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Mancos Valley Beaver Ditch Loan Application 6/3/2004 7:39 AM orw <br />Table of Contents <br />Introduction................................................................................................. ............................... 6 <br />ProjectSponsor ........................................................................................... ..............................6 <br />Project Service Area and Facilities .......................... ..............................6 <br />... ............................... <br />Hydrologyand Water Rights ...................................................................... ..............................6 <br />Project Description and Alternatives ......................................................... ............................... 9 <br />SelectedAlternative ................................................................................... ............................... 9 <br />CostEstimate .............................................................................................. ..............................9 <br />ImplementationSchedule .......................................................................... .............................10 <br />Permitting................................................................................................... .............................10 <br />Institutional Considerations ....................................................................... .............................10 <br />FinancialAnalysis ...................................................................................... .............................10 <br />CreditWorthiness ...................................................................................... .............................11 <br />LoanApplication .............................................................. ............................... <br />Alternative Financing Considerations ....................................................... .............................11 <br />Collateral.................................................................................................... .............................12 <br />EconomicAnalysis ..................................................................................... .............................12 <br />PhysicalImpacts ........................................................................................ .............................12 <br />Conclusions................................................................................................ .............................12 <br />Page 2 of 15 pages <br />