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03000000091 Application
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03000000091 Application
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Last modified
4/3/2014 10:37:44 AM
Creation date
4/3/2014 10:37:43 AM
Metadata
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Template:
Loan Projects
Contract/PO #
03000000091
Contractor Name
Farmers Independant Ditch Company
Contract Type
Grant
Loan Projects - Doc Type
Application
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CWCB Construction Fund Loan Application <br /> If YES, please explain. <br /> 7. Please list the names and addresses of the Applicants' engineer(s) and attorney(s). <br /> NAME ADDRESS and PHONE <br /> Surveyor. Unknown at this time <br /> Forrest Leaf , PE 1 401 41st Avenue , Gree1 ev , Co1 orndn R06 14 <br /> Kim Lawrenae/ Andy Jones 1011 11th Avenue - Greeley . Cnlcrado 80631 <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. Surveyor will complete survey from beginning to end <br /> during Fall of 2002 . <br /> 9. Estimated cost of the project. Please include estimated engineering costs, and estimated <br /> construction costs, if known. <br /> Estimated Engineering Costs: $ 400,000.00 <br /> Estimated Land Cost : 800.000.00 <br /> Estimated Construction Costs: $ 1 ,000,000_00 <br /> Estimated Total Costs: $ 2 , 200 ;000.00 <br /> 10. Loan amount and terms you are requesting. <br /> Requested Loan Amount: $ 2 ,000,000 (90%) (Usually 75%of Estimated Total Costs) <br /> Term (length) of loan: 30 years (Usually 10,20,or 30 years) <br /> Interest Rate: 2 , 75 % (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 two most recent <br /> annual reports, financial statements, corporate reports or other current documentation of <br /> financial condition and operations. <br /> 1. List any existing liability or indebtedness that exceeds one thousand dollars. For example, bank <br /> loans, government agency loans, bond issues, accounts payable, etc. Include names and <br /> addresses of lenders, amounts, due dates and maturity dates. Attach a separate schedule, if <br /> needed. <br /> 3 <br />
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