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PROJ00084
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PROJ00084
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Last modified
11/19/2009 11:43:05 AM
Creation date
10/5/2006 11:35:10 PM
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Template:
Loan Projects
Contract/PO #
C150139
Contractor Name
Coal Creek
Contract Type
Loan
Water District
0
County
Fremont
Bill Number
MC3
Loan Projects - Doc Type
Feasibility Study
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<br />Institutional Considerations <br /> <br />The Town of Coal Creek has a legislative authorization to borrow $54,000,00 - <br />$67,500.00 from the CWCB Construction Fund, The loan from the CWCB is contingent <br />upon the successful negotiation of a contract between the CWCB and the Town, <br /> <br />The Town may need to pass a Resolution to contract for the loan, and to increase the <br />water rates to make the loan payments, <br /> <br />The Town's augmentation plan must be approved by the Water Court. <br /> <br />Opinion of Feasibility <br /> <br />The selected alternative is technically and financially feasible, There are many <br />significant issues, but none which should keep the Town from successfully completing <br />this project. <br /> <br />-5- <br />
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