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C150349 Feasibility Study I
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C150349 Feasibility Study I
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Last modified
3/27/2013 7:35:42 AM
Creation date
3/26/2013 2:13:41 PM
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Template:
Loan Projects
Contract/PO #
C150349
Contractor Name
Ordway Feedyard LLC
Contract Type
Loan
Water District
17
County
Crowley
Loan Projects - Doc Type
Feasibility Study
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8. List any feasibility studies or other investigations that have been completed or are now in progress <br />for the proposed project. If so, submit one copy of the study with this application. <br />Loan Feasibility Study <br />9. Estimated cost of the project. Please include estimated engineering costs, and estimated <br />construction costs, if known. <br />Estimated Engineering Costs: $52,589 <br />Estimated Construction Costs: $3,308,315 <br />Estimated Other Costs: $20,500 <br />Estimated Total Costs: $ $ 3,381,404 <br />10. Loan amount and terms you are requesting. <br />Requested Loan Amount: $ 2,500,000 <br />Term (length) of loan: 30 years <br />Interest Rate: 1.75% <br />Part C. - Project Sponsor Financial Information <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. <br />Ordway Cattle Feeders, LLC <br />N/P Apishapa Ranch $ 228,350 Owner deferred distribution <br />N/P Luke Larson $ 25,000 Owner deferred distribution <br />Ordway Feedyard, LLC <br />Alvin Carter <br />$ <br />273,048 <br />Water shares <br />Armstrong <br />$ <br />629,859 <br />Water shares <br />Schiro <br />$1,238,010 <br />Water shares <br />Schiro <br />$ <br />528,000 <br />Water shares <br />Corn St Bk <br />$ <br />51,484 <br />Feed Trucks <br />CNH Capital <br />$ <br />13,267 <br />Tractor <br />FoMoCo <br />$ <br />89,368 <br />Trucks <br />NAEDA <br />$ <br />69,300 <br />Deliv Box <br />AgDirect <br />$ <br />31,468 <br />CAT Skidster <br />AgDirect <br />$ <br />136,189 <br />Loader <br />NAEDA <br />$ <br />148,628 <br />Kenworth <br />Caterpillar Financial <br />$ <br />154,610 <br />Generator <br />Farm Loan <br />$1,667,692 <br />Sprinkler Loan <br />$ <br />67,058 <br />2. Are any of the above liabilities now in default, or been in default at any time in the past? YES <br />NO _X_. If YES, please give detailed explanation. <br />51 <br />
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