Utah Board of Water Resources Board Meeting Agenda Packet March 2026
Smithfield Irrigation Secures $952K Construction Loan
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Description
Smithfield Irrigation Company secured a $952,000 zero-interest loan from the Board of Water Resources for a 25-year repayment period.
Contract Details
Contract Amount
$952,000
Vendor
SMITHFIELD IRRIGATION COMPANY
Agency
Utah Division of Water Resources, UT
Contract Type
CONSTRUCTION
Document Date
March 18, 2026
Contract Term
25 years at 0% interest, annual payments of approximately $38,100
Renewal Date
2051-01-29
Renewal Info
25 years, 0% interest; repayment modifies only with board action.
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