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<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 <br /> <br />the past? <br /> <br />YES <br /> <br />NO X <br /> <br />If "YES," please give detailed explanation: <br /> <br />3. Please provide a summary of all revenues received during the last two fiscal years <br />by category (such as service charges, tap fees, assessments, etc): <br />See enclosed copies of the City of Sterling 1997, 1998, and 1999 <br />Comprehensive Annual Financial Report <br /> <br />4. Please provide a brief narrative description of potential sources of funding (in <br />addition to the CWCB) which have been explored or which will be explored for <br />the proposed project (Examples would be Banks, U.S. Farmer's Home <br />Administration, Colorado Water Resources and Power Development Authority, <br />etc.) <br /> <br />General Fund Equity designated for Drain and Flood Control. General <br />Fund revenue annually from sales and use tax. Flood mitigation funds from <br />Federal Emergency Management Agency (FEMA). <br /> <br />5. What collateral will you be offering for this loan?: <br />A pledge of revenues from a two-tenth of one percent sales tax imposed <br />for drainage and flood control that is a part of the General Fund. <br /> <br />The above statements are true, to the best of my knowledge: <br />Signature of Applicant: ~~ ~ <br /> <br />Title: p,."oj,j - -J;(oiJ t'd.L.-'ZJ <br /> <br />Date: '1/"/01 <br /> <br />5 <br />