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<br />Fulton ln1gatlon Dltdl Company <br />Mardl 17, 2004 <br /> <br />AQenda Item 25b. <br /> <br />. <br /> <br />\Vater Project Constru.ction Loan Program~Project Data <br /> <br />, <br /> <br />Borrower: Fulton Irrigation Ditch Company <br /> <br />Connty: Adams <br /> <br />Project Name: Fulton Ditch Spillway Repair <br /> <br />Project T)'pe: Diversion Rehabilitation <br /> <br />Drainage Basin: South Plane <br /> <br />\Vater Source: South Platte River <br /> <br />Total Project Cost: $200,000 <br /> <br />Funding Sources: Company and CWCB <br /> <br />T).'Pe of Borron'er: Agricultura.1flv!unicipal <br /> <br />Interest Rate: 2.8% <br /> <br />CWCB Loan: $170,000 (Includes Org. Fee) <br /> <br />Term: 20 years <br /> <br />Average Annual Volume of 'Vater diverted: 30'-666 AF <br /> <br />The Fulton Irrigation Ditch Company (FIDC), located in Adams County, owns and operates the <br />Fulton Irrigation Ditch to deliver direct flow irrigation water for the benefit of the 220 shareholders. <br />Water is diverted from the South Platte River,located about 5 miles southwest from the City of <br />Brighton, to a 37,628 acre service area. The FIDC is applying for a loan in the amount of$170,ooo <br />to make repairs to their existing diversion structure. The estim~ted total cost of the project is <br />~.200,OOO, which involves the placement of steel sheet piling upstream and downstream of the <br />J existing spillway structure, with a C()ncre~ pile cap, and the placement of pressurized grout in the <br />. existing stilling basin to fill any existing voids. <br /> <br /> <br />Location Map <br /> <br />, <br />~ <br />