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<br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br /> <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441' <br />FAX: (303) 866-4474 <br />www.cwcb.state.CQ.us <br /> <br />STATE OF COLOMDO <br /> <br />Q <br /> <br />Bill Owens <br />Governor <br /> <br />April 2, 200 1 <br /> <br />Greg E. Walcher <br />Executive Director <br /> <br />NOTICE OF PROJECT SUBSTANTIAL COMPLETION AND REPAYMENT SCHEDULE <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />Model Land and Irrigation Company <br />RB. Jowell, President <br />P,O. Box 57 <br />Model, Colorado 81059 <br /> <br />Re: Contract Nmnber C150012 - BlackHills Reservoir Dam Rehabilitation Project <br /> <br />Dear Mr. Jowell, <br /> <br />This letter is to advise you that the work described in the above referenced Contract was substantially completed as of <br />March 30,2001. <br /> <br />In accordance with the Contract, the Model Land and Irrigation Company owes $3,343.15 for interest during <br />construction, as calculated on the attached spreadsheet, due on Apri113, 2001. Make your check for interest during construction <br />payable to the Colorado Water Conservation Board and include the Contract Nmnber on the check. <br /> <br />As outlined in the Promissory Note, Appendix 2 of the Contract, your first loan payment in the amount of $18,789.35 <br />is due on March 30,2002, Please see the attached Repayment Schedule and a 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 aIlllually. <br /> <br />It has been a pleasure of the Colorado Water Conservation Board to work with the Model Land and Irrigation <br />Company on the successful completion of this project. Please call if you have any questions regarding this matter or if we can <br />be of service to you in the future. <br /> <br />~J4 <br /> <br />Mike Serlet, P .E. <br />Chief, Water Supply Planning and Finance Section <br /> <br />cc. <br /> <br />DNR Accounting <br />Water Supply Planning and Finance Section <br />Project file <br />Contract file <br />Accounts Receivable <br />Attorney General's Office <br /> <br />Contract Amount = $335,000 <br />Expended Amount = $335,000 <br /> <br />Flood Protection · Water Project Planning and Financing. Stream and Lake Protection <br />Water Supply Protection. Conservation Planning <br />