Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />~bt .tlrttuttt eptrattng ctommttttt <br /> <br />112 North 8th Avenue - P.O. Box 333 - Phone (970) 522-2025 <br />STERLING, COLORADO 80751-0333 <br /> <br />BOARD OF DIRECTORS <br />BOB LINGREEN, Chairman <br />DON CHAPMAN, Vice-Cbairman <br />ROD MARl, Director <br />GERALD RUF, Director <br />ARTHUR DEBUS, Director <br />HAROLD KAUTZ, Director <br />ALLYN WIND, Director <br /> <br />JAMES T. Y AHN, I'.E. <br />Manager <br /> <br />REceiVED <br /> <br />~UG 2 1 l006 <br /> <br />Colorado Water <br />Conservation 6Qard <br /> <br />August 15,2006 <br /> <br />Mr. Tim Feehan <br />The Colorado Water Conservation Board <br />1580 Logan St. - Suite 750 <br />Denver, Colorado 80203 <br /> <br />Dear Tim: <br /> <br />At the May 16,2006 meeting of the Colorado Water Conservation Board the Logan Irrigation <br />District, along with the cooperation of the Iliff Irrigation District and the Morgan Prewitt Reservoir <br />Company, requested a loan in the amount of $306,419 from the Severance Tax Trust Fund Perpetual <br />Base Account. The Loan Contract between the CWCB and Logan Irrigation District has not yet been <br />finalized. <br />The loan amount requested was based on a total project cost of $337,095, an amount estimated <br />by our engineer. Since the time of the loan request, the Logan Irrigation District has solicited bids <br />from two contractors, copies of which are enclosed with this letter. As you can see, the bids exceed the <br />construction estimate by approximately $200,000. The bid for $555,635 is more complete due to tht: <br />inclusion of dewatering and permitting, therefore the Board of Directors voted to accept this bid with <br />some negotiation. The Board also authorized me to request additional funding from the CWCB in the <br />amount of $500,000 to fund 90% ofthe emergency spillway project. <br />I will be working on updating the financial page of the feasibility study for your review. We <br />hope to have this additional request before your board at its September 19 and 20, 2006 meeting. <br />Thank you for your assistance. If you have any questions or need additional information please call. <br /> <br />Sincerely, <br />T WITI O~MMITTEE <br /> <br /> <br /> <br />James T. Yahn, P.E. <br />Manager <br />