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<br />CWCB Construction Fund Loan Application <br />5. Will the acquisition of additional water rights be necessary? YES ~ <br /> <br />If YES, please explain. <br /> <br />6. Please list the names, addresses and phone numbers of the Applicants' engineer(s) <br />and attomey(s). <br /> <br />NAME <br /> <br />Jim Loonan, P. E. <br /> <br />ADDRESS and PHONE <br /> <br />1435 North Cleveland Ave., Loveland, CO 80538 <br />(970)461-0550 <br /> <br />,P. O. Box 801, Loveland, CO 80539-0801 <br />(970)669-8670 <br /> <br />Randy Williams, Attorney at Law <br /> <br />7. List any feasibility studies or other investigations that have been completed or are <br />now in progress for the proposed project. Please submit one copy of each completed <br />study with this application. See the attachment "Part B, Item 8: Other Investigations" <br />on page 23. Or if part of the Feasibility Study, see that document's contents. <br /> <br />8. Estimated cost of the project. Please include estimated engineering costs, and <br />estimated construction costs, if known. While we did not estimate engineering costs, <br />most of the engineering work has been completed. So we base the figure on what has <br />already been spent. Estimated construction costs are based on the bid of the selected <br />contractor. Other costs are based on the anticipated outlet repair to take place this fall <br />and new weirs on the outlet ditches. <br /> <br />Estimated Engineering Costs: <br />Estimated Construction Costs: <br />Estimated Other Costs: <br />Estimated Total Costs: <br /> <br />$ 15,000.00 <br />$ 115,000.00 <br />$ 5,000.00 <br />$ 135,000.00 <br /> <br />9. Loan amount and terms you are requesting. <br />Requested Loan Amount: $ 105,000.00 <br />Term (length) of loan: 20 years (Usually 10,20, or 30 years) <br />Interest Rate: 2.0% (Please call for our current rates) <br /> <br />Part C. - Project Sponsor Financial Information <br /> <br />Because the CWCB Construction Fund is a revolving fund, it is important that the project <br />sponsor have the Cmancial capacity to repay any loans made by the CWCB. The following <br />information is needed to assist the CWCB in a preliminary assessment of the applicant's <br />financial capacity. It is also requested that the project sponsor submit with this <br />application, copies of the three most recent annual reports, financial statements, corporate <br />reports or other current documentation of financial condition and operations. See <br />attachment "Part C: Financial Statements" on page 24. Or if part of the Feasibility Study, see <br />that document's contents. <br /> <br />3 <br />