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<br />" <br /> <br />. <br /> <br />tfd. <br /> <br />e <br /> <br />e <br /> <br />. <br /> <br />. <br /> <br />No.6 Ditch - Projected Cost (inelndini 30% for fees & eontilleencies) = $ 444.600 <br /> <br />CWCB Loan Amount = $ 333,450 <br /> <br />f.3o VCA.e LOAA/.J <br /> <br />North Poudre 25% Project Share = $ 111,150 <br /> <br />Yearly Payment to CWCB for 30 year loan at 4.28% Interest = $ 19.945 <br /> <br />Total Project Cost Including Interest and the 25 % Payment by the Company <br /> <br />$ 19,945 x 30 years + $ 111.150 = $ 709,500 <br /> <br />The total amount of water in Reservoirs No.5 and 6 is 21,000 acre-feet. The yield is <br />expected to be approximately 16,000 acre-feet that would be available for irrigation of <br />North Poudre shareholders and for exchanges. Using a rental rate of $20 per acre-foot <br />for the water and the total project cost, <br /> <br />Benefit/Cost = $20 x 16,000 A-Ft x 30 yrs ... $709,500 = 13.5 <br /> <br />Total Cost per Share of Stock <br /> <br />$ 709,500 ... 10,000 = $70.95 <br /> <br />Cost Per Share of Stock Per Year <br /> <br />$ 70.95 ... 30 years = $ 2.37 <br /> <br />Cost Per Acre-foot Of Water Delivered For An Average Year <br /> <br />$ 709,500 ... 30 years ... 16,000 A-Ft = $ 1.48 <br />