PINE CREEK RANCH— USDA Rural Development has approved a $3.3 million loan to the Pine Creek Ranch Property Owners Association to construct and repair water infrastructure at the recreational subdivision.
Pine Creek Ranch backs up against the Wasatch Pla- teau between Spring City and Mt. Pleasant. The organization’s website describes it as “one of the finest recreational communities in the country.”
The development has four subdivisions: Oak Crest, Meadows, Vista and Acres. The subdivisions have approximately 40-60 lots.
The loan to the property owners association, which has 190 owners, is unusual because Rural Development grants and loans usually go to local governments.
The loan funds the construction of a 50,000-gallon water tank, two pump stations and 3-4 pressure reducing vaults.
The money will also replace damaged transmission pipes and add up to 38,550 feet of new pipes.
The water system will serve 250 residential lots containing 129 permanent structures. It will also serve some camping areas and a number of temporary living spaces, according to Karl Larsen, area specialist for Rural Development, who is based in Ephraim.
The loan was awarded on May 12. Ensign Engineering of Richfield is the consulting engineer. Plans must be approved by both USDA Rural Development and the Utah Division of Drinking Water before the project goes out for bid. The work is projected to be finished by the end of May 2023.