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PROJC02260
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PROJC02260
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Last modified
1/27/2010 11:19:20 AM
Creation date
1/22/2009 4:14:30 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C150238
Contractor Name
Southeastern Colorado Water Conservancy District - Water Activity Enterprise
Contract Type
Loan
Water District
0
County
Bent
Crowley
Otero
Prowers
Pueblo
Bill Number
SB 07-122
Loan Projects - Doc Type
Feasibility Study
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Appendix B <br />Local Cost Share Funding Approaches <br />Local Cost Share Funding Approach 1. The Enterprise alone applies for State <br />of Colorado Funding as follows: <br />Community Development Block Grant from DOLA $500,000 <br />Pre-loan Grant from CDPHE $10,000 <br />Direct Loan from WRPDA at 0 percent for 30 years $2,000,000 <br />Loan/Grant package form RUS, 2/5 grant 3/5 loan $10,000,000 <br />Loan at rate of 4.5 percent for 40 years $15,000,000 <br />CWCB loan at 3.25 percent for 30 years Remainder <br />Local Cost Share Funding Approach 2. The individual entities of the conduit <br />apply separately for loans/grants. The number of loans and grants is notational, just to <br />show potential ranges. The exact number granted will be determined by those entities <br />willing to apply, their perceived ability to repay, and funds available in the several State <br />programs. <br />Three communities get DOLA block grants of $500,000 each <br />Communities get DOLA Energy and Mineral Assistance <br />Five Disadvantaged communities get $10,000 pre-loan grants <br />(From PDHE) <br />Five Disadvantaged communities get $1,000,000 loans <br />(From CWRPDA) <br />Twenty-five communities get $1,000,000 combination <br />Grant/loan packages from RUS <br />$1,500,000 <br />$1,200,000 <br />Grants of $300,000 <br />$50,000 <br />$5,000,000 <br />$2,000,000 <br />CWCB loan at 3.25 % for 30 years Remainder <br />
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