Utah Board of Water Resources Board Meeting Agenda Packet June 2025
$348,000 Interest-Free Loan Approved for Co-op Farm Irrigation
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Description
Co-op Farm Irrigation Company received approval for a $348,000 interest-free loan over 15 years for irrigation infrastructure improvements.
Contract Details
Contract Amount
Up to $348,000
Vendor
CO-OP FARM IRRIGATION COMPANY
Agency
Utah Division of Water Resources, UT
Contract Type
CONSTRUCTION
Document Date
June 26, 2025
Contract Term
0% interest over 15 years, annual payments of approximately $23,200
Renewal Date
2040-05-15
Renewal Info
Separate agreement; purchased loan; 15-year term, fully amortizing.
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