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CWCB Water Project Loan Application 6. Will the acquisition of additional water rights be necessary? YES X NO If YES, please explain. The project includes purchase of ALP project water from CWRPDA 7. Please list the names, addresses and phone numbers of the Applicants' engineer(s) and attorney(s). rTAN� ADDRESS and PHONE Russell Planning and Engineering - 934 Main Ave, Unit C, Durango, CO 81301 Bilds Water Consulting — 555 Rivergate Lane Suites B4-82, Durango, CO 81301 Floyd Smith — 48 County Road 250 Suite 5 Durango, Co 81301 8. List any feasibility studies or other investigations that have been completed or are now in progress for the proposed project. If so, submit one copy of the study with this application Loan Feasibility Study, Master Plan 9. Estimated cost of the project. Please include estimated engineering costs, and estimated construction costs, if known. Estimated Engineering Costs:$ $144,000, Estimated Construction Costs: $2,605,400 Estimated Other Costs: $201,600 Estimated Total Costs: $2,951,000, 10. Loan amount and terms you are requesting. Requested Loan Amount: $2,000,000 Term (length) of loan: 30 � ars (land, water rights purchase,etc.) (Usually 90 % of est. Total Costs) (Usually 10, 20, or 30 yeazs) Interest Rate: 4 % (Please call for our cunent rates) Part C. - Project Sponsor Financial Information Because the CWCB's 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. The project sponsor will submit the three most recent annual financial statements. 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. Include names and addresses of lenders, amounts, due dates and maturity dates. 3