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IMPLEMENTATION AND FUND REQUIREEMENT SCHEDULE <br /> The expected fund requirement schedule for the Ephraim Ditch Diversion project, with an <br /> estimated project total cost of$202,478, is as follows: <br /> Task Target Completion Date <br /> Feasibility Study December 10, 2013 $ 5,000 <br /> Applicant Admin Match August 13, 2013 $ 2,000 <br /> WSRA Grant August 13, 2013 $ 74,000 <br /> CWCB Loan May 15, 2014 $100,000 <br /> CWCB Loan Fee May 15, 2014 $ 1,000 <br /> District Telemetry Match November, 2015 $ 5,478 <br /> NRCS const. drawings June 15, 2014 $ 15,000 <br /> TOTAL FUND REQUIREMENT $202,478 <br /> PROJECT IMPLEMENTATION SCHEDULE <br /> The overall project, combined with the other two diversion projects, all of which are included <br /> under the WSRA grant approved by the RIO Grande Basin Roundtable 8/13/13, is anticipated to <br /> take less than two years: <br /> Start Construction September 15, 2014 <br /> Complete Construction September 15, 2016 <br /> CALCULATED ANNUAL PAYMENTS BASED ON PRINCIPAL and INTEREST <br /> First Payment Year 2014 <br /> Principal Amount $101,000 <br /> Interest rate 1.75% <br /> Term 30 years <br /> Annual Payment Amount $ 4,356.11 <br /> Total Interest on Loan $29,683.16 <br /> 15 Prepared by the Conejos Water Conservancy District, P.O. Box 550, Manassa,CO 81141 <br /> Per contract: Nicole V.Langley,Transforma Research&Design(www.transformagrants.com) <br />