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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 />addresses of lenders, amounts, due dates and maturity dates. Attach a separate schedule, if <br />needed. <br /> <br />Lender Name & Address <br /> <br />Remaining <br />Amount <br /> <br />Annual <br />Payment <br /> <br />Maturity <br />Date <br /> <br />none <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 _X _' 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 />The Sheek Ditch Company was incorporated in June 2003. The only revenue received to <br />date was from the members for purposes of incorporation and for routine maintenance work. <br />The Company has an account at the Mancos Valley Bank. <br /> <br />4. Please provide a brief narrative description of sources of funding, in addition to the CWCB, <br />which have been explored for this project (Examples would be Banks, Rural Development, <br />NRCS, Colorado Water Resources and Power Development Authority, Colorado Division of <br />Local Government, etc.). NRCS and the Members of the Company. <br /> <br />5. What collateral will you be offering for this loan? Possibilities include the project itself, pledge <br />of revenues, real estate, water rights. Pledge of pipeline facilities, payment reserve account and <br />Member Funding Agreement <br /> <br />The above statements are true, to the best of my knowledge: <br />Signature o~ A,,"~ <br />By ~ 'br~ <br />c.-r <br />Printed Name Thomas J. Weaver <br /> <br />Title <br />Date <br /> <br />President, Sheek Ditch Company_ <br />March 3, 2005 <br />
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