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<br />f <br /> <br />.. ~ " ~ II <br />,,~ ~" <br />, ~ <br />City 01 <br />Fountain <br />Pure Colorado <br /> <br />~EdJ t(;s~/ <br /> <br />1/6 S. Main St. <br />Fountain <br />Colorado <br />80817 <br />719/382-8521 <br />FAX: 719/382-5194 <br /> <br />August 13, 2001 <br /> <br />Mr. John W. Van Sciver <br />The Colorado Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br /> <br />Dear John, <br /> <br />On behalf of the City of Fountain I am submitting a Construction Fund Loan Application in <br />the amount of $280,000. As you are aware, we are in the process of repairing Keeton <br />Reservoir in order to address potential dam safety issues identified by the State's Dam <br />Safety Engineer. <br /> <br />Along with this application I am also supplying two years of financial statements for the <br />City of Fountain that includes pertinent information regarding the Water Fund that operates <br />as an enterprise of the City of Fountain. The final piece of information that I am enclosing <br />is the City of Fountain's Water Rate Study prepared by BBC Research and Consulting. It is <br />important to note that Fountain implemented an inclining block rate structure as suggested <br />by the report and also increased water taps fees on June 9, 2001 into ensure that the Water <br />Fund has assets necessary to meet the needs of our customers. <br /> <br />If you have any questions or require additional information, please contact me. My direct <br />telephone line is 719-322-2034 and my e-mail address is jmcgrady@fountaincolorado.org. <br />Thank you for your assistance and I look forward to working with you and others at The <br />Colorado Water Conservation Board. <br /> <br /> <br />Enclosures <br /> <br />C Kathy Kuberka <br />Rod Kuharich <br />Greg Nyhoff <br />Ron Woolsey <br />