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<br />~ ' <br /> <br />Mr. Harvey L. Smalley, President <br />San Luis Valley Canal Company <br />February 10, 1997 <br /> <br />2 <br /> <br />d. A contract must be completed before funds can be advanced on your loan. You will <br />be working with Jan Illian during the contracting process, which usually takes 3 to <br />6 months to complete. Jan will assist you with sample stockholder resolutions, and <br />other documents necessary as part of the contracting process. <br /> <br />- I <br /> <br />e. You must adhere to the CWCB Design and Construction Administration Procedures. <br />Mike Serlet will work with you on the CWCB requirements concerning design and <br />bidding of the construction project. During the construction process he will make <br />field inspections, which will be the basis of the monthly pay estimates for <br />disbursements of your loan funds. <br /> <br />On behalf of the Board, I would like to thank you for applying for a Construction Fund Loan <br />from the Colorado Water Conservation Board. <br /> <br />Sincerely, <br /> <br />~?~ <br /> <br />William P. Stanton, P.E. <br />Chief, Project Planning and Construction Section <br />Colorado Water Conservation Board <br /> <br />NS:jvs <br /> <br />Attachment <br />Updated Memo 8dJan <br /> <br />cc (With Attachment): <br />Mr, John A,C. Davey, Boardmember CWCB <br />Ms, Laurie Howell, NRCS, 1590 12th St. Alamosa CO 81101 <br /> <br />cc (No Attachment): <br />CWCB Section B Staff <br />Linda Bassi, AGO <br /> <br />C:\ WP51 \JOHN\8dJan97.ltr <br />