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C153833 Contract
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C153833 Contract
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Last modified
8/1/2013 11:32:42 AM
Creation date
10/6/2006 12:09:54 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C153833
Contractor Name
North Poudre Irrigation Company
Contract Type
Loan
Water District
3
County
Larimer
Bill Number
HB 98-1189
Loan Projects - Doc Type
Contract Documents
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<br />. <br /> <br />. <br /> <br />26. No. 6 Dit~h - Projected Cost fincludinll 30% for fees & contingencies) = $ 444 600 <br /> <br />ewcs Loan Amount = $ 333.450 <br /> <br />(/0 YeAR LOAA/. J <br /> <br />Nonh Poudre 25% Project Share = $ 111,150 <br />Yearly Payment for 10 Year Loan at ~. 78% Interest = $ 40,662 <br /> <br />North poudre 25% Project Share = $ 111,150 <br /> <br />Total Project Cost Including Interest and the 25% Payment by the Company <br /> <br />$ 40,662 x 10 years + $111,150 = $ 517,770 <br /> <br />, The total amount of water in ReservoitS No.5 and 6 is 21,000 acre-feet. The yield is <br />expected to be approximately 16,000 Iicre-feet that would be available for irrigation of <br />North poodre shareholders and for exc:hanges. Using a rental rate of $20 per acre-fOOl <br />for the water and the total project cost. <br /> <br />Benefit/Cost = $20 x 16,OOOA.-Ftx 10yrs + $517,770 = 6.18 <br /> <br />Total Cost per Share of Stock <br /> <br />$ 517,700 + 10,000 = $51.77 <br /> <br />Cost Per Share of Stock Per Year Ovet 10 Year Loan Period <br /> <br />$ 51.77 ... 10 years = $ 5.17 <br /> <br />Cost Per Acre-foot Of Water Delivered For An Average Year <br /> <br />$ 517,700 ... 10 years + 16,000 A.Ft = $ 3.24 <br /> <br />, <br /> <br />" <br /> <br />, <br /> <br />e <br /> <br />e <br /> <br />e <br />
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