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Project Summary — Cottonwood Water and Sanitation District <br /> Acting by and Through its Cottonwood Water Enterprise <br /> Contract No. C150408C <br /> SECTION 1 —BORROWER INFORMATION <br /> Name: Cottonwood Water and Sanitation District acting by and <br /> through its Cottonwood Water Enterprise <br /> Type of Entity: The Cottonwood 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. The <br /> Cottonwood Water Enterprise is operated and <br /> maintained pursuant to Article 45.1, Title 37, C.R.S. and <br /> was formed and is operated as an enterprise within the <br /> meaning of Colorado Const. Art. X, Section 20. <br /> Address: 2 Inverness Drive East, #200, Englewood, CO 80112 <br /> Contact: Patrick Mulhern, General Manager <br /> Phone Number: 303-649-9857 <br /> E-mail address: pat @mulhernmre.com <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 Phase 9 Infrastructure is defined as the "PROJECT". The Phase <br /> 1 Infrastructure project components included in this phase include a <br /> temporary direct connection to Aurora's distribution system to provide short- <br /> term deliveries, and modifications to the ECCV Western Pipeline necessary <br /> to make WISE water deliveries. Local components consist of several <br /> turnouts to be constructed to deliver water directly to WISE participants with <br /> systems adjacent to the pipeline. Additional pump stations will be <br /> constructed to deliver water to storage in Rueter-Hess Reservoir and convey <br /> water to participants located south of Rueter-Hess Reservoir. This phase <br /> includes two pump stations, and 45 miles of new pipelines varying between <br /> 8- and 42- inches in diameter. The District's total participation cost is <br /> estimated to be $4,960,000. The CWCB approved a total loan amount not to <br /> exceed $4,508,640, for the District's participation cost of WISE. The loan <br /> amount for this contract, for the Phase 1 Infrastructure is $2,636,100 which <br /> includes a one percent(1%) loan service fee of$26,100. <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 /> Appendix 1 to Loan Contract Cl 50408C <br /> Page 1 of 4 <br />