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Project Summary — Center of Colorado Water Conservancy District — <br /> Contract No. C150335 <br /> SECTION 1 —BORROWER INFORMATION <br /> Name: Center of Colorado Water Conservancy District <br /> Address: P.O. Box 1747, Fairplay, CO 80440 <br /> Contact: Daniel J. Drucker, Operations Manager <br /> Phone Number: (719) 836-2330 Fax Number: (719) 836-2328 <br /> E-mail address: djdrucker@amigo.net <br /> Type of Entity: The Center of Colorado Wat c' District is a <br /> water conservancy district f r 1 and <br /> governed by Article Ile 37, • .•cated in <br /> Park County. The B c , - ` - - - • an elect on on <br /> September 5 2012, ,; ' , V p , • - <br /> increasing the BORROWER'S d- . b Ay 10 ' 10,000 to <br /> be used for the purpose of constructin• - .. Iter <br /> Pipeline Reservoir Enlargement Project, among other <br /> projects, as shown on the BORROWER'S Official Ballot <br /> and Official Election Results, which are incorporated <br /> herein by reference. <br /> Section 2— Project Description <br /> A. Description of PROJECT: The BORROWER applied to the CWCB for loan to be <br /> used for the construction of the Smelter Pipeline Reservoir Enlargerhent Project, <br /> located in Park County, hereinafter referred to as the PROJECT, at an estimated <br /> total cost of$565,800. <br /> B. Description of Feasibility Study: The CWCB has reviewed a feasibility study report <br /> on the PROJECT entitled "Loan Application to CWCB for Smelter Pipeline <br /> Reservoir Project," dated June 1, 2012, compiled by James W. Culic,ia and Tom <br /> Dea, which is incorporated herein by reference, and, based upon tine feasibility <br /> report, the CWCB determined the PROJECT to be technically and financially <br /> feasible. <br /> SECTION 3—CWCB's AUTHORITY <br /> Construction Fund: This loan is made pursuant to the provisions of §§ 37-60-119 <br /> and 37-60-120, C.R.S., which authorize the CWCB to loan money for water projects <br /> from the CWCB Construction Fund for the benefit of the people of the state, provided <br /> that the borrower assures repayment of that money. <br /> Section 37-60-122(1)(b), C.R.S., authorizes the CWCB to make loans of up to <br /> $10,000,000 from the CWCB's Construction Fund and the State Severance Tax Trust <br /> Fund Perpetual Base Account Fund without prior approval from the General <br /> Assembly. <br /> Appendix 1 to Loan Contract C150335 <br /> Page 1 of 4 <br />