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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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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 />wa. <br /> <br />e <br /> <br />e <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Buckeve Ditch - Proiected Cost (includini 30% fur fees & cnntinvencie~) = $ 122 200 <br /> <br />CWCB Loan Amount;" $ 91,650 <br /> <br />/.3CJ VEAR LOAAl.J <br /> <br />North Poudre 25% Project Share = $ 30,550 <br /> <br />Yearly Payment for 30 year loan at 4.28% Interest = $ 5,482 <br /> <br />Total Project Cost Including Interest and the 25% Payment by the Company <br /> <br />$ 5,482 x 30 years + $ 30,550 = $ 195,010 <br /> <br />Approximately 10,000 acre-feet of water is delivered through this ditch and irrigates <br />approximatelY 5,000 acres of fann Jane!. Using a rental rate of $20 per acre-foot for <br />the water and the total project cost, <br /> <br />Benefit/Cost = $20 x 10,000 A-Ft x 30 yrs .;. $195,010 = 30.8 <br /> <br />Total Cost per Share of Stock <br /> <br />$ 195,010 + 10,000 = $19.50 ' <br /> <br />Cost Pcr Sharc of Stock Per Year <br /> <br />$ 19.50 .;. 30 years "" $ 0.65 <br /> <br />Cost Per Acre-foot Of Water Delivered For An Averagc Vear <br /> <br />$ 195,010 .;. 30 years + 10,000 A-Ft = $ 0.65 <br />
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