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C150200 Application
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C150200 Application
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Last modified
4/29/2011 10:35:08 AM
Creation date
7/10/2007 8:59:13 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150200
Contractor Name
Sheek Ditch Company
Contract Type
Loan
Water District
34
County
Montezuma
Loan Projects - Doc Type
Application
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<br />Water Right: _9.3_ CFS. <br /> <br />Average water diverted per year: _2248_ acre-feet. <br /> <br />6. Will the acquisition of additional water rights be necessary? YES <br /> <br />NOX <br /> <br />If YES, please explain. <br /> <br />7. Please list the names and addresses of the ApplicantsO engineer(s) and attomey(s). <br />NAME ADDRESS and PHONE <br />NRCS Tim Ouellette 970565-9045 x110 628 W 5th Street Cortez, Colorado 81321 <br />Attorney Erin Johnson. 303 588-2695 675 S University Blvd Ste 404 Denver, Colorado <br />80209 <br /> <br />8. List any feasibility studies or other investigations that have been completed or are now in <br />progress for the proposed project. Please submit one copy of each completed study with this <br />application. See Feasibility Study submitted with this application. <br /> <br />9. Estimated cost of the project. Please include estimated engmeenng costs, and estimated <br />construction costs, ifknown. <br /> <br />Estimated Engineering Costs: $ 71,200 <br /> <br />Estimated Construction Costs: $ 356,000 <br /> <br />Estimated Total Costs: $ 427,200 <br /> <br />10. Loan amount and terms you are requesting. <br />Requested Loan Amount: $427,200 bridge, $160,200 for Term <br /> <br />(Usually 75% of Estimated Total <br /> <br />Costs) <br /> <br />Term (length) of loan: <br />Interest Rate: <br /> <br />30 years (Usually 10,20, or 30 years) <br /> <br />2.5 % (Please call for our current rates) <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 <br />have the financial capacity to repay any loans made by the CWCB. The following information is <br />needed to assist the CWCB in a preliminary assessment of the applicant's financial capacity. It is <br />also requested that the project sponsor submit with this application copies of the two most recent <br />annual reports, financial statements, corporate reports or other current documentation of <br />financial condition and operations. <br /> <br />1. List any existing liability or indebtedness that exceeds one thousand dollars. For example, bank <br />loans, government agency loans, bond issues, accounts payable, etc. Include names and <br />
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