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Feasibility Evaluation of the Arkansas Valley Pipeline <br />Water Works! Committee <br />July 2003 <br /> <br />Total Unused Debt Bond Net <br />Outstanding Capacity Credit Operating <br />Jurisdiction Debt (millions) Rating Revenue <br />Counties <br />Bent E0.4 E6.7 NR E0.3 <br />Crowley E0.3 53.5 NR $0.7 <br />Otero E0.0 518.5 BBB E1.0 <br />Prowers ~ E13.9 NR <br />Subtotal S3.g E42.6 E2.6 <br />Primary Municipalities <br />La Junta E0.8 E6.3 NR E0.6 <br />Lamar 50.1 E6.3 AAA E1.3 <br />Las Animas < 0.1 - 0.5 NR 0.1 <br />Subtotal E1.0 E12.1 52.0 <br />Secondary Municipalities <br />Crowley E0.0 -E0.1 NR <E0.1 <br />Olney Springs E0.0 E0.2 NR <E0.1 <br />Rocky Ford E0.1 E2.1 NR E0.2 <br />Sugar City <E0.1 E0.2 NR <E0.1 <br />Wiley 0.0 X0.2 NR < 0.1 <br />Subtotal E0.2 E2.6 E0.4 <br />TOTAL 54.5 E57.3 E5.0 <br />State of Colorado Funding Sources <br />There are numerous alternative grant and loan sources available from various Colorado state <br />agencies. The Colorado Water Resource and Power Development Authority has a number of <br />loan programs whose eligibility requirements would fit the Arkansas Valley Pipeline. <br />Specifically, the Drinking Water Revolving Fund, the Small Water Projects monies and the <br />Water Pollution Control Revolving Fund all appear to be attractive resources. Whereas, it would <br />be unlikely to receive funding from all three, the Arkansas Valley Pipeline developer might <br />obtain up to $25 million in total loans from this source, assuming loan requirements and local <br />government support was forthcoming at a sufficient level. <br />The Colorado Water Conservation Board (CWCB) lends money for raw water development that <br />could be an element of the Arkansas Valley Pipeline. If the project is configured in an <br />appropriate manner and the CWCB loan requirements are fully met, an additional $25 million <br />could be borrowed from this source. <br />Grant monies from other funding agencies at the state level could be forthcoming in amounts of <br />$0.5 million or less. Whereas these monies are insignificant toward project development, they <br />could be quite useful in the next stages of project planning and design. <br />GEI Consultants, Inc. ~ ~ 01284 03-07-21 feasibilty report executive summary <br />