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C150359 Contract
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C150359 Contract
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Last modified
6/17/2015 12:01:25 PM
Creation date
12/13/2013 10:59:27 AM
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Template:
Loan Projects
Contract/PO #
CT2015-054
C150359
Contractor Name
Fowler, Town of
Contract Type
Loan
Water District
17
County
Otero
Loan Projects - Doc Type
Contract Documents
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Project Summary —Town of Fowler, Acting By and Through Its Water <br /> Activity Enterprise-Contract No. C150359 <br /> SECTION 1 —BORROWER INFORMATION <br /> Name: Town of Fowler, a Colorado statutory town, <br /> acting by and through its Water Activity Enterprise <br /> Address: 314 S. Main Street, Fowler, Colorado 81039 <br /> Contact: Dan Hyatt <br /> Phone Number: 719-263-4461 <br /> E-mail address: administrator @fowlercolorado.com <br /> Type of Entity: The BORROWER is a Colorado statutory town pursuant <br /> to Title 31, Article 1, Section 203 and Article 4, Section <br /> 100 or Section 200, C.R.S. and is located in Otero <br /> County, Colorado. The Town of Fowler Water Activity <br /> Enterprise is a water activity enterprise maintained by <br /> the Town, pursuant to Article 45.1, Title 37, C.R.S. <br /> and was formed and is operated as an enterprise <br /> within the meaning of COLORADO CONST. Art. X, <br /> Section 20. <br /> Section 2 — Project Description <br /> A. Description of PROJECT: The BORROWER applied to the CWCB for a loan to be <br /> used for the construction of the Augmentation Waterline Project (PROJECT), to <br /> construct a diversion box to separate storm water from augmentation water and <br /> to pipe water directly to the Arkansas River. The PROJECT will consist of the <br /> replacement of a concrete swale into a diversion box. At the diversion box, a <br /> section of 36-inch pipe will be installed to route storm water and a 12-inch pipe <br /> will be installed to route augmentation water. The PROJECT is located in Otero <br /> County at an estimated total cost of$305,000. <br /> B. Description of Feasibility Study: The Loan Feasibility Study titled, Town of <br /> Fowler-Augmentation Waterline Project-Loan Feasibility Study, dated May 2013 <br /> was prepared by Michelle Probasco, P.E. with TST, Inc. with assistance from <br /> Dan Hyatt, Interim Town Manager and from W.W. Wheeler and Associates, <br /> water resource engineers. The study was prepared in accordance with the <br /> CWCB guidelines, which is incorporated herein by reference, and based upon the <br /> feasibility report, the CWCB determined the PROJECT to be technically and <br /> financially feasible. <br /> SECTION 3—CWCB's AUTHORITY <br /> Construction Fund: This loan is made pursuant to the provisions of §§ 37-60-119 <br /> and 37-60-120, C.R.S., which authorize the CWCB to loan money for water projects <br /> from the CWCB Construction Fund for the benefit of the people of the state, provided <br /> that the BORROWER assures repayment of that money. <br /> Appendix 1 to Loan Contract C150359 <br /> Page 1 of 4 <br />
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