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<br />. <br /> <br />. <br /> <br />3/;. Buclceve Ditch. PrQjecred Cost (includine 30% for fees & contin~encies) = $ 122 200 <br /> <br />CWCB Loan Amount = S 91,650 <br /> <br />(It) YE4R LoA/I/. ) <br /> <br />North Poudre 25% Project Share == $ 30,550 <br /> <br />Yearly Payment for 10 year loan at 3.18% Interest == $ 11.176 <br /> <br />Total Project Cost Including Interest aAd the 25% Payment by the Company <br /> <br />$ 11,176 x 10 years + $ 30,550 0= $ 142,310 <br /> <br />Approximately 10,000 acre-feet of water is delivered through this ditch and irrigates <br />approximately 5,000 acres of farm land. Using a rental rate of $20 per acre-foot fOT <br />the water and the total project cost, <br /> <br />Benefit/Cost == $20 x 10,000 A-Ft x 10 yrs + $142,310 = 14.05 <br /> <br />Total Cost per Share of Stock <br /> <br />$ 142,310 + 10,000 == $14.23 <br /> <br />Cost Per Share of Stock Per Year <br /> <br />$ 14.23 + 10 years == $ 1.42 <br /> <br />Cost Per Acre-foot ,Of Water Delivered For An Average Year <br /> <br />$ 142,310 + 10 years + 10,000 A-Ft = S 1.42 <br /> <br />. <br /> <br />( <br /> <br />e <br /> <br />e <br /> <br />e <br />