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PROJ00543 App Letter
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PROJ00543 App Letter
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Last modified
11/19/2009 11:03:46 AM
Creation date
12/19/2006 10:56:38 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C153725
Contractor Name
Windsor Reservoir and Canal Company
Contract Type
Loan
Water District
3
County
Larimer
Bill Number
HB 95-1155
Loan Projects - Doc Type
Approval Letter
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<br />. <br /> <br />. <br /> <br />,:) <br />-' <br />, <br />" :. <br /> <br />Staff further recommends that: <br /> <br />I, The authorization will not commit the Colorado Water Conservation Board to <br />providing any additional funding for the Company's system rehabilitation program, <br /> <br />2. The board of directors of the Windsor Reservoir and Canal Company will adopt, and <br />the Company's shareholders will approve, an increase in assessments to provide <br />adequate debt service coverage for the new loan and for all existing loans, <br /> <br />3. The board of directors and the shareholders of the Windsor Reservoir and Canal <br />Company will adopt a resolution or resolutions approvin the 10 the pledge of <br />revenues and the conveyance of a security interest in the ee reservoirs. <br /> <br />Cc: Elmer Gustafson, WRCC <br />Don Engel, WRCC <br />Duane Smith, Smith Geotechnical <br />Linda Bassi, AGO <br /> <br /> <br />Attachments <br /> <br />t"\ <br />~;~ <br /> <br />\ t,OOD Af <br />~ $101000 <br /> <br />I1Mu <br />1/3//DO- ftA ~ <br />;; q.J: c.ol--f- <br />~ 42-M, ~. <br />- . (A.^- <br />ID/o ~~~, <br />~~ - <br />.--:;:- <br /> <br />('} <br /> <br />5 <br />
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