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<br />Lake Meredith Reservoir Co. <br />March 24-26, 2003 <br /> <br />Agenda Item 24c. <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Lake Meredith Reservoir Company <br /> <br />County: Crowley <br /> <br />Project Name: Outlet Canal Relocation <br /> <br />Project Type: Reservoir Modification <br /> <br />Drainage Basin: Arkansas River <br /> <br />Water Source: Arkansas River <br /> <br />Total Project Cost: $1,524,860 <br /> <br />Funding Sources: CWCB, Bank, and Company <br />Median Household Income: Blended <br /> <br />Type of Borrower: Municipal-Agricultural <br /> <br />CWCB Loan: $1,000,000 <br />CWCB Grant: $5,000 <br /> <br />Blended Interest Rate: 4% Term: 30 years <br />, <br /> <br />Total Reservoir Volume: 41,000 acre-feet <br /> <br />e <br /> <br />The Lake Meredith Reservoir Company operates Lake Meredith for storage of water that is <br />used for agricultural, municipal, domestic, and other beneficial uses. Water is received through <br />the Colorado Canal, with headgate on the Arkansas River. This project involves relocation of 5 <br />miles of outlet canal to allow the Company to utilize an additional 18,000 acre-feet of storage in <br />Lake Meredith. The project will be completed in Spring-Fall 2003. Steven Steffens, P.E. of <br />Steffens and Associates, Inc., has completed the ,feasibility study. Proposed funding for the <br />project consists of a $1,000,000 Small Project Loan and a $5,000 Feasibility Study Grant from <br />the CWCB, a $500,000 loan from the First National Bank of Ordway, and the remainder from a <br />the Company. .. <br /> <br /> <br />IUJ5 <br /> <br />r- <br /> <br />i\ <br />~-+\ <br />i ' <br />, <br />, <br />, <br />, <br />1'.-...... <br />I, <br />-"''''-~'~.~;i <br /> <br />!.~~l. <br /> <br />'"G~ - a <br />i',," .. <br /> <br />Location Map <br />6 <br />