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CWCB Water Project Loan Application <br /> 7. Please list the names, addresses and phone numbers of the Applicants' engineer(s) and <br /> attorney(s). <br /> NAME ADDRESS and PHONE <br /> Mike Green, City Attorney 210 East Main Street 970-565-6362 <br /> Ken Torres,City Engineer 110 West Progress Circle 970-565-8356 <br /> 8. List any feasibility studies or other investigations that have been completed or are now in <br /> progress for the proposed project.If so,submit one copy of the study with this application <br /> See Attachment <br /> 9. Estimated cost of the project. Please include estimated engineering costs, and estimated <br /> construction costs,if known. <br /> Estimated Engineering Costs:$ $ -0- <br /> Estimated Construction Costs: $ 1,200, 000 <br /> Estimated Other Costs: $ -0- (lard,water rights purchaseetc.) <br /> Estimated Total Costs: $ 1, 200, 000 <br /> 10. Loan amount and terms you are requesting. <br /> Requested Loan Amount: $850,000 (usually 90%ofest.Total Costs) <br /> Term(length)of loan: 10 years (usually 10,20,or 30 years) <br /> Interest Rate: 2.25 % (Please call for our current rates) <br /> Part C.-Project Sponsor Financial Information <br /> Because the CWCB's Fund is a revolving fund, it is important that the project sponsor have the <br /> financial capacity to repay any loans made by the CWCB. The following information is needed to <br /> assist the CWCB in a preliminary assessment of the applicant's financial capacity. The project <br /> sponsor will submit the three most recent annual financial statements. <br /> 1. List any existing long-term liability (multi-year) or indebtedness that exceeds one thousand <br /> dollars.For example, bank loans,government agency loans,bond issues,accounts payable,etc. <br /> Include names and addresses of lenders,amounts,due dates and maturity dates. <br /> 3 <br />