PROJ02075

• Contract/PO #: C150222
• Contractor Name: Orchard Mesa Irrigation District
• Contract Type: Loan
• Water District: 72
• County: Mesa
• Loan Projects - Doc Type: Feasibility Study

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CWCB Construction Fund Loan Application

7. Please list the names, addresses and phone numbers of the Applicants' engineer( s) and attomey(s).

NAME

John Andrews, Eng.

AnnRF.~~ and PHONE
1875 Lawrence St. Suite 500 Denver.CO 80202 [phone]

Mark Hermundstad,A~~~~~ 200 N 6th St. Suite 103 Grd. Jet. CO 81502 [phone]

8. List any feastbility 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. _

Feasibility Study completed by Water Management Consultants using a matching
grant from the a~CB
9. Estimated cost of the project. Please include estimated engineering costs, and estimated
construction costs, ifknown.
.Jii
Estimated Engineering Costs:$--6{) , Q8 8 7 ~ 000" 00

Estimated Construction Costs: $--fu ~ 600. @ 00
,

Estimated Other Costs: $ (land acquisition, water rights pun:base,etc.)
Estimated Total Costs: $ .:S.J '1 r fL5:l I,/Jo; 000
10. Loan amount and terms you are requesting.
Requested Loan Amount: $ 5-13.05% 5"10/000 (Usually 75-90 % of Est. Total Costs)
Tenn Qength) ofloan: 3 0 YPJlr~ (Usually 10, 20, or 30 years)

Interest Rate:

2.5

% (please call for OUT current rates)

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 CWeR The following infonnation 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.
For example, bank loans, government agency loans, bond issues, accounts payable, etc. Include

3