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~ ~ <br />Project Summary - Dolores Water Conservancy Districf, acting by <br />and through its Dolores Water Conservancy Districf Water <br />Activity Enterprise - Contract No. C150193 <br />SECTION 1 -BORROWER INFORMATION <br />Name: Dolores Water Conservancy District, acting by and <br />through its Dolores Water Conservancy District Water <br />Activity Enterprise <br />Address: P.O. Box 1150, Cortez, CO 81321 <br />Federal Identification No.: 84-0625315 <br />Contact: Donald W. Schwindt, President, or Lisa Jordan, <br />Administrative Assistant <br />Phone Number: (970) 565-7562 Fax Number: (970) 565-0870 <br />E-mail address: Schwindt: dysch@frontier.net and Jordan: <br />kj42@frontier.net <br />Type of Entity: The Dolores Water nservan Di rict is a water <br />conserva 'strict for d pursu t to nd governed by <br />Article , Tit 37, C. S. and I ated in Montezuma <br />and Do es C unties. e Dolores Water Conservancy <br />District r Activity Enterprise is a water activity <br />enterprise established by the District by Resolution No. <br />93-02, dated December 14, 1993, pursuant to Article <br />45.1, Title 37, C.R.S., which resolution is incorporated <br />herein by reference. The Enterprise was formed and is <br />operated as an enterprise within the meaning of Co~o. <br />CoNST. Art. X, Section 20 and C.R.S. § 37-45.1-101, et <br />seq. <br />Section 2 - Project Description <br />A. Description of PRO~ECT: The BoRROwER applied to the CWCB for a loan to be <br />used to construct finro pumping plants and pipeline facilities to provide water to <br />irrigate approximately 2,200 acres, as part of the WETPACK project located in <br />Montezuma County, hereinafter referred to as the PRO~ECT, at an estimated total <br />cost of $3,692,000. <br />B. Description of Feasibility Study: The CWCB reviewed a feasibility study report on <br />the PROJECT compiled by Phillip Saletta, P.E., former BORROWER General <br />Manager, and Steve Harris, P.E., Harris Water Engineering, Inc., which is <br />incorporated herein by reference, and, based upon the feasibility report, the <br />CWCB determined the PRO~ECT to be technically and financially feasible. <br />SECTION 3 - CWCB'S AUTHORITY <br />Severance Tax Trust Fund Perpetua/ Base Accounf: This loan is made pursuant to <br />the provisions of §§ 39-29-109(1)(a)(I), 37-60-119 and 37-60-120, C.R.S., which <br />authorize the CWCB to loan money for water projects from the CWCB Severance Tax <br />Appendix 1 to Loan Contract C150193 <br />Page 1 of 5 <br />