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Emergency Loan Application and Feasibility Study North Poudre Irrigation Co., Inc. Page 6 of 7 Financial Analysis The North Poudre Irrigation Co. Inc. has $4,279,624 in existing debt as summarized below: Lender Original Balance Current Balance Annual Payment Maturity Date Collateral CWCB $728,895 $687,883 $43,225 5/1/2024 Fossil Creek Res. Dam CWCB $697,414 $665,095 $33,935 5/1/2026 Res. No. 15 Dam CWCB $273,664 $263,773 $10,385 5/1/1985 Clark Lake Dam CWCB $247,334 $239,854 $7,854 6/15/2031 Res. No. 2 Dam CWCB $1,217,644 $1,177,619 $40,826 5/1/2035 Res. No.’s 5 and 6 Dams CWCB $248,055 $221,163 $27,976 8/31/2019 Res. No. 6 Outlet CWCB $458,813 $431,288 $28,637 5/1/2024 Indian Creek Res. CWCB $623,264 $592,949 $31,301 2/1/2027 Miners Lake Res. The North Poudre Irrigation Company’s sources of income include: Recreational Leases: $66,000 annually Notes Payable (Haligan Res): $188,000 annually Assessments (10,000 shares @ $120/share): $1,200,000 annually Additional Financial Analysis: CWCB September 2013 Interest Rate Calculations. % ownership Interest Rate Blended Rate Total number of shares: 10,000 Commercial 10 0.10% 6.00% 0.01% Low income municipal 115.5 1.16% 2.25% 0.03% Middle income municipal 5742.75 57.43% 2.75% 1.58% High income municipal 409.5 4.10% 3.00% 0.12% Ag 3,722 37.22% 1.75% 0.65% Blended Interest Rate (30 year term) 2.39% Blended Interest Rate (Rounded) 2.35% Loan Cost Analysis: Loan Amount (100% of Project Cost) $ 477,000.00 CWCB Loan Payment Amount (27 Year Payback) $ 24,060.24 Number of Share Holders $ 697.00 Number of Shares of Stock $ 10,000.00 Current Assessments per Share $ 120.00 Future Assessments per Share $ 122.41 Annual Cost Per Acre Foot (Avg Annual Delivery: 4.4 AF) $ 0.55