Laserfiche WebLink
<br />. <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br /> <br />721 Stale Centennial Building <br />1313 Sherman Street <br />Denver. Colnrado 80203 <br />Phone (303) 866-3441 <br />FAX (303) 8664474 <br /> <br />December 11, 1995 <br /> <br />STAT~F COLORADO <br /> <br />- <br /> <br />Roy Romer <br />Governor <br /> <br />Mr. Paul L. McDill, President <br />Morgan County Quality Water District <br />P.O. Box 1218 <br />Fort Morgan, Colorado 80701 <br /> <br />lames S. Lochhead <br />Exeemive Director. DNR <br />Datie, CUte. P E <br />Direaor. CWCB <br /> <br />RE: Loan Application for Purchase of Hay Gulch Wells <br /> <br />Dear Mr. McDill: <br /> <br />I am pleased to inform you that at the November 7, 1995 meeting of the Colorado <br />Water Conservation Board (CWCB), the Board made a decision to recommend to the General <br />Assembly a Construction Fund loan of up to $3,000,000 for the Morgan County Quality <br />Water District to purchase the Hay Gulch Wells. The lending terms are 4.0 percent interest <br />over a repayment period of 30 years. <br /> <br />The change in authorization for your Construction Fund loan will be considered by the <br />General Assembly as part of the 1996 CWCB Construction Fund bill. If the bill is approved <br />by the General Assembly and signed by the Governor, funds should be available next <br />summer. <br /> <br />An approved contract between the MCOWD and the CWCB must be in place before <br />funds can be dispersed. Ms. Ian Illian of tl1is office will draft the contract and will send you <br />a review copy upon request. Please contact Ian at 303-866-3441 to initiate the contracting <br />procedure. <br /> <br />On behalf of the Board, I would like to thank you for applying for a Construction Fund <br />loan from the Colorado Water Conservation Board. Please call me if you have any questions <br />or we can be of any further assistance. <br /> <br />Sincerely, <br /> <br />~p~~ <br /> <br />William P. Stanton, P.E. <br />Chief, Planning and Construction <br />Section <br /> <br />cc: Chuck Lile <br />Peter Evans <br />Section B Staff <br />Dan Law, Water & Power Authority <br />George Underwood, Consulting Engineer <br />