CT2016-1007 Feasibility Study

• Contract/PO #: CT2016-1007
• Contractor Name: Las Animas Consolidated Canal Company
• Contract Type: Loan
• County: Bent
• Loan Projects - Doc Type: Feasibility Study

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TABLE OF CONTENTS
TABLE OF CONTENTS
LIST OF TABLES ii
LIST OF FIGURES ii
LIST OF APPENDICES ii
PROJECT TEAM iii
ACKNOWLEDGEMENTS iv
1.0 INTRODUCTION—BACKGROUND 1
1.1. Purpose 1
1.2. Study Area Description 3
1.3. Previous Studies 5
2.0 PROJECT SPONSOR 5
2.1. Corporate Structure 5
2.2. Board of Directors 5
2.3. Current Shareholders 6
2.4. Organizational History 6
2.5. Financial Status 6
2.6. Revenue Sources 8
2.7. Physical Assets 8
3.0 WATER RIGHTS 8
3.1. Water Rights 8
3.2. Water Diversions 8
4.0 PROJECT DESCRIPTION AND ALTERNATIVES ANALYSIS 9
4.1. Analysis of Alternatives 10
4.2. Alternative Comparison 15
4.3. Preferred Alternative 15
4.4. Implementation Schedule 15
5.0 SOCIAL, ECONOMIC, AND PHYSICAL IMPACTS 16
6.0 INSTITUTIONAL FEASIBILITY 17
6.1. State Engineer Approval 17
6.2. Permitting 17
7.0 FINANCIAL FEASIBILITY ANALYSIS 18
7.1. Loan Amount and Financing Sources 18
7.2. Financial Projections 18
7.3. Collateral 18
7.4. Creditworthiness 18
8.0 CONCLUSION AND RECOMMENDATION 19
September 2014 Draft
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