Utah Board of Water Resources Meeting Agenda Packet May 2026
Cottonwood Gooseberry Secures Loan for Meter Installation
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Description
The Board will provide Cottonwood Gooseberry Irrigation Company with an $840,000, 15-year, 1% loan as part of a $3.29 million project to install 655 secondary water meters, leveraging significant grant funding.
Contract Details
Contract Amount
$840,000
Vendor
COTTONWOOD GOOSEBERRY IRRIGATION COMPANY
Agency
Utah Division of Water Resources, UT
Contract Type
CONSTRUCTION
Document Date
May 13, 2026
Contract Term
15 years at 1% interest
Renewal Date
2041-05-14
Renewal Info
Loan portion of funding committed following earlier ARPA grant commitment for the same project.
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