Utah Board of Water Resources Board Meeting Agenda Packet June 2025
$320,000 Interest-Free Loan for Huntsville Canal Company
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Description
Huntsville South Bench Canal Company secured a $320,000 interest-free loan over 15 years for canal infrastructure upgrades.
Contract Details
Contract Amount
Up to $320,000
Vendor
HUNTSVILLE SOUTH BENCH CANAL 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 $21,350
Renewal Date
2040-05-15
Renewal Info
Separate project; 15-year 0% loan for project improvements.
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