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<br />.). <br /> <br />"l <br /> <br />e <br /> <br />e <br />STATE OF COLORADO <br /> <br />Deparlment of Natural Resources <br /> <br />. <br /> <br />COLORADO WATER CONSERVATION BOARD <br /> <br />721 Slale Centenmal Bu'ldmg <br />1313 Sherman Street <br />Denver. ColoradO 60203 <br />Phone (303) 666-344 1 <br />FAX (303) 666-4474 <br /> <br />Roy Romer <br />Gave mar <br /> <br />December 2, 1993 <br /> <br />Danes e, LJle, P ,E <br />Diredor. ewes <br /> <br />Mr. Donald L. Sexton, Secretary/Treasurer <br />Military Park Reservoir Co. <br />8506 Ct Rd 62 <br />Gunnison, CO 81230 <br /> <br />RE: Military Park Dam <br />Initial Loan Approval <br /> <br />Dear Don, <br /> <br />Concerning your application for a loan from the Construction Fund, I am pleased to <br />inform you that the CWCB Board has ratified your request in amount of $30,000 for the <br />construction project, while converting your loan from an Emergency loan to a standard <br />Construction Fund loan. The CWCB Board also approved a loan term of 30 years at an <br />interest rate of 4%. It is our understanding that these funds will be used to rehabilitate the <br />outlet of the Military Park Dam. I have attached a copy of my updated CWCB Board memo <br />concerning the Military Park Reservoir Company. Please refer to page 2 of that memo and <br />to the 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 the Reservoir Company <br />and the 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 />_ -~f1cerely, '. <br />/' l'i I 1/ <br />/ 1ft II!! ~ <br />( . fUJJ/1t-'~, ~ ' <br />" './;.hn Van SClVer, P.E. <br />"-""-_j Colorado Water Conservation Board <br /> <br />Attachments <br /> <br />cc:Mr. Tyler Martineau, Member CWCB Board <br />Mr. Jim Norfleet, DWR Division 4, Montrose <br /> <br />C\ WP51\9a119.1tr <br />