C153321 Feasibility Study

• Contract/PO #: C153321
• Contractor Name: Ridgway, Town of
• Contract Type: Loan
• Water District: 60
• County: Ouray
• Bill Number: SB 78-69
• Loan Projects - Doc Type: Feasibility Study

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ALTERNATE HI:

Total Estimated Cost of Project

$651,870.20

Funding:

Loan
Loan -,
Grant -

Colorado Water Conservation Board
Farmers Home Administration
Four Corners Regional Commission &
Farmers Home Administration

$175,000.00 (3% for 40 years)
128,837.64 (5% for 40 years)

348,032.56
$651,870.20

Annual Repayment:

Colorado Water Conservation Board
Farmers Home Administration
Operation-& Maintenance

$ 7,570.50
7,570.50
15,000.00
$ 30,141.00

,

Reserve Fund - 10% (Emergency)

3,014.10 (in effect for first 10 years)
$ 33,155.10

Average annual repayment per residence (200STE)

First 10 years

$165.78/year or $13.82/month

Thereafter

$150.71/year or $12.56/month

Rate Schedule

Residential

Commercial

First 3,000'gal;
Next 3,000 gal.
Next 6,000 gal.

$8.00
$2.00/1,000
$1. 50/1 ,000

$12.00
$2.00/1,000
$2.25/1,000

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Average use equals 6,000 gallons per month

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