BOARD00053 ‎(2)‎

• Board Meeting Date: 11/13/2006
• Description: Draft Summary Minutes and Record of Decisions - September 19-20, 2006
• Board Meetings - Doc Type: Memo

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2. Approve and/or Remove Items from Consent Agenda
Tape 1, Track 1 00:01:37 - 00:03:53
Action: A motion was made by Travis Smith and seconded by Eric Wilkinson to approve
the Consent Agenda Items, except for Consent Agenda Item 2b, which was
moved to just before Agenda Item 5. Tom Sharp abstained from the vote on
Consent Agenda Items Ig and if. The motion was approved unanimously (7-0).

2b. Approve and/or Remove Consent Agenda Item 2b.
Tape 1, Track 1 00:04:56 - 00:27:01
Action: Mike Serlet, Water Supply Planning and Finance Section Chief, introduced the
new staff member, Vaughn McWilliams, Contract Manager.
A motion was made by Eric Wilkinson and seconded by Travis Smith to approve
Staffs recommendation that the Board approve the addition of groundwater
recharge work, to the work that is reimbursable under Loan Contract C150194, to
the Well Augmentation Subdistrict (WAS) of the Central Colorado Water
Conservancy District. The loan project descriptions as shown in the original
appropriation, SB05-084, must be revised in the 2007 projects bill before funds
can be released. The motion was approved unanimously (8-0)

3a. Review and Approval of Meeting Minutes - July 24-26,2006 Minutes
Tape 1, Track 1 00:03:53 - 00:04:30
Action: A motion was made by Eric Wilkinson and seconded by Carl Trick to approve
the July 24-26, 2006 minutes. The motion was approved unanimously (8-0).

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4a. Next Meetings Dates and Locations -Nov. 13-15,2006 Denver, CO, Red Lion Hotel
DIA
Tape 1, Track I 00:04:30 - 00:04:56
Action: There were no objections to the meeting date and location for the November
2006 Board meeting.

4b. Next Meetings Dates and Locations - Jan. 23-24, 2007 Denver, CO, Holiday Inn DIA
Tape 1, Track I 00:04:30 - 00:04:56
Action: There were no objections to the meeting date and location for the January 2006
Board meeting.

5a. Water Supply Planning and Finance Section - New Loans - 4UR Ranch, Inc.-
Lost Lake Dam Outlet/Spillway Rehabilitation Project
Tape 1, Track I 00:00:00 - 00:00:00
Action: This agenda item was canceled.

6a. Water Supply Planning and Finance Section - Revisions to Existing Loans-
Logan Irrigation District - Prewitt Reservoir Rehabilitation Project
Tape 1, Track 1 00:27:01 - 00:32:47
Action: A motion was made by Eric Wilkinson and seconded by Carl Trick to approve
Staff's recommendation that the Board approve an increase of$198,581 ($196,615
for project costs and $1,966 for the 1% loan origination fee, in accordance with
CWCB Financial Policy No. 16) from the Severance Tax Trust Fund Perpetual Base
Account. The additional $198,581 increment of funding would be for 20-years at
the present blended lending rate of2.35% (the 30-year rate would be 2.60%). The

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Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection
Water Supply Protection. Conservation and Drought Planning
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