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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />F. Financial Plan: <br /> <br />1. Sources of financing for the project consist of a loan in amount of $266,250 from the <br />CWCB, and $127,000 cash on hand from the Town of New Castle. <br /> <br />2. Existing and future indebtedness during th~ 30 year period of the CWCB debt <br />retirement consist of the following: <br /> <br />a Colorado Dept. of Local AfFairs, water system, $60,000, matures in 2004. <br /> <br />b. Colorado National Bank of Glenwood Springs, streets, $17,000, matures in 2000. <br /> <br />c. Future capital expenditures (next S years) are as follows: <br /> <br />Proiect <br /> <br />Estimated Expenditure <br /> <br />Source <br /> <br />~ Water Metering <br />Program, 1996 <br /> <br />$55,000 <br /> <br />Dept. of Local Affairs <br />grant and loan, self <br /> <br />Sewer Plant, 1996 <br />Upgrades <br /> <br />-X- Water PIant, 1997 <br />Upgrades <br /> <br />Dept. of Local Affairs <br />grant and loan, self <br /> <br />$420,000 <br /> <br />$486,400 <br /> <br />Dept. of Local Affairs <br />grant and loan, self <br /> <br />Replace Sewer trunk <br />line from Town to <br />WWTF, 1997 <br /> <br />Dept. of Local AfFairs <br />grailt and load, self <br /> <br />$127,000 <br /> <br />/O~, 1/00 <br />I <br />3. O,M & R costs for the existing raw water system are $1,000 per year. O,M, & R costs <br />for the proposed system are $1,000 per year. <br /> <br />t} 'l)IJiJZ. <br />~ Mn1( Prt>.3E-CZ3 77)nrt.. ~ $t/ 1.1 L;oo <br />A/E-kr s: v€AeS <br />