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<br />Porzak Browning &JohnsonLLP <br /> <br />ATTORNEYS-AT.LAW <br /> <br />Glenn E. Porzak <br />Michael F. Browning <br />RichardA. Johnson <br />George V. Berg, Jr. <br />Steven J. Bushong <br /> <br />1300 Walnut Street <br />Suite 100 <br />Boulder, CO 80302 <br />303 443-6800 <br />Fax 303 443-6864 <br /> <br />November 19, 1996 <br /> <br />~~c4v4 <br />71'7'6 <br /> <br />VIA FEDERAL EXPRESS <br /> <br />William E. Green, P.E. <br />Colorado Water Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br /> <br />Dear Bill: <br /> <br />Pursuant to your request, enclosed please find the most current financial statements for <br />the Upper Eagle Regional Water Authority, the Vail Valley Consolidated Water District and Vail <br />Resorts, Inc. (successor to Gillette Holdings as parent to Vail Associates, Inc.). Also enclosed <br />are the 1992 through 1995 financials of the Upper Eagle Valley Sanitation District. Under <br />separate cover you will be receiving the Eagle County 1995 financials. <br /> <br />In addition to the foregoing, enclosed is an updated version of the Bernstein financial <br />feasibility report for the Eagle Park Reservoir Project. Please do not hesitate to call me if you <br />have any questions regarding the enclosed. <br /> <br />Best wishes, <br /> <br />a- <br /> <br />Glenn E. Porzak <br /> <br />GEP:fd <br />Enclosures <br /> <br />fd0917 <br />