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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
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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 />Remaining Annual Mahuity <br />Lender Name & Address Amount Pa ent Date <br />Bank of the West. Fort Morgan. Colorado $ 181,601 $17,400 2017 <br />Colorado Water Conservation Board $1,494.800 $75,281 2042 <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 />3. Please provide a brief narrative description of sources of funding, in addition to the CWCB, which <br />have been explored for this project (Examples would be Banks, USDA Rural Development, <br />NRCS, Colorado Water Resources and Power Development Authority, Colorado Division of <br />Local Government, etc.). Bank of the West loan. Premier Farm Credit loan <br />4. What collateral will you be offering for this loan? Possibilities include a pledge of revenues, the <br />project AMC real estate, water rights. Pledge of assessment revenue from stockholders. ftect <br />Reserve Fund in the amount of one annual pavment. Project infrastmcture <br />The above its are Signature: true, o <br />Signat of Applicant <br />Printed Name PETER E. KROHN <br />Title PRESIDENT, BOARD OF DIRECTORS <br />Date li,J�-i a- <br />n <br />
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