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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Mr. Ruben Hergert, President <br />Woods lake Mutual Water and <br />Irrigation Company <br />December 26, 1996 <br /> <br />2 <br /> <br />d. A contract must be completed before funds can be advanced on your loan. You will <br />be working with lan Illian during the contracting process, which usually takes 3 to <br />6 months to complete. lan will assist you with sample stockholder resolutions, and <br />other documents necessary as part of the contracting process. <br /> <br />e. You must adhere to the CWCB Design and Construction Administration Procedures. <br />Mike Serlet will work with you on the CWCB requirements concerning design and <br />bidding of the construction project. During the construction process he will make <br />field inspections, which will be the basis of the monthly pay estimates for <br />disbursements of your loan funds. <br /> <br />On behalf of the Board, I would like to thank you for applying for a Construction Fund Loan <br />from the Colorado Water Conservation Board. <br /> <br />Sincerely, <br /> <br />fJ/~1?&~ <br /> <br />William P. Stanton, P.E. <br />Chief, Project Planning and Construction Section <br />Colorado Water Conservation Board <br /> <br />JVS:jV5 <br /> <br />Attachment <br />Updated Memo 12k.nov <br /> <br />cc (w/Attachment): <br />Ms. David L. Harrison, Board Member eWeB <br />Mr. Duane H. Smith., P.E.. 1225 Red ~ Circle, Suite H, Fl Collins CO 80524 <br /> <br />cc (w/o Attachments): <br />eWeB Section B Staff <br />Linda Bassi, AGO <br /> <br />C\WP51\JOHN\12kNov96.ltr <br />