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<br />. <br /> <br />RECEIVED <br /> <br />May 12, 2004 <br />Page 2 <br /> <br />MAY 1 3 2004 <br /> <br />WATeR RESOURCE'" <br />STATE ~"_2:NE;::f ~ <br />COLO. <br /> <br />4. We are including a projected schedule and timeline for completion along with this letter. <br />We hope this timeline is clear and acceptable to your office. Please note that this project <br />will likely require a CWCB loan, and we have included time in our schedule for CWCB <br />review and approval. <br /> <br />We look forward to working with your office to resolve the dam design issues and get Empire <br />Reservoir back to its full storage capacity. Please let me know if you have questions, concerns, <br />or need any additional information at this time. <br /> <br />Sincerely, <br /> <br />VRANESH AND RAISCH, LLP <br /> <br />IJ1X <br /> <br />By: <br /> <br />Michael D. Shimmin <br />E-mail: mds@vrlaw.com <br />MDS:keb <br />Enclosure <br />cc: Mr. Jim Hall (w/encl.) <br />Mr. Jim Dubler (w/encl.) <br />Ms. Kathy Samples (w/encl.) <br />Mr. Colby Hayden (w/encl.) <br /> <br />S:\Client\bijougen\byers ltr of 5.12.04.doc <br />