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ORDWAY FEEDYARD WATER LINE EXTENSION <br />PROJECT FUNDING SUMMARY <br />Ordway Cattle Feeders Matching Funds <br />Phase 1: Rehab <br />ab of existing 4.3 mile pipeline -spent to -date 453,000 <br />Phase 1: Rehab of existing 4.3 mile pipeline -to come 125,000 <br />Phase 1: Re- establish easements for existing line 6,000 <br />Phase 1: Preliminary Design 14,904 <br />PHASE I COST: 601,404 <br />PHASE II COST: 2,780,000 <br />TOTAL PROJECT COST: 3,381,404 <br />Loan to Project ratio: 74% <br />Loan to Grant ratio: 9:1 <br />Cash Match & Basin Funds to Statewide Funds (must be 20 %): 74% <br />Basin Funds must be at least 5% of total grant amount: 18% <br />Conclusions <br />Funding by a combination of WSRA Grants and CWCB Loan ensures the financial viability of this project, <br />and also ensures that much - needed repairs will be constructed in a timely manner, further ensuring the <br />long -term sustainability of the company. <br />