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<br />. <br />..' <br /> <br />,; <br /> <br />Four Seasons Trout Farm <br />March 21-22. 2002 <br /> <br />Agenda Item 11 <br />(Updated March 22. 2002) <br /> <br />Water Project Construction Loan Program-Project Data <br /> <br />Borrower: Four Seasons Trout Farm I John Niblack <br /> <br />County: Delta <br /> <br />Project Name: Four Seasons Trout Farm Hatchery <br /> <br />Project Type: Rehabilitation <br /> <br />Drainage Basin: <br /> <br />Gunnison <br /> <br />Water Source: Springs tributary to Surface Creek <br /> <br />Total Project Cost: $97,945 <br /> <br />Funding Sources: CWCB and Company <br /> <br />Type of Borrower: Agricultural <br />CWCB Small Project Loan: $85,500 <br /> <br />Median Household Income: N/A <br /> <br />Interest Rate: 2.25% <br /> <br />Term: 10 years <br /> <br />CWCB Grant: $1,435 <br /> <br />Water right: 5 c.f.s <br /> <br />The Four Seasons Trout Farm I John Niblack operates the Four Seasons Trout Farm Fish <br />Hatchery, a commercial fish operation. The hatchery is located in Cedaredge and obtains its water <br />from springs tributary to Surface Creek, a tributary of the Gunnison River. The hatchery tested <br />positive for whirling disease in 2001 and the owner needs to rehabilitate the hatchery at a cost of <br />$97,945. The Four Seasons Trout Farm is registered with the Colorado Secretary of State. <br />McMillon Engineering completed plans and specifications for the project and the CWCS Staff <br />completed the feasibility study. Proposed funding for the project consists of a CWCS loan for <br />$85,500, a $1,435 CWCS grant for engineering and feasibility work, and $11,010 from the <br />Company. <br /> <br /> <br />Location Map <br />6 <br />