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<br />Please provide a brief narrative description of sources of funding, in addition to the <br />CWCB, which have been explored for this project: <br /> <br />A grant of $200,000 has been tentatively awarded from the Colorado <br />Department of Health Supplemental Environmental Project. <br /> <br />A Colorado Department of Local Affairs Energy Impact Assistance grant <br />application for $300,000 was submitted for the April 1, 2003 cycle. If the <br />grant is awarded the Town would likely decrease the requested loan <br />amount accordingly. <br /> <br />Any remainder of the project would be funded from the Town's Utility fund. <br /> <br />5. What collateral will you be offering for this loan? Possibilities include the project itself, pledge <br />of revenues, real estate, water rights. The loan would be paid from pledge of future <br /> <br />revenues. <br /> <br />The above statements are true, to the best of my knowledge: <br /> <br />By: <br /> <br /> <br />Title: Town Administrator <br /> <br />Date: May 21, 2003 <br />