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CWCB Water Project Loan Application <br />7. Please list the names, addresses and phone numbers of the Applicants' engineer(s) and <br />attorney(s). <br />NAME ADDRESS and PHONE <br />Chris Manera, P.E., Colorado River Engineering, Inc. <br />P.O. Box 1301, Rifle, CO 81650,(970)625-4933 <br />Hank Worley McDougall, Woldridge, and Worley <br />530 Communications Circle, Suite 204 Colorado Springs, CO 80905 <br />719 520 -9288 <br />Mr. Worley recently left the above firm and the Town will provide an update of contact <br />information when the attorney position is updated. <br />8. List any feasibility studies or other investigations that have been completed or are now in <br />progress for the proposed project. If so, submit one copy of the study with this application <br />Feasibility Report Attached <br />9. Estimated cost of the project. Please include estimated engineering costs, and estimated <br />construction costs, if known. (Summarized in Attachments) <br />Estimated Engineering Costs:$ $119,600 <br />Estimated Construction Costs: $290,300 <br />Estimated Other Costs: $n/a (land, water rights purchase,etc.) <br />Estimated Total Costs: $409,900 <br />10. Loan amount and terms you are requesting. <br />Requested Loan Amount: $368,900 (Usually 90 % of est. Total Costs) <br />Term (length) of loan: 30 years (Usually 10, 20, or 30 years) <br />Interest Rate: 4 % (Please call for our current rates) <br />Part C. - Project Sponsor Financial Information <br />Because the CWCB's Fund is a revolving fund, it is important that the project sponsor have the <br />financial capacity to repay any loans made by the CWCB. The following information is needed to <br />assist the CWCB in a preliminary assessment of the applicant's financial capacity. The project <br />sponsor will submit the three most recent annual financial statements. <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 />3 <br />