Laserfiche WebLink
SECTION 5-SCHEDULE OF EXISTING DEBT <br /> As of the date of the CWCB loan approval, the BORROWER has the existing loans with <br /> the Colorado Water Conservation Board.All loans are in good standing. <br /> Lender Contract Original Current Annual Maturity Collateral <br /> No. Balance Balance Payment Date <br /> CWCB C153833 $500,000 $102,311 $36,889 2019 100% Interest in North <br /> Poudre Res#5 a Res#6 <br /> CWCB C150013 $623,778 $309,608 $46,061 2024 100% Interest in Fossil <br /> Creek Dam a Reservoir <br /> CWCB C153385 $1,331,704 $501,616 $77,612 2024 100% Interest in Fossil <br /> Creek Dam a Reservoir <br /> CWCB C153449 $1,152,909 $518,829 $67,192 2026 100% Interest in Fossil <br /> Creek Dam a Reservoir <br /> 100% Interest in North <br /> CWCB C150170 $735,280 $461,508 $50,572 2027 Poudre Res#1 (Miner's <br /> CWCB C153496 $404,502 $219,012 $23,574 2029 100% Interest in Fossil <br /> Creek Dam a Reservoir <br /> CWCB C153572 $340,551 $206,002 $19,847 2031 100% Interest in Fossil <br /> Creek Dam a Reservoir <br /> CWCB C153637 $1,761,096 $1,009,351 $64,378 2035 100% Interest in North <br /> Poudre Res#5 a Res#6 <br /> C150368 Fossil Creek Res Inlet <br /> CWCB CT2015*02 $ 876,680 $ 763,539 $ 44,220 2043 Diversion Structure, <br /> 4 Assessments <br /> C150378 100% Interest in Reservoir <br /> CWCB CT2015*03 $ 2,263,410 $ 1,795,752 $ 105,989 2044 #4 Dam a Res, <br /> Assessments <br /> SECTION 6-LOAN SECURITY <br /> The SECURITY for this loan, as evidenced by the executed SECURITY AGREEMENT <br /> (APPENDIX 5) and incorporated herein, shall be: (i) an irrevocable (but not exclusive) <br /> pledge to the CWCB of the PLEDGED REVENUES in such amount as is necessary to <br /> make each annual payment due under this LOAN CONTRACT, (ii) an assessment <br /> covenant; and (iii) annual financial reporting and(iv) an undivided one hundred <br /> percent (ioo%) interest in Reservoir No. 4(the Dam and Reservoir) as more <br /> particularly described in the attached DEED OF TRUST(APPENDIX 6),incorporated <br /> herein, and in accordance with CWCB Policy No. 5. <br /> Appendix i <br /> Page 2 of 4 <br />