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CWCB Construction Fund Loan Application <br />Part C. - Project Sponsor Financial Information <br />Because the CWCB Construction Fund is a revolving fund, it is important that the project sponsor <br />ha~e the financial capacity to repay any loans made by the CWCB. The following information is <br />needed to assist the CWCB in a preliminary assessment of the applicant's financial capacity. It is <br />also requested that the project sponsor submit with this application, copies of the three most recent <br />annual reports, financial statements, corporate reports or other current documentation of financial <br />condition and operations. <br />1. List any existing long-term liability (multi-year) or indebtedness that exceeds one thousand <br />dollars. For example, bank loans, government agency loans, bond issues, accounts payable, etc. <br />Include names and addresses of lenders, amounts, due dates and maturity dates. Attach a <br />separate schedule, if needed. <br />Lender Name & Address <br />Remaining Annual Maturity <br />Amount Pa. ent Date <br />none <br />2. Are any of the above liabilities now in default, or been in default at any time in the past? <br />YES NO X . If YES, please give detailed explanation. <br />3. Please provide a brief narrative description of sources of funding, in addition to the CWCB, <br />which have been explored for this project (Examples would be Banks, USDA Rural <br />Development, NRCS, Colorado Water Resources and Power Development Authority, Colorado <br />Division of Local Governinent, etc.). <br />US Bank has nreviouslv loaned monev to the Comaanv and is a uotential <br />source of funding. <br />4. What collateral will you be offering for this loan? Possibilities include a pledge of revenues, <br />the project itself, real estate, water rights. Pled~e of shareholder assessments and the <br />prolect. <br />The above staten <br />Signature of <br />Printed Nam <br />Title Director and Secretarv/Treasurer <br />Date ~,~-] ~ ~ ~ <br />4 <br />