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Board briefed on committal for Davis & Weber canal projects, Draper main replacement and meter funding
Summary
Staff briefed the Board of Water Resources on multiple project committals including three Davis & Weber Canal Company projects, a Draper irrigation main replacement and the latest round of Davis & Weber secondary meter loans; staff recommended terms and said formal motions will be made at the board meeting.
The Board of Water Resources heard staff briefings on several infrastructure projects that staff will ask the board to commit funds to at the board meeting.
Board staff said the Davis & Weber Canal Company has three related projects: a canal improvement project (RE482), a secondary irrigation project (RE483) and a secondary-meter funding round (RM121). RE482 was authorized in October 2024; staff recommended the board commit 85% of project costs up to $2,825,000, with purchase terms at about 3.177% interest over 15 years and annual payments of roughly $239,600. RE483, previously authorized in June 2024, is proposed for commitment at 42.5% of cost up to $3,200,000 at…
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