C150373 Feasibility Study

• Contract/PO #: CT2015-035
• Contract/PO #: C150373
• Contractor Name: Big Thompson and Platte River Ditch Company
• Contract Type: Loan
• Water District: 4
• County: Larimer
• Loan Projects - Doc Type: Feasibility Study

Emergency Loan Application and Feasibility Study BTPR Ditch Co.
for additional flows if in the future an entity in our delivery system would require additional
water.
Cost Estimate
The Project cost estimate, provided by Doug Seely, PE is $800,000 and is further broken down
as follows:
Task
Cost
Current
Balance
$40,000
-Design
0
-Permitting
Construction
$640,000
Other
0
Contingency
$120,000
Total
$800,000
BTPR Ditch Co is applying for a loan not to exceed $800,000
(Note: Depending on project scope, this may need to be an Engineer's Estimate of Probable Cost
or a contractor's estimate. We understand damage assessments may still be ongoing and some of
these cost will be rough estimates. Depending on project scope, a more detailed cost analysis
may be required prior to contracting.)
Financial Analysis
The BTPR Ditch has $9,267.01 in existing debt as summarized below:
Lender
Original
Balance
Current
Balance
Annual
Payment
Maturity
Date
Collateral
Kielian Const. Co.
$37,112.00
$9,267.01
$10,000.00
06 -31-
2014
Unsecured
The BTPR Ditch Co. sources of income include:
Note: Be sure to attach
• Two years of financial statements (required)
• Shareholder list (showing owner name, # of shares owned, and identify each owner as
agricultural or municipal)
• Articles of IncorporationBy -laws
Schedule
Construction of the Project is expected to commence January, 2014. Project completion is
estimated to occur by May 2014. Any delay beyond this time frame will result in crop losses for