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Emergency Loan Application and Feasibility Study [LEFT HAND DITCH COMPANY] Page | 18 <br /> <br /> <br />Williamson Ditch <br />• Replace or repair headgate wheel. <br />• Remove sediment from secondary headgate wheel well. <br />• Ensure measuring device operates to State Engineer’s Office Standards. <br />• Stabilize Left Hand Creek surrounding the diversion dam. <br />• Evaluate and install possible flood mitigation measures to prevent future damage. <br />• Evaluate and install possible fish passage structures to enhance the ability of fish to move <br />through the structure. <br /> <br />Gold Lake Filler Ditch <br />• Repair ditch breaches. <br /> <br /> <br />Cost Estimate <br /> <br />The Project cost estimate, provided by Smith Geotechnical Engineering, Inc., is $$3,243,618.13 <br />and is further broken down as follows: <br /> <br />Task Cost <br />Design $442,000.00 <br />Permitting $22,000.00 <br />Construction $2,100,125.00 <br />Other (includes bonding, <br />mobilization) $166,668.13 <br />Contingency $512,825.00 <br />Total $3,243,618.13 <br /> <br />A detailed Engineer’s Cost Estimate prepared by Smith Geotechnical Engineering, Inc. is <br />attached as Appendix E. <br />The Left Hand Ditch Company is applying for a loan not to exceed $3,243,618.13. <br /> <br />Financial Analysis <br /> <br />The Left Hand Ditch Company has $1,541,184 in existing debt as summarized below: <br /> <br />Lender Contract <br /># <br />Original <br />Balance <br />Current <br />Balance <br />Annual <br />Payment <br />Maturity <br />Date Collateral <br />CWCB <br />C153804 $560,000 $384,027 $33,875 <br /> <br />June 1, <br />2029 <br />Left Hand <br />Valley Dams