C153771 Feasibility Study

• Contract/PO #: C153771
• Contractor Name: Horse Creek Water Users Association
• Contract Type: Loan
• Water District: 17
• County: Crowley
• Bill Number: HCL
• Loan Projects - Doc Type: Feasibility Study

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TABLE OF CONTENTS

HORSE CREEK WATER USERS ASSOCIATION PROPOSED LOAN BY THE
COLORADO WATER CONSERVATION BOARD.. . .. .... . ... . . .. .... 1

Executive Summary ....................................... 1
Background Information .................................... 2

Senior Water Rights ....................................... 4
The Horse Creek Water Users Association ......,......",....... 5
Proposed Water Rights Senlement ............................. 5

Proposed CWCB Loan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , , . .. 6
Collateral Value of Box Springs Water Right . . . . . . . . . . . . . . . , . . . . . .. 6
Method 1 - Market Value Based on Comparable Sales . . . . . . , . . .. 6
Method 2 - Value of Irrigation to Members of HCWUA .....,.... 7
Proposed CWCB Loan Collateral ............................... 8

REFERENCES . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . 9

FIGURE 1 - MAP OF HORSE CREEK BASIN ........................... 10

TABLE 1 - SUMMARY OF BOX SPRINGS DIRECT FLOW AND STORAGE WATER

RIGHTS .............................................. 11