C150205 Feasibility Study

• Contract/PO #: C150205
• Contractor Name: Veits Pipeline Company
• Contract Type: Loan
• Water District: 34
• County: Montezuma
• Loan Projects - Doc Type: Feasibility Study

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1350 North Main
Spanish Fork, UT 84660
Phone: [phone]

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8. List any feasibility studies or other investigations that have been completed or are now in
progress for the proposed project. Please submit one copy of each completed study with
this application.
a. Pipeline Project Feasibility Study
b. Mancos Valley Salinity Control Project: Plan and Environmental Assessment (A
Copy will be provided upon request)
9. Estimated cost of the project. Please inclu
construction costs, if known.
Estimated Engineering C sts:
Estimated Construction

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Estimated Total Costs:

$746,353

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10. Loan amount and terms you are requesting.
$574,118 bridge $143,530 for term
Term (length) of loan: years 30 Years
Interest Rate: 2.5 %

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Part C. - Project Sponsor Financial Information
Because the CWCB Construction Fund is a revolving fund, it is important that the project
sponsor have the financial capacity to repay any loans made by the CWCs. The following
information is needed to assist the CWCB in a preliminary assessment of the applicant's
financial capacity. It is also requested that the project sponsor submit with this application,
copies of the three most recent annual reports, financial statements, corporate reports or other
current documentation of financial condition and operations.
1. List any existing long-term liability (multi-year) or indebtedness that exceeds one
thousand dollars. NONE
2. Are any of the above liabilities now in default, or been in default at any time in the
past? NO
3. Please provide a summary of revenues by year.

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2002
Gross dues and assessments $1972

2003
$1155

2004
$1400

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4. Please provide a brief narrative description of sources of funding, in addition to the
CWCB, which have been explored for this project NRCS has contracted to pay up
to 75% of the project not to exceed $431,668,

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