C150367 Application

• Contract/PO #: CT2015-007
• Contract/PO #: C150367
• Contractor Name: Lamar, City of
• Contract Type: Loan
• Water District: 67
• County: Prowers
• Loan Projects - Doc Type: Application

Honeywell Building Solutions
Gary Berngard
Tel: [phone]
Mobile: [phone]
Gary.berngard @honeywell.com
Garth Neischburg
P.O. Box 654, Lamar, CO 81052
Tel: [phone]
8. qist any feasibility studies or other investigations that have been completed or are now in progress
for he proposed project. If so, submit one copy of the study with this application.
Loan Feasibility Study
9. 1 stimated cost of the project. Please include estimated engineering costs, and estimated
con truction costs, if known.
Estimated Engineering Costs: $ 129,246
Estimated Construction Costs: $ 1,360,487.54
Estimated Management/Contingency: $ 480,381
Estimated Total Costs: $ 1,970,114.54
10. Loan amount and terms you are requesting.
Requested Loan Amount: $ 780,000 **
Term (length) of loan: 30 years
Interest Rate: 1.75%
** Additional project funding has been applied for — notification will be received by August
I". If this funding is not received, the Loan Amount would increase to $1,770,000.
Pa C. - Project Sponsor Financial Information
Be use the CWCB's Fund is a revolving fund, it is important that the project sponsor have the
fin cial capacity to repay any loans made by the CWCB. The following information is needed to
assi t the CWCB in a preliminary assessment of the applicant's financial capacity. The project
spo sor will submit the three most recent annual financial statements.
any existing long -term liability (multi -year) or indebtedness that exceeds one thousand
Water Revenue Bonds: $ 1,421,344
CWRPDA DWRF Loan: $ 3,557,138
CWRPDA DWRF Loan: $ 983,118
CWRPDA WPCRF Loan: $ 1,833,884
Bank of America Lease/Purchase Financing (Loan): $ 3,223,258
2. Afre any of the above liabilities now in default, or been in default at any time in the past? YES
NO X_. If YES, please give detailed explanation.
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