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<br />. <br /> <br />. <br /> <br />Water Project Construction Loan Program - Project Data <br /> <br />Ie <br /> <br />Borrower: <br /> <br />North Poudre Irrigation Company <br /> <br />Project Name: <br /> <br />System Rehabilitation <br /> <br />Project Type: Dam Rehab, <br /> <br />County: <br /> <br />Larimer <br /> <br />Drainage Basin: S, Platte <br /> <br />Water Source: Cache LaPoudre <br /> <br />Total Project Cost: <br /> <br />$ I ,244,450 <br /> <br />Funding Sources: Company and CWCB <br /> <br />Type of Borrower: <br /> <br />Agricultural <br /> <br />Median Household Income: NA <br /> <br />ewCB Loan: <br /> <br />$500,000 <br /> <br />Interest Rate: 4.00% Term: 30 years <br /> <br />Annual Volume of Water Delivered by the Project: :200 acre-feet <br /> <br />This project is located in Larimer County, 10 miles north of Fort Collins. The borrower is an agricultural <br />irrigation company serving 685 shareholders within a 30,000-acre service area. The project is needed <br />because North Poudre Reservoir #5 has an inadequate spillway, and because two company ditches are <br />eroding badly, threatening adjacent fannland and county roads. Smith Geotechnical Engineers has <br />completed the feasibility study and initial design. The project will consist of constructing an emergency <br />spillway and placing two open ditches with pipe. Construction is scheduled to start in March of 1998 and <br />be completed by October 1998. Funding sources include a CWCB loan and a special assessment of the <br />shareholders. <br /> <br /> <br />Location Map <br />