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Board approves one-year payment deferment for Red Wash loan to support new pipeline cost share
Board of Water Resources · October 10, 2025
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Summary
The board agreed in briefing to recommend a one-year deferment of scheduled payments on the Red Wash Dam loan so Moseby Irrigation can direct the payment toward cost share for a pipeline project; payments will be shifted and resume in 2026 under the same repayment schedule.
Tom (staff) briefed the board on a Moseby Irrigation request tied to the Red Wash Dam loan. The board previously committed funds for Red Wash (0% interest, 59-year schedule originally). Moseby asked to defer the 2025 payment of roughly $92,500 so that…
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