Wolf Creek Irrigation To Receive 0% Loan For Pipe Under SR-158
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Description
The Board of Water Resources plans to authorize and commit up to $255,000 in 0%-interest financing to Wolf Creek Irrigation Company to replace a failing pipeline under State Route 158. The 15-year loan will cover 85% of the $300,000 project cost.
Contract Details
Contract Amount
Up to $255,000 (total project cost $300,000)
Vendor
WOLF CREEK IRRIGATION COMPANY
Agency
Utah Division of Water Resources, UT
Contract Type
FINANCIAL_SERVICES
Document Date
June 25, 2026
Contract Term
15 years
Renewal Info
New purchase agreement proposed at 0% interest over 15 years; prior Board loans to this company remain in place and are scheduled for final payment by 2026 and 2039.
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