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<br />SUMMARY <br /> <br />LOAN APPLICATION REPORT <br />LONG DRAW RESERVOIR ENLARGEMENT PROJECT <br /> <br />LOCATION <br /> <br />Near the Continental Divide, 37 miles west of Fort Collins, Colorado at La <br />Poud re Pass. <br /> <br />ORGANIZATION <br /> <br />The Water Supply and Storage Company of Fort Collins, Colorado is a mutual <br />irrigation company incorporated on August 8, 1892 as a successor to the Larimer <br />County Ditch Company organized in 1880. It has authority to execute a contract <br />wi th the Un; tea States for repayment of the loan, and authori ty to assess such <br />charges necessary to repay the loan. The Company has a credit rating of Al++. <br /> <br />Assets November 30, 1967 <br /> <br />Total <br /> <br />$ 28,571.14 <br />227,018.92 <br />3,601,200.69 <br />1,314.83 <br /> <br />$3,858,105.58 <br /> <br />,'"Co <br /> <br />Cash, r~ceivables, and inventory <br />Investments <br />Fixed assets <br />Deferred charges <br /> <br />;,~, <br /> <br />Liabi lities November 30, 1967 <br /> <br />Notes, interest and accounts payable <br />Real estate mortgage <br /> <br />$ <br /> <br />26,618.77 <br />19,840.00 <br />46,,458.77 <br /> <br />Total <br /> <br />$ <br /> <br />PROPOSAL <br /> <br />Loan (50-year repayment) <br /> <br />$1,748,100 <br />1,410,300 <br />305,900 <br />31,900 <br /> <br />Total project cost <br /> <br />Grant <br /> <br />I <br />I, <br /> <br />Contribution <br />Preliminary investigation. <br />Final soils investigation <br />State engineer fee and water <br />fi 1 i ng <br />Loan application report <br />Application filing f~e <br /> <br />$11,000 <br />7,000 <br />400 <br /> <br />12,500 <br />1,000 <br />