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PROJ01986
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PROJ01986
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Entry Properties
Last modified
3/10/2011 9:03:11 AM
Creation date
7/3/2007 12:44:10 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150013
Contractor Name
North Poudre Irrigation Company
Contract Type
Loan
Water District
4
County
Larimer
Loan Projects - Doc Type
Application
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<br />10. What loan amount and terms are you requesting?: <br />Requested Loan Amount: $ 1 000.000.00 <br />Term (length) of loan: 10 or 20 year <br />Interest Rate: 3th 13~ <br /> <br />Part C. - Project Sponsor Financial Information <br /> <br />Because the CWCB Construction Fund is a revolving fund, it is important that the project sponsor have <br />the financial capacity to repay any loans made by the CWCB. The following information is requested <br />to assist the CWCB in a preliminary assessment of the applicant's fmancial capacity. It is also <br />requested that the project sponsor submit with this application copies of the two most recent annual <br />reports. fmancial statements, corporate repom or other current docwnentation of financial condition <br />and operations. <br /> <br />1. List any existiI1lliability or indebtedness which exceeds one-thousand dollars. For example, <br />bank loans.lovemment agency loans. bond issues, accounts payable, etc. Include names and <br />addresses of lenders, amounts. due dates and maturity dates. (You may attach a separate <br />schedule if you wish): <br />Lender Total Due Maturity <br />Name(,Address Amount ~ Date <br />"See Attached Annual Report and Fin~n~ial Schedule. " <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.L,. If "YES", please give detailed explanation: <br /> <br />3. Please provide a summary of all revenues received during the last two fiscal years by category <br />(such as service charges. tap fees, assessments, etc.): <br />"See Attached Financial Statement" <br /> <br />4. Please provide a brief narrative description of potential sources of funding (in addition to the <br />CWCB) which have been explored or which will be explored for the proposed project <br />(Examples would be Banks, U.S. Farmer's Home Administration, Colorado Water Resources <br />and Power Development Authority, etc.) <br />No alternate sources of !undine have been pursued. NPIC has a $1.000.000 credit line with <br />First National Bank of Fon Collins and will utilize this for shon (eon needs. <br /> <br />S. What collateral will you be offering for this loan?: <br />Accessments:. the p.b.ysical Stnlcturcs. <br /> <br />Tho above statemcots are tmo, to lhc best of my knoW~ <br /> <br />S~ture of Applicant: ~~6 ~ <br />TItle: r e. r <br />Date: po /VcPtbI[ ~J- / 'Y"77 <br />
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