Laserfiche WebLink
STATE OF COLORADO <br />Colorado Water Conservation Board <br />Water Supply Planning & Finance Section <br />1580 Logan Street, Suite 750 <br />Denver, Colorado 80203 <br />www.cwcb.state.co.us <br />May 30, 2007 <br />Town of Hillrose <br />Attn: Lynn Golemboski <br />315B Emerson Street <br />P.O. Box 1 <br />Hillrose, CO 80733 <br />Subject: Loan Contract C150178 <br />Dear Ms. Golemboski: <br />Bill Ritter, Jr. <br />Govemor <br />Harris D. Sherman <br />Executive Director <br />Rod Kuharich <br />cwcB ��cor <br />Dan McAuliffe <br />Deputy Director <br />We have received your May 25, 2007 letter requesting that the Town of Hillrose incur a <br />$995,097 loan from the Colorado Water Resources & Power Development Authority to upgrade <br />the Town's drinking water system. We also understand that CWR&PDA is seeking a parity lien <br />for this new debt with the CWCB in a pledge of the Town's water revenues. <br />Following the conditions of CWCB Loan Contract C150178 and CWCB financial policies, we <br />have reviewed the parity certificate from Lauer, Szabo & Associates, P.C., and the CWCB <br />consents to this additional debt and the parity lien. <br />If you have any questions or concerns, please contact me at 303-866-3426. <br />Sincerely ' <br />� d� .� <br />Mike Serlet, P.E. <br />Section Chief <br />Water Supply Planning and Finance Section <br />cc: CWCB Contract File <br />Brittany Marty, CWR&PDA <br />Kristine Parker, Ballard Spahr <br />