Laserfiche WebLink
<br />.. ~ '-, ~ <br /> <br />.. <br />. <br /> <br />CWCB Construction Fund Loan Application <br />Revised January 31, 1994 <br /> <br />2. Are any of the above liabilities now in default, or been in default at any time in the past? <br />YES_ NO K...-. If "YES", please give detailed explanation: <br /> <br />3. Please provide a summary of all revenues received during the last two fiscal years by <br />category (such as service charges, tap fees, assessments, etc.): <br /> <br />See attached financial statements. <br /> <br />4. Please provide a brief narrative description of potential sources of funding (in addition <br /> <br />to the CWCB) which have been explored or which will be explored for the proposed <br /> <br />project (Examples would be Banks, U.S. Farmer's Home Administration, Colorado Water <br /> <br />Resources and Power Development Authority, etc.) <br /> <br />The City will attempt to borrow money from YmHA, although in November 1994, <br />the City signed a 40-year loan for $1,000,000. The City will also attempt <br />to obtain a grant from CDBG or other state flmdin~ RgE>nriE>~. ThE> r.it-y hrls <br />a good working relationship with the Bank of Cripple Creek and just retired <br />ft ~1.000.0on lORn from thE> hRnk. <br /> <br />5. What collateral will you be offering for this loan?: <br /> <br />The City has property, significant water rights, and is constructin a <br />2,000,000 wastewater treatment plant, any of which might be offered as <br />collateral. <br /> <br />The above statements are true, to the best of my knowledge: <br /> <br />Signature of Applicant: <br />Title: <br />Date: <br /> <br />~71~ <br />IJ1JJejfJ4 <br />1~/::;z/ q 4 <br /> <br />, I <br /> <br />5 <br />