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<br />,~ " <br /> <br />ST ATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br /> <br />~ <br /> <br />July 13,2000 <br /> <br />Bill Owens <br />Governor <br /> <br />Mr. Kirk Lamphier <br />City Supervisor <br />City of Victor <br />P.O. Box 86 <br />Victor, Colorado 80860 <br /> <br />Greg EWalcher <br />Executive Director <br /> <br />Peter H, Evans <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />Re: Victor No.2 Dam Rehabilitation Project <br /> <br />Dear Kirk: <br /> <br />Per our telephone conversation yesterday, there are a number of items for which we will <br />need the City's assistance in order that Icon Engineering can complete the feasibility <br />study update for the Victor No.2 Dam Rehabilitation Project and so that the CWCB staff <br />can make a final determination of feasibility: <br /> <br />I. To date, Icon Engineering has not received the City's comments on the draft <br />of Chapter VIII (Financial Program) of the feasibility study update. <br />Comments from your accountant and your attorney on the Financial Program <br />may also be helpful. <br /> <br />2. A detailed implementation schedule with dates for each of the major work <br />tasks from this point in time to project completion is needed. If you could <br />provide this to Icon, they would be able to include it in the final version of the <br />feasibility study update. <br /> <br />3. The CW CB staff and the Attorney General's office are still dealing with the <br />question of parity on your existing loan with USDA Rural Development. The <br />issue is whether the City's loan agreement with Rural Development results in <br />a pledge of both water and sewer revenues. Rural Development has indicated <br />to us that the loan is collateralized by sewer revenues only but our review of <br />the City's financial statements indicates that water and sewer revenues are <br />deposited in the same fund. We are requesting a copy of Ordinance No. 349 to <br />see if that might shed any light on the matter. <br /> <br />4. You may want to talk with Icon Engineering to see if there is any other <br />information that they might need in order to complete their work. <br />