My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
CT2017-914 Approval Letter
CWCB
>
Loan Projects
>
DayForward
>
5001-6000
>
CT2017-914 Approval Letter
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/13/2016 8:25:16 AM
Creation date
5/23/2016 2:01:09 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
CT2017-914
Contractor Name
Dixon Canon Ditch and Reservoir Company
Contract Type
Loan
Loan Projects - Doc Type
Approval Letter
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
6
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
Dixon Canon Ditch and Reservoir Company Agenda Item 21a <br /> May 18-19, 2016 Board Meeting(Updated May 20, 2016) <br /> Page 4 of 4 <br /> TABLE 4: FINANCIAL RATIOS <br /> Financial Ratio Past Years Future <br /> w/ Project <br /> Operating Ratio (revenues/expenses) 411% 101% <br /> weak: <100%1- average: 100% - 120%1- strong: >1201 (Strong) (Average) <br /> $14.8/$3.6K $18.6K/$18.4K <br /> Debt Service Coverage Ratio 101% <br /> (revenues-expenses)/debt service N/A (Average) <br /> weak: <100% - average: 100% - 120%1- strong: >120% ($18.6K-$3.6K) <br /> $14.9K <br /> Cash Reserves to Current Expenses 2097%* 242% <br /> weak: <50% - average: 50% - 100% - strong: >100% (Strong) (Strong) <br /> $75.5K/$3.6K $44.6K/$18.4 <br /> Annual Operating Cost per Acre-Foot (312AF) $11.54 $58.97 <br /> (weak: >$20] - average: $10 - $201- strong: <$10 (Average) (Weak) <br /> $3.6K/312 AF $18.4K/312 AF <br /> *Company has built up reserves over past years in anticipation of the Project. <br /> Collateral: Security for this loan will be a pledge of assessment revenues backed by an assessment <br /> covenant and the Project itself (the Dixon Reservoir Dam). This is in compliance with the CWCB <br /> Financial Policy#5 (Collateral). <br /> cc: Doug Kokes and Paul Rupp, Dixon Canon Ditch and Reservoir Company <br /> Susan Schneider/Jennifer Mete, Colorado Attorney General's Office <br /> Attachment: Project Data Sheet <br />
The URL can be used to link to this page
Your browser does not support the video tag.