PROJC01841 ‎(2)‎

• Contract/PO #: C150270
• Contractor Name: Headgate 135 Lateral, Inc.
• Contract Type: Loan
• Water District: 0
• County: Mesa
• Loan Projects - Doc Type: Feasibility Study

Institutional Considerations

Entities that are, or maybe, involved in the design, construction, and financing
of the project:

Headgate 135 Lateral Inc.; financing, construction and project managing.
Natural Resources Conservation Service (NRCS); design, construction
supervision and inspection.
Grand Valley Drainage District; construction material and labor and
machinery.
Bishop of Pueblo; pay for drainage cost and cost share financing for irrigation
piping on north side of our project.
3P Development, LLC; cost share financing for irrigation piping on west side
of our project.
Colorado Water Conservation Board (CWCB); financing.
Mesa Conservation District (Mesa C. D.); cost share
The Headgate 135 Lateral, Inc, will be the construction manager for the
project and will be the entity entering into contracts and agreements for the
services to be provided.

Financial Analysis

Headgate 135 Lateral, Inc. is applying for a loan from the CWCB in the
amount of $260,000.00, to cover total cost of all construction and materials.
Upon final approval of the constructed Project by NRCS, Mesa C.D. will pay
Lateral 135 $70,663.75 which will used by the Lateral to pay down the loan.
Participates payment from the Bishop of Pueblo and The 3P Development,
LLC is expected within 30 days following completion of the project.

Entitv Grant/cost sbare Constr.loan Lonp-term loan
ewCB $ 0 $ 260,000.00 $ 134,000.00
Mesa Conser. Dist. $ 70,663.75 $ 0 .0
Bishop of Pueblo $ 34,000.00 .0 $ 0
Grand Valley Drainage $13,417.00 $ 0 $0
3P Development, LLC . 7,115.00 . 0 .0
Headgate 135 $ 0 $ 0 $ 0
Total $125,205.75 $ 260,000.00 $ 134,000.00

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