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<br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1580 Logan Street, Suite 750 <br />Denver, Colorado 80203 <br />Phone: (303)866-3495 <br />FAX: (303) 894-2578 <br />www.cwcb.state.co.us <br /> <br /> <br />Bill Owens <br />Governor <br /> <br />July 6, 2006 <br /> <br />Russell George <br />Executive Director <br /> <br />County of Larimer <br />Attn: Ms, Angela Dazlich, Public Trustee <br />315 West Oak Street <br />Ft. Collins, CO 80521 <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />Subject: Deed of Trust Release <br /> <br />Dear Ms, Dazlich: <br /> <br />This refers to the attached request for Release of Deed of Trust and Release relative to an <br />agreement between the Windsor Reservoir and Canal Company and the Colorado Water Conservation <br />Board (CWCB) which was rejected on June 23, 2006. The letter informing CWCB of the rejection <br />identifies two problems that precluded the release of the Deed of Trust. The first reason stated was a <br />discrepancy between the dates on the Deed of Trust and Promissory Note. Please view the signed <br />affidavit form which acknowledges this error. <br /> <br />The rejected release form also stated that the amounts on the Deed of Trust and the Promissory <br />Note were different. The Promissory Note located in Sub Section B.13 ofthe contract sets forth the total <br />amount of the loan at $761,000 which matches with the amount listed in the Deed of Trust. What may <br />have led to some confusion is an administrative note written on the top right hand comer of the first page <br />of the contract which shows an amount of $752,000. This was used for internal CWCB administrative <br />purposes only and has no bearing on the contract. <br /> <br />The original documents should be returned to CWCB in the enclosed self-addressed stamped <br />envelope, Should you have any questions, please contact me at Telephone No. (303) 866-3495. Thank <br />you for your assistance in this matter. <br /> <br />Very truly:ours'h # <br /> <br />ft-~~b?~ ~C <br /> <br />S. S. Biondo <br />Contract Compliance Officer <br />Water Supply Planning and Finance Section <br /> <br />Enclosures <br /> <br />Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought Planning <br />