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<br />WOOdChuck Ditch Co.
<br />March 20.21,2000 Agenda Item 10a.
<br />
<br />Water Project Construction Loan Program-Project Data
<br />
<br />Borrower: Woodchuck Ditch Company
<br />
<br />Project Name: Woodchuck Ditch
<br />
<br />Project Type: Rehabilitation
<br />
<br />County: Routt
<br />
<br />Drainage Basin: Yampa
<br />
<br />Water Source: Soda and Gunn Creeks
<br />
<br />Total Project Cost: $150,000
<br />
<br />Funding Sources: NRCS, UYWCD and CWCS
<br />
<br />Type of Borrower: Agricultural
<br />
<br />Median Household Income: N/A
<br />
<br />CWCB Small Project Loan: $40,000
<br />
<br />Interest Rate: 3.75%
<br />
<br />Term: 20 years
<br />
<br />CWCB Grant: $0
<br />
<br />Average Annual Volume of water to be diverted: 975 acre-feet
<br />
<br />The Woodchuck Ditch is located in Routt County, 4 miles northwest of Steamboat Springs, in the Yampa
<br />River basin. The Woodchuck Ditch Company operates the ditch to supply water to 13 shareholders for
<br />irrigation within the 390-acre service area, The ditch has been damaged by a landslide and the Company
<br />plans to rehabilitate it prior to the 2000 irrigation season. The average annual volume to be diverted is 975
<br />acre-feet. The Woodchuck Ditch Company is a mutual ditch company and a nonprofit corporation
<br />registered in the State of Colorado. Mike DiLuzio, P.E, of the USDA Natural Resources Conservation
<br />Service has completed Plans and Specifications for the project. John Van Sciver, P,E" CWCB staff, will
<br />complete the feasibility study with help from the Company, the UYWCD, and the NRCS. Proposed funding
<br />for the project consists of a CWCB Small Project Loan for $40,000, an Upper'Yampa WCD grant for
<br />$40,000, and a USDA NRCS grant for $70,000.
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