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<br />3 <br /> <br />DECLARATIONS <br />CLIENT INFORMATION <br />Legal Name: Kittitas County <br />Loan Number: PC23-96103-132 <br /> <br /> <br />PROJECT INFORMATION <br /> <br />Project Title: Ellensburg Transfer Station <br />Project City: Ellensburg <br />Project State: Washington <br />Project Zip Code: 98926 <br /> <br /> <br />LOAN INFORMATION <br /> <br />Loan Amount: $10,000,000.00 <br />Total Estimated Cost: $19,117,450.00 <br />Total Estimated Project Funding: $10,000,000.00 <br />Loan Forgiveness % (if applicable): % <br />Loan Term: 20 Years <br />Interest Rate: 1.39% <br />Payment Month: June 1st <br />Loan Reimbursement Start Date: November 5, 2022 <br />Time of Performance 60 months from Execution Date of this Contract to Project <br />Completion. <br /> <br />SPECIAL TERMS AND CONDITIONS GOVERNING THIS LOAN AGREEMENT <br /> <br /> <br /> <br /> <br />LOAN SECURITY CONDITION GOVERNING THIS LOAN AGREEMENT <br /> <br />This loan is a revenue obligation of the CONTRACTOR payable solely from the net revenue of the Solid Waste Utility <br />system. Payments shall be made from the net revenue of the utility after the payment of the principal and inter est on any <br />revenue bonds, notes, warrants or other obligations of the utility having a lien on that net revenue. As used here, “net <br />revenue” means gross revenue minus expenses of maintenance and operations. The BOARD grants the CONTRACTOR <br />the right to issue future bonds and notes that constitute a lien and charge on net revenue superior to the lien and charge <br />of this loan agreement. <br /> <br /> <br />SCOPE OF WORK <br /> <br />The project costs may include but are not limited to: engineering, cultural and historical resources, env ironmental <br />documentation, review, permits, public involvement, bid documents and construction. The project needs to meet all <br />applicable Local, State, and/or Federal standards. <br /> <br /> <br /> <br /> <br />DocuSign Envelope ID: 221BB7AE-8D32-45F2-81A8-FA7F96A71710