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<br />8. List any feasibility studies or other investigations that have been completed or are now in <br />progress for the proposed project. Please submit one copy of each completed study with this <br />application. <br /> <br />The feasibility studies and investigations that have been performed to date have centralized <br />around investigating the potential for developing well fields in both the Colorado River and <br />Elk Creek corridors. No formal, completed studies have been published. Preliminary <br />analysis performed by the Town's water rights engineer have determined that the <br />anticipated production, water quality and lands available to develop such facilities are not <br />feasible to construct in relationship to the project proposed. Other evaluations of raw <br />waterline alignments and source development have shown the current project to be the <br />least costly and easiest attainable project. <br /> <br />9. Estimated cost of the project. Please include estimated engineering costs, and estimated <br />construction costs, if known. <br /> <br />Estimated Engineering Costs: <br />Estimated Construction Costs: <br />Estimated Total Costs: <br /> <br />$ 70,000 <br /> <br />$936,900 <br /> <br />$1,006,900 <br /> <br />10.Loan amount and terms you are requesting. <br />Requested Loan Amount: $700,000 <br />Term (length) of loan: 30 years <br />Interest Rate: 4.5% <br /> <br />Parte. - Project Sponsor Financial Information <br />Because the CWCB Construction Fund is a revolving fund, it is important that the project sponsor <br />have the financial capacity to repay any loans made by the CWCB. The following information is <br />needed to assist the CWCB in a preliminary assessment of the applicant's [mandaI capacity. It is <br />also requested that the project sponsor submit with this application copies of the two most recent <br />annual reports, financial statements, corporate reports or other current documentation of financial <br />condition and operations. <br /> <br />List any existing liability or indebtedness that exceeds one thousand dollars. For example, <br />bank loans, government agency loans, bond issues, accounts payable, etc. Include names and <br />addresses of lenders, amOlmts, due dates and maturity dates. Attach a separate schedule, if <br />needed. <br /> <br />See attached Aging Report. <br /> <br />