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C150339 Feasibility
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C150339 Feasibility
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Last modified
5/16/2013 11:37:09 AM
Creation date
10/10/2012 8:04:16 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C150339
Contractor Name
Fort Morgan Reservoir and Irrigation Company
Contract Type
Loan
Water District
1
County
Morgan
Loan Projects - Doc Type
Feasibility Study
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CWCB Construction Fund Loan Application <br />7. Please list the names, addresses and phone numbers of the Applicants' engineer(s) and attomey(s). <br />NAME ADDRESS and PHONE <br />Brent Nation Nation En gne yg Services, LLC 229 East Knower Avenue, Fort <br />Mores, Colorado 80701 (970) 867 -2883 <br />Cynthia Covell. Esg Alamein 7 Covell, PC} 1600 Broadway, Suite 2350 Denver CO <br />80202 -4920 (303) 8948191 <br />8. List any feasibility studies or other investigations that have been completed or are now in progress <br />for the proposed project. Please submit one copy of each completed study with this application. <br />JULY 2012 FEASIBIIITY REPORT PREPARED BY NATION ENGINEERING IS <br />SUBMITTED WITH THIS LOAN APPLICATION <br />9. Estimated cost of the project. Please include estimated engineering costs, and estimated <br />construction costs, if known. <br />Estimated Construction Costs: $ 1.274,638 <br />Ftimated Other Costs: $ 140,000 pant wgWsitm water rigbas podereW -) <br />Estimated Total Costs: $ 1439 638 <br />10. Loan amount and terms you are requesting. <br />Requested Loan Amount: $ 1,308,630 (Usually, 90 % of est. Torsi Costs) <br />Term (knDgth) of loan: 30 years (Usually 10, 20, or 30 years) <br />Interest Rate: (blended) 1.85 % (Please call for our current rates) <br />Part G - Project Sponsor Financial Information <br />Because the CWCB's Fund is a revolving fiord, 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 sponsor <br />will submit the three most recut annual financial statements. <br />1. List any existing long -term liability (multi -year) or indebtedness that exceeds one thousand dollars. <br />For example, bank loans, government agerxy loans, bond issues, accounts payable, etc. Include <br />names and addresses of lenders, amounts, due dates and maturity dates. <br />3 <br />
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