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<br />;;- <br /> <br />.,. <br /> <br />e <br /> <br />e <br />STATE OF COLORAI)(j <br /> <br />Department of Natural Resources <br /> <br />. <br /> <br />COLORADO WATER CONSERVATION BOARD <br /> <br />721 Stale Centennial BUilding <br />1313 Shetman Street <br />Denver _ Colorado 80203 <br />Phone (303) 656-344 1 <br />FAX (303) 66&--4474 <br /> <br />December 2, 1993 <br /> <br />Roy Romer <br />Governor <br /> <br />Daries e, Llle, P ,I:, <br />DireClor _ eWeB <br /> <br />Mr. Louis G. Hartbauer, President <br />Lateral #35 Association <br />277 Holly Lane <br />Grand Junction, CO 81503 <br /> <br />RE: Lateral #35 Association <br />Initial Loan Approval <br /> <br />Dear Mr. Hartbauer, <br /> <br />Concerning your application for a loan from the Construction Fund, I am pleased to <br />inform you that the eweB Board has granted initial approval of your request in amount <br />of $35,000 for the construction project. The CWCB Board also approved a loan term of 30 <br />years at an interest rate of 4%. It is our understanding that these funds will be used to <br />rehabilitate Lateral #35. I have attached a copy of my updated CWCB Board memo <br />concerning the Lateral #35 Association. Please refer to page 2 of that memo and to the <br />section "Action Taken by the CWCB Board". <br /> <br />The Construction loan will be considered by the State General Assembly as part of <br />the 1994 Construction Fund Bill, with passage expected in June 1994. Funds will be <br />available about 60 days after that date, once the contract between your Association and the <br />State has been finalized, <br /> <br />On behalf of the CWCB Board, I would like to thank you for applying for a <br />Construction Fund Loan from the Colorado Water Conservation Board. <br /> <br />"'....,~- . cerely, <br /> <br />( tJL---- <br /> <br />~ Ion Van Sciver, P.E. <br />../ Colorado Water Conservation Board <br /> <br />Allachment <br /> <br />cc:Mr_ Tyler Martineau, Member ewcs Board <br /> <br />C:\ WP51\9pI119,ltr <br />