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LPPD000244
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LPPD000244
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Entry Properties
Last modified
5/13/2010 10:34:23 AM
Creation date
3/26/2007 10:12:45 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150177
Contractor Name
Smart Brothers, Inc.
Contract Type
Loan
Water District
64
County
Logan
Loan Projects - Doc Type
Feasibility Study
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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />CWCB Construction Fund Loan Application <br /> <br />Water Right: _15_ CFS. <br /> <br />Average water diverted per year: _5500_ acre-feet. <br /> <br />6. Will the acquisition of additional water rights be necessary? YES X NO <br /> <br />If YES, please explain. This recharge well is listed in the Logan Well Users (LWU) Decree <br />and has filed for a Water Right Recharge Well #3 <br /> <br />7. Please list the names and addresses of the Applicants' engineer(s) and attomey(s). <br />NAME ADDRESS and PHONE <br />Nation Engineering _ (Brent Nation) Ft. Morgan, CO <br />Kim Lawrence L WU Attorney Greeley, CO <br /> <br />8. List any feasibility studies or other investigations that have been completed or are now in progress <br />for the proposed project. Please submit one copy of each completed study with this application. _ <br /> <br />Feasibility study is currently being finalized by Brent Nation. <br /> <br />9. Estimated cost of the project. Please include estimated engineering costs, and estimated <br />construction costs, ifknown. <br /> <br />Estimated Engineering Costs: <br />Estimated Construction Costs: <br />Estimated Total Costs: <br /> <br />$ 1500.00 <br />$ 265,000.00 <br />$ 266,500.00 <br /> <br />10. Loan amount and terms you are requesting. <br />Requested Loan Amount: $ 239,850.00 <br />Term (length) ofloan: 30 <br />Interest Rate: 2.5 <br /> <br />(Usually 75% of Estimated Total Costs) <br /> <br />years (Usually 10, 20, or 30 years) <br /> <br />% (Please call for our current rates) <br /> <br />Part C. - Project Sponsor Financial Infonnation <br /> <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 :financial capacity. It is also <br />requested that the project sponsor submit with this application copies of the two most recent annual <br />reports, financial statements, corporate reports or other cmrent documentation of :financial condition <br />and operations. <br /> <br />1. List any existing liability or indebtedness that exceeds one thousand dollars. For example, bank <br /> <br />3 <br /> <br />CFLA902 <br />
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