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PROJ01852
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PROJ01852
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Last modified
4/26/2011 10:12:17 AM
Creation date
4/5/2007 9:55:41 AM
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Template:
Loan Projects
Contract/PO #
C150026
Contractor Name
Ute Water Conservancy District
Contract Type
Loan
Water District
72
County
Mesa
Bill Number
SB 99-173
Loan Projects - Doc Type
Feasibility Study
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<br />FINANCIAL ANALYSIS <br /> <br />Sources of Funding <br /> <br />For the total estimated project cost of $30,311,000, the District currentl y anticipates using <br />the sources shown in Table 6: <br /> <br />Table 6 - Plateau Creek Project, Sources of Funds <br /> <br />Source Amount <br />Remaining CWCB Construction Fund Authorization $6,427,151 <br />New Borrowing, 1999 10,000,000 <br />New Borrowing, 2000 10,000,000 <br />From District Reserve Funds 3,883,849 <br />Total $30,311,000 <br /> <br />The new borrowings in 1999 and 2000 may be from: <br /> <br />. District revenue bond issues, <br /> <br />. an additional loan or loans from the CWCB Construction Fund, <br /> <br />. a Colorado Water Resources & Power Development Authority revenue bond issue, or <br /> <br />. some combination of the above. <br /> <br />If project costs should increase relative to the current cost estimate, the District may seek <br />additional external funding through borrowing or may use some combination of external <br />and internal funding. <br /> <br />Sources of Revenue <br /> <br />The District generally obtains revenue from water sales, service charges and tap fees as <br />well as property taxes and investment income. The amount of revenue by source for the <br />last three years is given in Table 7: <br /> <br />10 <br />
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