C153664 Engineering report

• Contract/PO #: C153664
• Contractor Name: Fort Lupton, City of & Fort Lupton Water Utility Enterprise
• Contract Type: Loan
• Water District: 1
• County: Weld
• Bill Number: HB 93-1273
• Loan Projects - Doc Type: Feasibility Study

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Notas to Tabla 1.
(a) Represents sales tax revenues dedicated to water utility improvements.
(b) Represents additional property tax revenues expected to be received after Thermo Carbonlcs be9ins operations in 1994.
Voter approval must be received in November 1993 before these property tax revenues can be used for water utility
purposes.
(c) Available funds invest9d at an annual earnings rate of 3.00 percent
(d) See Table 1-4.
(9) See Chapter 3 for a detailed explanation of existing debt.
(f) Future revenue bond service is based on a 20 year repayment term and a 5.5% interest rate. See Table 6.4 for issue
amounts.
lorado Water ConseNation Board Loan debt service is based on a 40 year repayment term and a 2% interest rate. Debt
repayment is assumed to not begin until 1997, with interest during construction of $195138 accruing on the original principal
loan amount of $4.028 million from January 1994 through December 1996.
(h) FmHA Loan debt service is based on a 40 year repayment teon and a 5.25% interest rate. Debt repayment is assumed to
not begin until 1997, with interest during construction of $1.1 million accruing on the origninal principal loan amount of $10.4
million from April 1994 through December 1996.
(i) Represents revenues used to cash finance capital improvement projects.
m Represents interest eamings on revenue bond debt service reserve.
(k) Equals the greater of 90 days of O&M or 10% of annual debt service requirements.
(I) Equal to acumulated year-end principal and interest requirements for the next payment due on existing outstanding debt.
(m) Line 30 minus Line 31 minus line 32.
(n) Total revenue less O&M expense. divided by annual debt service.

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