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<br /> <br />ENGINEERING DEPARTMENT <br /> <br />Post Office Box 1190 <br />Fort Collins, Colorado 80522-1190 <br /> <br />(970) 498-5700 <br />FAX (970) 498-7986 <br /> <br />September 10, 1996 <br /> <br />Mr. Larry F. Lang <br />Chief of Floodplain Maps and Flood Control <br />Colorado Water Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver, Co. 80203 <br /> <br />Re: CWCB Construction Loan Application - Dry Creek <br /> <br />Dear Larry, <br /> <br />Larimer County (County) in cooperation with the City of Fort Collins would like to submit a supplemental <br />application to the Colorado Water Conservation Board (CWCB) for a construction loan for improvements for the <br />Dry Creek Project. <br /> <br />In 1995, the City and County submitted an application for the Dry Creek Project in the amount of $600,000 <br />which was subsequently approved in the amount of $500,000. Attached is a supplemental application for the Dry <br />Creek Project in the amount of $600,000 with terms consistent with those in Senate Bill 96-153. <br /> <br />This supplemental application is made for the following reasons: <br />- the combined amounts ofthe initial loan and the supplemental loan is well under the total project cost; <br /> <br />2 - the 1995 amount was reduced during legislative review; and <br /> <br />3. the project is warranted due to the benefits to the area and its tax payers. <br /> <br />The City of Fort Collins and Larimer County have initiated an intergovernmental agreement to form a Local <br />Improvement District for the source of the remaining funds for the Dry Creek Project. Both the City Council of <br />the City of Fort Collins and the County Commissioners of Larimer County support the formation of a local <br />improvement district for the Dry Creek Project. <br /> <br />If you would like any additional information or have questions please feel free to contact me at 498-5721. Thank <br />you for your consideration of this matter. <br /> <br />~ <br /> <br />Rex A. Bums <br />Storm Drainage Engineer <br /> <br />