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<br />. <br /> <br />. <br /> <br />FI:;1i ~REE" R8:5ERVOIR ENLARGMENT <br />PROPOSZD YINANCIAL PROGRAM <br /> <br />Total Projec~ Cost <br />Cash provindd by District <br />Total Amount to be Borrowed <br /> <br />COSTS <br /> <br />proposed loan from CWCB Construction Fu~d <br />20 year maturity 5% cnterest <br />Annual service char,?,,,, pr.incipal inteno,,;t <br /> <br />Loan from Small water Re!,;'Jurce Project.,; <br />Colorado Water Resot:;rc;es and Power <br />Development A~thvrity <br />20 year maturity 7% Interest <br />Annual servic>'! chaLge, principal dnd <br />interest <br /> <br />TOTAL DEBT SERVICE <br /> <br />REVENUES <br /> <br />The District recei,es from the City a <br />property tax reba':e based on 2.23 mills <br />of the assessed va~ uati:m of the <br />District which currentlj is $90,470,670. <br />Annual revenue from thi:; rebate is <br />$201,750. <br /> <br />We plan to apply :50,000 of this amount to <br />debt service. <br /> <br />The present District monthly water and <br />sewer rate for an Equiv31ent Residential <br />unit (ERU) is $16.00. Ttis rate, almost <br />the lowest in t.he ste.te, ~7e plan to <br />increase to $23.00 per Tl(,',th when we go <br />to metered service in 199:;. This will <br />generate an adJ.:tiollal <br /> <br />This plan will cov~r the debt service. <br /> <br />( <br /> <br />Attachment C <br /> <br />J. R. FETCHER <br />Revised 13 April, 1992 <br /> <br />6,000,000 <br /><1.500.000> <br />4,500,000 <br /> <br />2,250,000 <br /> <br />2,250,000 <br /> <br />150,000 <br /> <br />250.000 <br /> <br />180,540 <br /> <br />212.380 <br /> <br />392,920 <br /> <br />400,000 <br />