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CWCB Construction Fund Loan Application progress for the proposed project. Please submit one copy of each completed study with this application. The James Tingle Reservoir has been fully designed and approved by the State Engineer and Park County, and the construction has commenced. Completion is scheduled to occur by approximately 12/31/2008. Copies of the construction plans for the James Tingle Reservoir and the State Engineer's approval of the design are attached as Appendices C-1 and C-2. 9. Estimated cost of the project. Please include estimated engineering costs, and estimated construction costs, if kriown:** Engineering Costs: Construction Costs: Other Costs: **Total Costs: $ 560,000.00 (Deere & Ault, contract awarded) $ 2,898,000.00 (contract awarded to Cat Lake Constr. for $2,635,000.00 -above cost includes a 10% contingency) $104,490.00 (rehabilitation of Randall and Sessions Ditches -ACC Construction) $ 3,562,490.00 ** Costs for this project are shared with Centennial with Center of Colorado paying 14% and Centennial paying approximately 86%, thus Center of Colorado's anticipated costs are approximately $498,749.00. Copies of the Deere & Ault budget, the Cat Lake Construction award and the ACC Construction "Contract Purchase Order" are attached as Appendices C-3, C-4 and C-5, respectively. The ACC Construction contract for rehabilitation of the Randall and Sessions Ditches is mostly completed as of the date of this application. 10. Loan amount and terms you are requesting. Requested Loan Amount: $500,000.00 Term (length) of loan: 10 years Interest Rate: 3% to 3.5% Part C. -Project Sponsor Financial Information (Usually 75-90 % of Est. Total Costs) (Usually 10, 20, or 30 years) (Please call for our current rates) 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 CWCB. 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 fmancial 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. 5