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<br />Henry Bolen Ditch Company <br />July 9. 2004 (Rev. Aug. 6, 2004) <br />Page 5 of 5 <br /> <br />Agenda Item 14d <br /> <br />3.) l\ Certificate of Deposit in the amount oftv:o annual payments ($12,300), which will be held by <br />CWCB for 15 years. <br /> <br />Staff further recommends that final approval of the loan be conditioned upon the following: <br /> <br />1. Executed USDA Conservation Program Contract <br />2. All standard contracting provisions of the CWCS Loan Program <br /> <br />Action Taken bv the CWCS on Julv 21. 2004 <br /> <br />The CWCS approved the Staff Recommendation, with the deletion of collateral item Number 3 and <br />the revisions as shown above in bold/italics. <br /> <br />cc: Raymond Keith, President, Henry Bolen Ditch Company <br /> <br />email: Tim Ouellette, Engineering and Technical Support, NRCS Cortez Service Center <br />Linda Bassi, AGO <br /> <br />Attachment: (Water Project Construction Loan Program - Project Data) <br />