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BOARD02639
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BOARD02639
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Last modified
8/16/2009 3:17:43 PM
Creation date
10/4/2006 7:18:09 AM
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Board Meetings
Board Meeting Date
1/25/2005
Description
CF Section - Design and Construction Status Report
Board Meetings - Doc Type
Memo
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<br />''', <br /> <br />Water Project Construction Loan Program. Project Data <br /> <br />. <br /> <br />Borrower: Buffalo Farms Water <br />Developmen~ LLC (BFWD) <br /> <br />County: Logan <br /> <br />Project Name: Groundwater Recharge Project Project Type: Well Augmentation <br /> <br /> <br />Drainage Basin: South Platte Water Source: Recharge Well <br /> <br /> <br />Total Project Cost: $215,000 Funding Sources: ewCB, BFWD <br /> <br /> <br />Type of Borrower: Agricultural Aver. Delivery: 800 acre.feet (consump. use) <br /> <br />CWCB STIFPBA Fund Loan: $1 93,500 <br /> <br />Interest Rate: 2.25% <br /> <br />Term: 20 years <br /> <br />" <br /> <br />BPND is a recently fonned entity consisting of neighboring fanners who own and operate <br />contiguous farms in northeastern Colorado, southwest of Merino. There are three ownership <br />groups, each having a 1/3 Interest in the proposed recharge project. A 1/3 interest in the project <br />will be held by D. Kevin Vollmer, a 1/3 interest by Michael Goss, and the remaining 1/3 Interest held <br />by 5 separate entities know collectively as the. Merino Properties Group, represented by Mark A. <br />Kross. Together they fann about 1000 acres of sprinkler and flood irrigated land. Some of the <br />ground Is Irrigated with direct flow water and some has reservoir water. All of the ground Is irrigated <br />with 11 tributary groundwater wells, with some of the land relying solely on the wells. The water is <br />typIcally used to irrigate com, alfalfa, beans, and wheat. The 11 wells are currently augmented <br />under the Logan Well Users (LWUl.plan of operation, and produce epproximately 800 acre-feet of . <br />depJetlons per year, with .approxlmately 560 acre-feet of summer time depletions and approximatery <br />240 acre-feet of winter time depletions. There is an existing recharge area on the property owned <br />by the Merino Properties Group, constructed in Fall 2003. covering an area of 22 acres. The <br />proposed project will add a recharge well at the river, 6000 lineal feet of pipe, and two new recharge <br />areas located on land owned by Michael Goss. Four existing wells will be connected to the <br />pipeline as augmentation wells to return water to the river when nElcessary. <br /> <br />,t<:,:;. <br />~"';:.., . <br />,,,,.,.1 <br />~- .' <br /> <br />, <br />, <br />1 <br />, <br /> <br />1 <br /> <br />, <br /> <br /> <br />. <br /> <br />1 <br /> <br />, <br /> <br />.. <br /> <br />,,~- <br />., <br />. <br /> <br />Buffalo Farms, LLC <br /> <br />~ <br /> <br />. <br /> <br />"" . <br /> <br />l <br />I <br /> <br />"'--. <br /> <br />. <br /> <br />Location Map <br />
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