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C150251 Application
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C150251 Application
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Last modified
6/12/2014 4:27:41 PM
Creation date
3/31/2014 1:55:54 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C150251
Contractor Name
Montezuma Valley Irrigation Company
Contract Type
Loan
County
Montezuma
Loan Projects - Doc Type
Application
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CWCB Construction Fund Loan Application <br /> 6. Will the acquisition of additional water rights be necessary? YES NO <br /> If YES,please explain. <br /> 7. Please list the names, addresses and phone numbers of the Applicants' engineer(s) and <br /> attorney(s). <br /> NAME ADDRESS and PHONE <br /> Kelly McCabe 22 East Main Cortez Co . 81321 <br /> (970) 565-7209 <br /> Gerald W. Knudsen, P.E. 20156 Flint Lane <br /> Morrison, Colorado 80465 Telephone: 303-697-2123 <br /> 8. List any feasibility studies or other investigations that have been completed or are now in <br /> progress for the proposed project. Please submit one copy of each completed study with this <br /> application. Feasibility analysis included <br /> 9. Estimated cost of the project. Please include estimated engineering costs, and estimated <br /> construction costs, if known. <br /> Estimated Engineering Costs:$ $3 3 0 , 0 0 0 . 0 0 <br /> Estimated Construction Costs: $$ 5 , 4 9 0 , 0 0 0 . 0 0 <br /> Estimated Other Costs: $$ (land acquisition,water rights purchase,etc.) <br /> Estimated Total Costs: $5 , 820 , 0 0 0 . 0 0 <br /> 10. Loan amount and terms you are requesting. <br /> Requested Loan Amount: $ 5 , 2 4 0 , 0 0 0 . 0 0 (Usually 75-90%of Est.Total Costs) <br /> Term(length)of loan: 30 years (Usually 10,20,or 30 years) <br /> Interest Rate: 2.25% (Please call for our current rates) <br /> Part C.-Project Sponsor Financial Information <br /> Because the CWCB Construction Fund is a revolving fund, it is important that the project sponsor <br /> have the financial capacity to repay any loans made by the CWCB. The following information is <br /> needed to assist the CWCB in a preliminary assessment of the applicant's financial capacity. It is <br /> also requested that the project sponsor submit with this application, copies of the three most recent <br /> annual reports, financial statements, corporate reports or other current documentation of financial <br /> condition and operations. <br /> 3 <br />
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