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<br />/ <br /> <br />:.:e.._ <br /> <br />. <br /> <br />, <br />...... ~. <br /> <br />Agenda Item 14a <br /> <br />Smart Bros. Inc. <br />JUlyro.21,2004 <br /> <br />Water Project Construction Loan Program. Project Data <br /> <br />"I. <br />.. . <br /> <br />Borrower: Smart Bros. Inc. (SBI) County. Logan <br />Project Name: Groundwater Recharge Project Project Type: Well Augmentation <br />Drainage Basin: South Platte Water Source: Recharge Well <br />Total Project Cost: $266,500 Funding Sources: eweB, SBI <br /> <br />Type of Borrower: Agricultural Aver. Delivery: 1000 -1500 acre-feet <br /> <br />CWCB Construction Fund Loan: $239,850 <br /> <br />Interest Rate: 2.5% <br /> <br />Term: 30 years <br /> <br />S81 is a family owned and operated farming and custom cattle feeding operation located <br />approximately 2 ml1es southwest of Atwood. consisting of approximately 1250 acres of sprinkler and <br />flood irrigated farm ground and a 5000 head feedlot operation, INith plans to expand to 8000 head. <br />The S81 farm ground is irrigated with direct flow water, reservoir water and 9 tributary groundwater <br />wells. The feedlot has water provided by 3 commercial wells. The 12 weUs are currently <br />augmented under the Logan Well Users (LWU) plan of operation. and produce approximately 1215 <br />acre-feet of depletions per year. S81 has an existing recharge area that is fed through the terminal <br />end of the South Platte Ditch. Icing of the ditch poses a significant problem during the winter, <br />making running recharge water impossible at times. S81 wants to develop a more f1exibie <br />recharge .system that will generate more augmentation water to be used to offset the depletions <br />caused by their 12 wells. They currently generate credits to offset their charges. but are short in <br />dry years. and are vulnerable because of the ditch icing. The proposed project will add a recharge <br />well at the river to pump to the recharge sites at a maximum of 7 cfs, 13,000 feet of 18- PVC pipe. <br />and 3 new recharge areas. S81 would also tie 4 existing wells into the pipeline for supplying <br />augmentation water directly back. to the river. The S81 plan is to generate approximately 1000- <br />1500 acre-feet of depletion. credits. I <br /> <br />{'I. <br />~' <br /> <br /> <br /> <br />".. <br /> <br />. <br /> <br />-'J <br /> <br />. <br /> <br />~ <br /> <br /> <br />. <br /> <br />, <br />. <br /> <br />T-' <br />. <br />. <br /> <br />" <br /> <br />" <br /> <br />_...,..._ _1- <br />, 0.>'" <br /> <br />Smart Bros. Farms <br /> <br />. <br /> <br />. <br /> <br />.. Olio .. <br /> <br />....-. <br /> <br />Location Map <br /> <br />i. <br /> <br />Page 6 of 6 <br /> <br />- <br />