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<br />. <br /> <br />. <br /> <br />CWCR Construction Fund Loan Application <br />Revised January 31, 1994 <br /> <br />9. What is the estimated cost of the project? Please include estimated Engineering costs, <br />and estimated Construction costs, if known: <br />Estimated Engineering Costs: $ 37,500 <br />Estimated Construction Costs: $ 336,500 <br />Estimated Total Costs: $ 374,000 <br /> <br />10. What loan amount and te1lJlS are you requesting?: . <br /> <br />Requested Loan Amount: . $ 280,500 <br /> <br />. Term (length) of loan: 20 years <br /> <br />Interest Rate: * 4.25 % *The Town of Lyons is very <br /> <br />close to the applicable median household income for low/moderate purposes. and therefore <br />requests a 4.5% rate less .25% for a 20, rather than 30 year financing. <br />Part C. - Project Sponsor Financial'Infonnation. <br /> <br /><' '-.. <br /> <br />Because the cwCBConstructi,onJ<!IJ!d isareyolving fund, it is important that thepr~iect <br />sponso~ have the fin3JI~jalcaP!lcityJ(Lr~paYa.nylga.nsmadebythe CWCB. The following <br />information is requested to assist theCWCB in a preliminary assessment of the applicant's <br />financial capacity. It is also requested that the project. sponsor submit with tl).is applicalion <br />copies of the two most recent annual. reports, financial statements, corporate reports or other <br />current documentation of financial condition and operations. <br /> <br />1. List any existing liability or indebtedness which exceeds one-thousand dollars. For <br />example, bank loans, govemmeiit agency loans, bond issues, accounts payable, etc. <br />Include names and addresses of lenders, amounts, due dates and maturity dates. (You <br />may attach a separate schedule if you wish): <br />Lender Total Due MalllIity <br /> <br />Name! Address <br /> <br />Amount <br /> <br />Dates DatI, <br /> <br />see attached <br /> <br />4 <br />