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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 />Joanne Fagan, PE PO Box 10, Ridgway, CO 81432 <br />John Kappa, Esq PO Box 790 Montrose, CO 81402 <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 Study - Ridgway Ditch and Lake Otonowanda - Jan. 2011 <br />prepared by the Applegate Group <br />9. Estimated cost of the project. Please include estimated engineering costs, and estimated <br />construction costs, if known. <br />Estimated Engineering Costs:$ <br />$ 151,430 <br />Estimated Construction Costs: $ 1,826,826 <br />Estimated Other Costs: <br />Estimated Total Costs: <br />$ 102,587 <br />$2,080,843 <br />10. Loan amount and terms you are requesting. <br />Requested Loan Amount: $ 600,000 <br />Tenn (length) of loan: <br />Interest Rate: <br />Part C. - Project Sponsor Financial Information <br />30 years <br />3 of <br />(land, water rights purchase,etc.) <br />(Usually 90 % of est. Total Costs) <br />(Usually 10, 20, or 30 years) <br />(Please call for our current rates) <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 />Include names and addresses of lenders, amounts, due dates and maturity dates. <br />3 <br />