C150313 Feasibility Study - Laserfiche WebLink

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CWCB Water Project Loan Application 4 $9,990,000. This loan will be drawn down in two phases to match the activity in #9 above. Phase I: Requested Loan Amount: $ 1,606,000 Term (length) of loan: 20 years Interest Rate: 4.00% Phase II: Requested Loan Amount: $ 8,384,000 Term (length) of loan: 20 years Interest Rate: 4.00% Part C. - Project Sponsor Financial Information Because the CWCB’s Fund is a revolving fund, it is important that the project sponsor have the financial capacity to repay any loans made by the CWCB. The following information is needed to assist the CWCB in a preliminary assessment of the applicant's financial capacity. The project sponsor will submit the three most recent annual financial statements. 1. List any existing long-term liability (multi-year) or indebtedness that exceeds one thousand dollars. For example, bank loans, government agency loans, bond issues, accounts payable, etc. Include names and addresses of lenders, amounts, due dates and maturity dates. Remaining Annual Maturity Lender Name & Address Amount Payment Date NONE (except amounts owed to a majority shareholder) 2. Are 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. 3. Please provide a brief narrative description of sources of funding, in addition to the CWCB, which have been explored for this project (Examples would be Banks, USDA Rural Development, NRCS, Colorado Water Resources and Power Development Authority, Colorado Division of Local Government, etc.). USDA B&I loan 4. What collateral will you be offering for this loan? Possibilities include a pledge of revenues, the project itself, real estate, water rights. First security on Cucharas Dam and Reservoir, certain real estate, water rights, future