C150243 PIF Documents

• Contract/PO #: C150243
• Contractor Name: Aurora, City of
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

BORROWER CITY OF AURORA, ACTING BY AND Agency Name: Water Conservation Board
THROUGH ITS UTILITY ENTERPRISE Agency Number PDA
Contract No. C150243 Routing Number 08 PDA iP O
Maximum Project Amount: $75,000,000
Loan Service Fee: one percent (1%) of
Funds Disbursed
Maximum Loan Amount: $75,750,000
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LOAN CONTRAC
THIS LOAN CONTRACT, made this November 20, 2bW . ( : s y and
between the State of Colorado for the use and benefit of the I - - .r • N al
Resources, Colorado Water Conservation Board ("CWCB" or "STATE"), a • • f
Aurora, acting by and through its Utility Enterprise, 15151 E. Alameda Parkway, Aur ,
Colorado 80012, a Colorado municipality ("BORROWER").
FACTUAL RECITALS
1. Authority exists in the law, and funds have been budgeted, appropriated and otherwise
made available and a sufficient unencumbered balance thereof remains available for
encumbering and subsequent payment of this Contract under: Contract Encumbrance
No. C150243, Fund Number 424, Appropriation Code L07, Organization YYYY, GBL
A243, Program WTRC, Object Code 5510, Reporting Category 0243.
2. Required approval, clearance, and coordination have been accomplished from and with
appropriate agencies.
3. Description of PROJECT: The BORROWER applied to the CWCB for a loan to be used
for the construction of a portion of the Prairie Waters Conveyance System,
hereinafter referred to as the PROJECT. The total cost of the Conveyance System is
estimated at $250,000,000, and includes three pumping stations and approximately
33 miles of pipeline. The CWCB will finance up to $75,000,000 of the PROJECT (the
Maximum Project Amount).
4. Description of Feasibility Study: The CWCB has reviewed a feasibility study report on
the PROJECT compiled by CH2M Hill and containing the Loan Application, which is
attached to the Loan Contract as Appendix 2 and incorporated herein by reference.
The information provided in the application was true when given and remains true in all
material respects unless otherwise noted. Based upon the representations made in the
feasibility study and loan application, the CWCB determined the PROJECT to be
technically and financially feasible.
5. CWCB's AUTHORITY: Construction Fund. This Loan is made pursuant to the provisions
of §§ 37-60-119 and 37-60-120, C.R.S., which authorize the CWCB to loan money for
water projects from the CWCB Construction Fund for the benefit of the people of the
state, provided that the borrower assures repayment of that money.
6. BOARD APPROVAL AND LEGISLATIVE AUTHORIZATION
Loan Contract C150243
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