C153719 Letter of Substaintial Completion

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. . . STATE OF COLORI\DO . .:- Colorado Water Conservation Board Department of Natural Resources 1313 Sherman S[reet Denver, Colorado 802Q3 Phone, (303) 866.3441 FAX, 13031 866-4474 GregE. Walcher Executive Director, DNR Peter H. Evans NOTICE OF PROJECT SUBSTANTIAL COMPLETION AND REPAYMENT SCHEDuf~ctm, CWC8 June 14, 1999 Bill Owens Governor Town of Johnstown Ms. Diana Seele, Town Clerk P.O. Box 306 Johnstown, Colorado 80534 Re; Contract Number C-153719 - Lone Tree Pipeline Reconstruction Dear Ms. Seele: This letter is to advise you that the work described in the above referenced Contract will be considered by the Colorado Water Conservation Board to be substaJltially completed as of June 30, 1999. In accordance with the Contract repayment conditions, the Town of Johnstown owes $188,588.57 for interest during construction, as calculated on the attached spreadshett, due on July 10, 1999. Additionally, as outlined in paragraph A.9.d. of the Contract, your first loan payrPent for the amount of $112,706.97 is due on July I, 2000. Please see the attached Repayment Schedule. Make your checks payable to the Colorado Water CDnservation Board and include the Contract Number on the check. Also, please provide a current certificate of project liability insurance as described on page 4, paragraph A.6. of the Contract. A current certificate should be submitted each year with your loan payment to verifY an up-to-date policy. It has been a pleasure of the Colorado Water Conservation Board to work with the Town of Johnstown on the successful completion of this project. Please call if you have any questions regarding this matter or if we can be of service to you in the future. ~ Michael G. Serlet, P.E. Chief, project Planning and Construction Section cc. DNR Accounting Project Planning and Construction Section Project file Contract file Accounts Receivable Attomey General's Office Contract Amount ~ $2.542.500.00 Expended Amount ~ $1.948,932.60 ..........