C150137 Feasibility Study - Laserfiche WebLink

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Interest Rate: 4.50 % ( Please call for our current rates) Part C. - Project Sponsor Financial Information Because the CWCB Construction 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. It is also requested that the project sponsor submit with this application copies of the two most recent annual reports, financial statements, corporate reports or other current documentation of financial condition and operations. 1. List any existing liability 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. Attach a separate schedule, if needed. Lender Name & Address Date Remaining Annual Maturity Amount Pa meet Colorado Canal Company, $58,900 for outlet channel maintenance in 2002, that will be paid upon collection of assessments later this spring. Steffens and Associates, estimated $1,500 in January for work in progress that he has not billed for yet. 2. Are any of the above liabilities now in default, or been in default at any time in the past? YES NO X . If YES, please give detailed explanation. _ 3. Please provide a summary of all revenues received during the last two fiscal years by category (such as service charges, tap fees, assessments, etc.). In 2002: $121,863 from assessments, $1956 from interest on investments, $3,872 from land and recreation use leases, and $260 from miscellaneous income, for a total of $127,951. In 2001: $203153 from assessments, $1,636 from interest income on investments, and $6422 from land and recreation use leases for a total of $211,251. CFLA902