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CT2015-110 Contract
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CT2015-110 Contract
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Last modified
11/6/2014 12:50:40 PM
Creation date
10/28/2014 3:17:19 PM
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Loan Projects
Contract/PO #
CT2015-110
Contractor Name
Parker Water and Sanitation District
Contract Type
Loan
Water District
8
County
Douglas
Arapahoe
Loan Projects - Doc Type
Contract Documents
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Project Summary — Parker Water and Sanitation District <br /> Acting by and Through its Water Activity Enterprise <br /> Contract No. C150410D <br /> SECTION 1 —BORROWER INFORMATION <br /> Name: Parker Water and Sanitation District acting by and <br /> through its Water Activity Enterprise <br /> Type of Entity: The Parker Water and Sanitation District is <br /> a Colorado Title 32 Special District formed pursuant to <br /> and governed by Title 32, Article 1, C.R.S. <br /> Address: 19801 East Mainstreet, Parker, CO 80138 <br /> Contact: Ron Redd, District Manager <br /> Phone Number: 303-841-4627 <br /> E-mail address: rredd @pwsd.org <br /> SECTION 2—PROJECT DESCRIPTION <br /> A. Description of PROJECT: This loan contract, to be used for the District's <br /> participation in the Water Infrastructure and Supply Efficiency Project (WISE) <br /> to reduce the District's dependence on non-renewable water sources, and <br /> specific to the DIA Connection is defined as the "PROJECT". The DIA <br /> Connection project component, a 24-inch 6 mile pipeline interconnection <br /> between Denver Water's treated distribution system near DIA and Aurora's <br /> Prairie Waters pipeline, will provide blend water deliveries for the WISE <br /> Authority members. Denver Water will own and operate the DIA Connection. <br /> The District's total participation cost is estimated to be $17,310,000. The <br /> CWCB approved a total loan amount not to exceed $15,734,790, for the <br /> District's participation cost of WISE, the loan amount for this contract, for the <br /> DIA Connection, is $1,099,890 which includes a one percent (1%) loan service <br /> fee of$10,890. <br /> B. Description of Feasibility Study: The CWCB has reviewed a feasibility study <br /> report dated October 23, 2013 on the PROJECT, titled "Water Infrastructure and <br /> Supply Efficiency Project Loan Feasibility Study,"which was prepared by <br /> Black &Veatch, on behalf of the WISE Authority. This study includes an <br /> alternative analysis, conceptual design descriptions, exhibits, cost estimates, <br /> and financial statements audited by Clifton Gunderson LLP. Additional <br /> clarification and information was provided by Eric Hecox and Rick Marsicek, <br /> P.E. of South Metro Water Supply Authority. Based upon the feasibility report, <br /> the CWCB determined the PROJECT to be technically and financially feasible. <br /> SECTION 3—CWCB's AUTHORITY <br /> Construction Fund: This loan is made pursuant to the provisions of§§ 37-60-119 <br /> and 37-60-120, C.R.S., which authorize the CWCB to loan money for water projects <br /> Appendix 1 to Loan Contract C150410D <br /> Page 1 of 4 <br />
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