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<br />LAW OFFICES <br />DUNN, ABPLANALP & CHRISTENSEN, P.C. <br /> <br />A PROFESSIONAL CORPORATION <br /> <br />JOHN W. DUNN <br />ARTHUR A. ABPLANALP, JR. <br />ALLEN C. CHRISTENSEN <br />DIANE L. HERMAN <br />R.C.STEPHENSON <br /> <br />VAIL BANK BUILDING <br />SUITE 300 <br />108 SOUTH FRONTAGE ROAD WEST <br />VAIL, COLORADO 81657 <br /> <br />TELEPHONE: <br />(970) 476-0300 <br /> <br />TELECOPIER: <br />(970) 476-4765 <br /> <br />SPECIAL COUNSEL: <br />JERRY W. HANNAH <br /> <br />KAREN M. DUNN <br />CERTIFIED LEGAL ASSISTANT <br /> <br />January 12, 1995 <br /> <br />Colorado Water Conservation Board <br />1313 Sherman Street <br />Denver, Colorado 80203 <br /> <br />RECEIVED <br />JAN 1 9 1996 <br /> <br />CoIarado Water <br />CoIw.InIatioo B9w~ <br /> <br />Attn: Bill Green <br /> <br />RE: Town of Minturn <br /> <br />Dear Mr. Green: <br /> <br />I am Town Attorney for the Town of Minturn, Colorado. Town <br />Manager, Dick Dangler has asked me to provide you with this <br />letter concerning the Bolt's Lake Water Supply and Recreation <br />Project. <br /> <br />In connection with this project the Town of Minturn has <br />applied for a loan from Colorado Water Conservation Board in the <br />amount of $360,000.00 payable over 30 years. As security for the <br />loan, the Town is proposing a pledge of Water and Sanitation Fund <br />revenues and the property to be acquired for the project and all <br />improvements located on the property. The Town of Minturn has <br />the legal authority to pledge its Water and Sanitation enterprise <br />funds and the property once it is acquired. <br /> <br />From previous experience with the Colorado Water <br />Conservation Board, you require a formal opinion letter in <br />accordance with a prescribed form. If that is necessary please <br />provide me with your requisite form and I will provide you with a <br />formal opinion letter. <br /> <br />Thank you. <br /> <br />Very truly yours, <br /> <br />DUNN, ABPLANALP & CHRISTENSEN, P.C. <br /> <br />. <br />~t!~ <br /> <br />Allen C. Christensen <br /> <br />cc:Town of Minturn <br />acc\minturn\cwr#3.1tr <br />