CT2016-2048 Contract

• Contract/PO #: CT2016-2048
• Contractor Name: Center of Colorado Water Conservancy District
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

Project Summary — Center of Colorado Water Conservancy District
Contract Number CT2016-2048 (C150406B)
SECTION 1 —BORROWER INFORMATION
Name: Center of Colorado Water Conservancy District
Type of Entity: A Colorado Title 37 Water Conservancy District
Address: 548 Front Street, Fairplay, Colorado, 80440
Contact: James Culichia
Phone Number: 719-471-1212
E-mail address: jwc @fmcwater.com
SECTION 2—PROJECT DESCRIPTION
A. Description of PROJECT: the District's participation in the Chatfield
Reallocation Project, specific to Chatfield Reallocation Project, for
engineering, recreation facilities construction, on-site mitigation, off-site
mitigation, and mitigation monitoring as defined in the Agreement Between the
Department of the Army and the Colorado Department of Natural Resources
for Reallocation of Water Storage Space, Recreation Modifications, and
Compensatory Mitigation Features at the Chatfield Darn and Reservoir,
Colorado dated October 9, 2014, incorporated herein by reference, is defined
as the "PROJECT". This is part of a multi-year and multi-phased project. The
total loan amount, for this CONTRACT, for these Project activities is $511,363,
which includes a loan one percent (1%) loan service fee of $5,063 at an
interest rate of 2.50% for 15 years; and
B. Description of Feasibility Study: The CWCB has reviewed a feasibility study
report dated March 13, 2014 on the PROJECT, titled "Loan Feasibility Report-
Chatfield Reservoir Reallocation,"which was prepared by James Culichia,
Attorney for the District and includes an alternative analysis, cost estimates,
and financial statements. The feasibility study relies on the FR/EIS prepared
by the Corps, and the Fish, Wildlife and Recreation Mitigation Plan
(FWRMP) prepared by the Reallocation Participants in accordance with
C.R.S. 37-60-122.2. Based upon the feasibility report, incorporated herein by
reference, the CWCB determined the PROJECT to be technically and
financially feasible.
SECTION 3—CWCB's AUTHORITY
Severance Tax Perpetual Base Fund: This loan is made pursuant to the provisions of
§§ 39-29-109(1)(a)(I), 37-60-119 and 37-60-120, C.R.S., which authorize the CWCB to
loan money for water projects from the Severance Tax Perpetual Base Fund for the
benefit of the people of the state, provided that the BORROWER assures repayment of that
money.
Appendix 1
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