Board Approves $840K Loan For Cottonwood Gooseberry Irrigation
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Description
The Board of Water Resources committed up to $840,000 to Cottonwood Gooseberry Irrigation Company’s irrigation improvement project, to be repaid over 15 years at 1% interest. The funding covers roughly a quarter of total costs.
Contract Details
Contract Amount
Up to $840,000
Vendor
COTTONWOOD GOOSEBERRY IRRIGATION COMPANY
Agency
Utah Division of Water Resources, UT
Contract Type
FINANCIAL_SERVICES
Document Date
June 25, 2026
Contract Term
15 years
Renewal Info
Initial 15-year loan at 1% interest; no renewals described.
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