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<br />CWCB Construction Fund Loan Application <br />Revised January 31,1994 <br /> <br />9. What is the estimated cost of the project? Please include estimated Engineering <br />costs, and estimated Construction costs, if known: <br />Estimated Engineering Costs: $ 458,000 <br />Estimated Construction Costs: $ 2,756,000 <br />Estimated Total Costs: $ 3,214,000 <br /> <br />10. What loan amount and terms are you requesting?: <br /> <br />Requested Loan Amount: <br /> <br />$ 1,160,000 <br />20 years <br /> <br />Term (length) of Loan: <br /> <br />Interest Rate: <br /> <br />4.09 % <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 <br />sponsor have the financial capacity to repay any loans made by the CWCB. The <br />following information is requested to assist the CWCB in a preliminary assessment of the <br />applicant's financial capacity. It is also requested that the project sponsor submit with <br />this application copies of the two more recent annual reports, financial statement, <br />corporate reports or other current documentation of financial condition and operations. <br /> <br />1. List any existing liability or indebtedness which exceeds one thousand dollars. <br />For example, bank loans, government agency loans, bond issues, accounts <br />payable, etc. Include names and addresses of lenders, amounts, due dates and <br />maturity dates. (You may attach a separate schedule if you wish): <br />Lender Total Due Maturity <br />N ame/ Address Amount Dates Date <br />See enclosed copies of the City of Sterling 1997, 1998, and 1999 Comprehensive <br />Annual Financial Report <br /> <br />4 <br />