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<br />" <br /> <br />STATE 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 />FPC(:(303)866~74 <br />www.cwcb.state.co.us <br /> <br /> <br />February 6, 2007 <br /> <br />Bill Ritter Jr. <br />Governor <br /> <br />NOTICE OF PROJECT SUBSTANTIAL COMPLETION AND REPAYMENT <br /> <br />Harris D. Sherman <br />Executive Director <br /> <br />Mrs. Jane Abbott <br />Abbott Ranch <br />35512 Comanche Creek Road <br />Kiowa, CO 80117 <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />Re: Contract Number C150220 - Well Replacement <br /> <br />Dear Mrs. Abbott: <br /> <br />lbis letter is to advise you that the work described in the above referenced Contract was substantially completed as of <br />February 1, 2007. <br /> <br />In accordance with the Contract, you owe $480.83 for interest during construction, as calculated on the attached <br />spreadsheet, due by February 26, 2007. Please make your check for interest during construction payable to the Colorado Water <br />Conservation Board and include the Contract Number on the check. <br /> <br />As outlined in the Promissory Note, Appendix 2 of the Contract, your fIrst loan payment in the amount of $5,503.98 is <br />due on February 1, 2008. A prepayment of $10,266.14 has been applied to your principal balance to account for the actual funds <br />expended to construct your project. A 1 % loan service fee of $387.86 has been added to your principal balance for a fInal loan <br />balance of $39,173.86. The loan service fee was based on your fInal cumulative loan balance of $38,786.00. Please see the <br />attached Loan Repayment Schedule and copy of the Promissory Note. <br /> <br />In accordance with the Borrower's Liability Insurance Provision of the Contract, Paragraph A.6, please note that the <br />renewed insurance certificates need to be provided to the Colorado Water Conservation Board annually. <br /> <br />It has been a pleasure of the Colorado Water Conservation Board to work with you on the successful completion of this <br />project. Please call if you have any questions regarding this matter or if we can be of service to you in the future. <br /> <br />~~ <br /> <br />Mike Serlet, P.E. <br />Chief, Water Supply Planning and Finance Section <br /> <br />cc. Eric Wilkinson, CWCB Board Member <br />Water Supply Planning and Finance Section <br />Project fIle <br />Contract file <br /> <br />Contract Amount <br />Expended Amount <br /> <br />= $49,440.00 <br />= $39,173.86 <br /> <br />Flood Protection. Water Supply Plahning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought Plahning <br />