Laserfiche WebLink
<br />Implementation Schedule <br /> <br />The implementation schedule calls for completion of financing arrangements in summer <br />2002. Final engineering design will be completed in summer 2002, and construction will <br />be completed in fall 2002. <br /> <br />Permitting <br /> <br />All easements and rights of way will be arranged for before construction begins. <br /> <br />Institutional Considerations <br /> <br />Entities that are, or may be, involved in the management, design, construction, and <br />financing of the project include: <br /> <br />RDAEC, Project management and construction. <br />Natural Resources Conservation Service (NRCS); Engineering design. <br />Colorado Water Conservation Board (CWCB); Financing and construction. <br /> <br />The RDAEC will be the lead for the financing, design, and construction of the project and <br />will enter into contracts and agreements with the various entities for the services <br />provided by each. <br /> <br />Financial Analysis <br /> <br />The total estimated cost of the project is $67,000 (including engineering costs). Funding <br />sources are shown in Table 1: <br /> <br />Table 1: Project Funding Sources <br />Funding Source Grant <br />NRCS Planning and Design $17,000 <br />CWCB Loan <br />Total ($67,000*) $17,000 <br /> <br />Loan <br /> <br />$50,000 <br />$50,000 <br /> <br />(*The RDAEC will cover any costs exceeding the estimated project cost.) <br /> <br />Water is used for agricultural purposes and the Staff is recommending a Small Project <br />loan in maximum amount of $50,000. The recommended loan tenns are 30 years at <br />2.75% or 20 years at 2.5%, at the borrower's option. <br /> <br />o <br />