Laserfiche WebLink
<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:~03)8~3441 <br />FAX: (303) 866-4474 <br />www.cwcb.state.co.us <br /> <br /> <br />December 7, 2004 <br /> <br />Bill Owens <br />Governor <br /> <br />NOTICE OF PROJECT SUBSTANTIAL COMPLETION AND REPAYMENT SCHEDULE <br /> <br />Russell George <br />Executive Director <br /> <br />Mr. Allen Ringle, Manager <br />The Lake Meredith Reservoir Company <br />331 Main Street <br />P.O. Box 8 <br />Ordway, Colorado 81603 <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />Re: Contract Number C150 137 - Reservoir Outlet Rehabilitation <br /> <br />Dear Mr. Ringle: <br /> <br />This letter is to advise you that the work descnbed in the above referenced Contract was substantially completed as of <br />December 1, 2004 <br /> <br />In accordance with the Contract, the Lake Meredith Reservoir Company owes $61,212.73 for interest during <br />construction, as calculated on the attached spreadsheet, due by December 31,2004. Make your check payable to the Colorado <br />Water Conservation Board and include the loan contract number on the check.. The Colorado Water Conservation Board also <br />offers electronic fund transfers for your convenience (See attachment for details). <br /> <br />As outlined in the Promissory Note, Appendix A of Contract, your first loan payment in the amount of$85,096.99 is due <br />on December 1, 2005. Please see the attached Loan Repayment Schedule and a copy of the Promissory Note. A 1% loan <br />origination fee of $ 14,570.00 has been added to your principal balance for a fina110an balance of$I,471,500.00 <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 the Lake Meredith Reservior Company <br />on the successful completion of this project. Please call if you have any questions regarding thiS matter or if we can be of service <br />to you in the future. <br /> <br /> <br />cc. <br /> <br />Harold Miske!, CWCB Board Member <br />DNR Accounting <br />Water Supply Planning and Finance Section <br />Project me <br />Contract me <br />Accounts Receivable <br /> <br />Contract C150168 <br />Expended Amount <br /> <br />= $1,471,500 <br />= $1,471,500 <br /> <br />Flood Protection. Water Supply Plarming and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought Planning <br />