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Part C. - Project Sponsor Financial Information <br />Because the CWCB Construction Fund is a revolving fund, it is important that the project sponsor <br />have the financial capacity to repay any loans made by the CWCB. The following information is <br />requested 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 two most recent <br />annual reports, financial statements, corporate reports or other current documentation of financial <br />condition and operations. <br />1. List any existing liability or indebtedness which exceeds one - thousand dollars. For example, <br />bank loans, government agency loans, bond issues, accounts payable, etc. Include names and <br />addresses of lenders, amounts, due dates and maturity dates. (You may attach a separate schedule if <br />you wish): <br />Lender <br />Total Due Maturity <br />Name /Address Amount Dates Date <br />Colorado Water Conservation Board $560,000 July July, 2029 <br />(See enclosed payment schedule <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 />Please provide a summary of all revenues received during the last two fiscal years by category <br />(such as service charges, tap fees, assessments, etc.): <br />See attached Financial Reports for 2010 and 2011. <br />4. Please provide a brief narrative description of potential sources of funding (in addition to the <br />CWCB) which have been explored or which will be explored for the proposed project <br />(Examples would be Banks, U.S. Farmer's Home Administration, Colorado Water Resources <br />and Power Development Authority, etc.) <br />1KIs <br />