commenced construction in the fall of 2003 and <br />is 95% complete. Project completion is scheduled for April of2005. <br /> <br />5. Stromberger Land and Cattle Comoanv LLC - Augmentation Recharge <br /> <br />Authorization: $414,000 County: Logan <br />Water Source: South Platte Basin Project Yield: 5,000 acre-feet <br />Terms of Loan: $414,000 @2.50% for 20-years Project Type: Well Augmentation <br /> <br />The Stromberger Land and Cattle Company operates a family ranch located 15 miles south of Sterling, Colorado. <br />The ranch currently operates 12 wells that are augmented under the Groundwater Appropriators of the South Platte <br />(GASP). GASP operates on a year-to-year basis with no guarantee of continued coverage. The current drought <br />conditions have brought to the foreground the difficulty of providing augmentation for well users. The <br />Stromberger's project will provide its own augmentation water to protect itself against possible curtailment by <br />GASP. Construction activities include drilling 6 wells to pump water to a series of constructed recharge ponds <br />have been completed. The Stromberger's will be requesting additional funds to cover cost overruns the occurred <br />during construction at the upcoming May, 2005 Board Meeting. The additional funds needed is estimated at <br />$40,000 to $50,000. Project substantial completion is scheduled for August of2005. <br /> <br />6. Orchard City Irrigation District - Ditch Rehabilitation <br /> <br />Authorization: Severance Tax Trust Fund County: Delta <br />Water Source: Dry/Current Creek Project Yield: 2,000 acre-feet <br />Terms of Loan: $102,457@2.S0% for 30-years Project Type: Ditch Rehabilitation <br /> <br />. <br /> <br />The Orchard City Irrigation District is located outside Orchard City, approximately 12 miles northeast of the City <br />of Delta. The District has 403 shareholders, which are made up of primarily small acreages. This project involves <br />the rehabilitation of 920 of ditch. by enclosing the ditch section with 48" ADS plastic pipe. a new measuring flume, <br />and the placement of a new steel gate at Fruit Growers Reservoir. The project has been completed. The District <br />has elected to use May 1, 2005 for their substantial completion date to coincide with their annual assessments. <br />