PROJC01503

• Contract/PO #: C153829
• Contractor Name: Eagle Park Reservoir Company
• Contract Type: Loan
• Water District: 37
• County: Eagle
• Bill Number: SB 96-153
• Loan Projects - Doc Type: Application

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(c) Vail Valley Consolidated Water District revenues: 7
l22l l221 -f'/ e
\Vater Enterprise Fund: t/~ I'
(tap fees. water service fees.
laxes. investment income.
transfers. other) S 1.575.659 S 2.255.314
General Government Fund:
(property taxes and transfers) 551.909 471.269
Dcbt Service Fund:
(tap fees. property taxes.
ownership taxes. investment
income. other) 458.059 482.935
Total Revenues S 2.585.627 S 3.209.518
(d) Vail Associates. Inc. revenues:

Gross revenues exceed S 1 00 million per year in both 1993 and 1994; gross
revenues include revenues from lin tickets. ski school. hospitality. food
service and other operations.

4.

Please provide a brief narrative description of potential sources of funding (in
addition fo the C\\'CB) which have been explored or which will be explored
for the proposed project. Othcr sources of outside borrowing have not been
explored thus far. Howc\'cr. based on the experience of the Clinton Reservoir
transaction. given the mix of public and private entities. other sources offunding
arc not readil)' available.

5.

\Vhat collateral will )'OU be offering for this loan? Shares of stock in thc ditch
and reservoir company to be formcd. We propose that the structure of the
collateral and loan documentation be similar to the Clinton Rcservoir transaction
with the Conservation Board,

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