CT2016-2055 Contract

• Contract/PO #: CT2016-2055
• Contractor Name: Centennial Water and Sanitation District
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

Project Summary — Centennial Water and Sanitation District
Contract Number CT2016-2055 (C150405B)
SECTION 1 —BORROWER INFORMATION
Name: Centennial Water and Sanitation District
Type of Entity: A Colorado Title 32 Special District
Address: 62 West Plaza Drive, Highlands Ranch, CO 80129
Contact: Bruce Lebsack
Phone Number: 303-791-0430
E-mail address: blebsack @highlandranch.org
SECTION 2—PROJECT DESCRIPTION
A. Description of PROJECT: This CONTRACT is to be used for 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 Dam and Reservoir, Colorado
dated October 9, 2014, incorporated herein by reference, is defined as the
"PROJECT". The District's total participation cost is estimated to be $48,888,000. On
May 22, 2014 the CWCB approved a total loan amount not to exceed $44,440,000
for the District's participation cost of the Chatfield Reallocation Project. This is part
of a multi-year and multi-phased project. The total loan amount, for this CONTRACT,
for these Project activities is $28,527,450, which includes a loan one percent (1%)
loan service fee of$282,450 at an interest rate of 3.00% for 30 years.
B. Description of Feasibility Study: The CWCB has reviewed a feasibility study report
dated August 2013 on the PROJECT, titled "CWSD Participation in the Chatfield
Reservoir Reallocation Project,"which was prepared by Ryan Edwards, P.E.
District Project Manager with support from Bruce Lebsack, District Finance
Director, and Rick McLoud, District of Water Resources Manager 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
Appendix 1
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