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C150402 CT2015-090 Feasibility Study
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C150402 CT2015-090 Feasibility Study
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Last modified
1/23/2015 3:21:35 PM
Creation date
5/29/2014 11:41:37 AM
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Loan Projects
Contract/PO #
CT2015-090
C150402
Contractor Name
Ephraim Ditch Company
Contract Type
Loan
County
Rio Grande
Loan Projects - Doc Type
Feasibility Study
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AMORTIZATION SCHEDULE—FUNDING SUMMARY <br /> $202,478 Total Project <br /> $ 74,000 Potential WSRA grant(Basin approved 8/13/13) <br /> $100,000 CWCB Loan (90%of total is maximum) <br /> $ 1,000 CWCB Loan Service Fee <br /> $101,000 Total w/ Loan Service <br /> Borrower Name [Ephraim Ditch Company <br /> Project Name [Diversion Structure Project j <br /> Loan Amount j $101,000 <br /> Loan Type(Ag.Low,Med,High,Corn) lAg <br /> Interest Rate(30-year term) 1 1,75°'61 <br /> Results <br /> Annual Total Loan <br /> Loan Interest Loan Loan Reserve Obligation 1st <br /> Term Rate Payment Payout Requirement 10 yrs <br /> 10 1.25% $10,807 $108,073 $1,081 $11,888 <br /> 15 1.50% $7,569 $113,541 $757 $8,326 <br /> 20 1.50% $5,883 $117,656 $588 $6.471 <br /> 25 1.75% $5,023 $125,567 $502 $5,525 <br /> _ 30 1.75% $4,356_ $130,683 _ $436 $4,792 <br /> Interest Rate for 10, 15&20-yr loan is automatically reduced <br /> Number of shares 50,000 <br /> Annual loan obligatioi/share $0.10 <br /> 14 Prepared by the Conejos Water Conservancy District, P.O. Box 550, Manassa, CO 81141 r.Fa 9 <br /> Per contract: Nicole V.Langley,Transforma Research&Design(www.transformagrants.com) <br />
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