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<br />24. Henry Bolen Ditch Company - Ditch Rehabilitation <br /> <br />Authorization: Severance Tax Fund <br />Water Source: Mancos River <br />Terms of Loan: $128,750 @ 2.5% for 30 yrs. <br /> <br />County: Montezuma <br />Project Yield: 2,505 ac.ft. <br />Project Type: Ditch Rehabilitation <br /> <br />The Henry Bolen Ditch Company consists of 7 members, which own and operate 2.5 <br />miles of ditch. The proposed project involves enclosing the existing ditch system with <br />12,000 linear feet of pipe. The project is being designed and partially funded by the <br />Natural Resource Conservation Service as part of their Salinity Control Program. The <br />project commenced construction in November of 2005 and was recently completed in <br />May of 2005. Project substantial completion is scheduled for August of 2005. <br /> <br />25. Pine River - Bayfield Ditch Company - Siphon Replacement Project <br />Authorization: Construction Fund County: La Plata <br />Water Source: Vallecito Reservoir Project Yield: 8,866 ac.ft. <br />Terms of Loan: $297,000 @2.75% for 30 years Project Type: Siphon Replacement <br /> <br />PRBDC provides irrigation water to a 2,596-acre service area in La Plata County, <br />generally south of the Town of Bayfield. The Pine River Bayfield Ditch is a lateral <br />extending off of the Schroder Ditch and is a carrier ditch for shareholders owning Pine <br />River water rights and Pine River Irrigation District water shares (Vallecito Reservoir). <br />The PRBDC headgate is located east of the Town of Bayfield, above Beaver Creek. <br />From the headgate, the ditch flows through a concrete flume and into the Beaver Creek <br />siphon, a 32-inch diameter steel pipe siphon, 2300 feet in length, dropping an estimated <br />100 feet in elevation, as it runs under Beaver Creek. The current siphon was built in <br />1955-1957, with a design life of 30 years, and is in deteriorated condition. The steel has <br />oxidized to the point where the pipe walls have thinned in many places beyond repair. A <br />new 30-inch PVC pipe, designed by the Durango NRCS Office to carry 37 cfs, will <br />replace the existing siphon. NRCS has completed the design and the project was bid in <br />October of 2004. The Company is reviewing the bids and are anticipating award the <br />contract to Gosney and Sons, Bayfield, Colorado. The total construction costs have <br />increased from $267,000 to $307,000. The Company requested an additional $30,000 in <br />loan funds at the November 2004 Board Meeting, which was approved by the Board. <br />Project construction has commenced and 95% of the pipe has been laid. The Contractor <br />is currently constructing the concrete inlet and outlet structures with project completion <br />scheduled for August of 2005. <br /> <br />26. Buffalo Farms Water Development, LLC <br />Authorization: Severance Tax Fund <br />Water Source: S. Platte Aquifer <br />Terms of Loan: $193,500 @2.50% for 30 years <br /> <br />- Well Augmentation <br />County: Logan <br />Project Yield: 800 ac.ft. <br />Project Type: Siphon Replacement <br /> <br />62 <br />