PROJ01947 ‎(3)‎

• Contract/PO #: FS0076FX
• Contractor Name: Poudre Tech Metropolitan District
• Contract Type: Loan
• Water District: 0
• County: Weld
• Loan Projects - Doc Type: Feasibility Study

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Economic analysis

The economic benefit of the project is great by any measure. The projected saying in tap
fees compared to that which would be paid in a subdivision without a dual water system
is 6,122.00 per lot at today's rates. The projected saving in monthly water rates is
conservatively estimated at 240.00 per year, which computes to a future value (30 years
@ 5.00% interest) of 16,645.00. The sum of these two numbers divided by the cost of
the project: (16,645.00 + 6,122.00) times 1,500 units /5,701,067.50 is 5.99 or a
costlbenefit ratio, or essentially 6.00.

Social and Physical Impacts

The major social impact of the project will be that housing will be more affordable and
more people will be able to afford to liye in a very desirable neighborhood. The strain on
public improvements (water treatment plant) will be lessened and scarce resources will be
conserved. The project will have essentially no negative physical impact, as the
infrastructure will for the most part not be visible. Positive physical impacts will be the
aesthetic value and recreational potential of the lakes as well as the beauty of the open
spaces.

Conclusions

1. Poudre Tech Metropolitan District is a vital and established entity in the
community and within the State of Colorado with the ability to enter into a
contract with the CWCB for the purpose of obtaining a Construction Fund loan.

2. Rights-of-way easements and permits are adequate for the construction of this
project.

3. The project would proyide for the most efficient deliyery of water to the
subdivision.

4. The project would conserve water which would otherwise be lost to down-stream
interests or from the drainage entirely.

5. The total estimated cost of the project is $5.7 million and this will be financed... .

6. Poudre Tech Metropolitan District is eligible for a loan from the CWCB because
the project is necessary and desirable to conserve and store water, ease the strain
on public improyements and make the deyelopment more affordable for the
public.