C150024 Letter of Substaintial Completion

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/1' · Colorado Water Conservation Board Department of NaturaI Resources 1313 Sherman Street, Room 721 Denver, Colorado 80203 Phone, (303) 866-3441 FAX, (303) 866-4474 STATE ~ COLORADO ~ May 8, 2000 Bill Owens Governor Greg E.Wa1cher Executive Director NOTICE OF PROJECT SUBSTANTIAL COMPLETION AND REPAYMENT SCHEDULE Peter H. Evans eWeB Director Sterling Irrigation Company Kathy Seetch, Corporate Secretary Post Office Drawer 1825 Sterling, Colorado 80751 Dan MeA uliffe Deputy Director Re: Contract Number C 150024 - South Platte Diversion Structure Rehabilitation Project Dear Ms. Seetch: This letter is to advise you that the work described in the above referenced Contract was substantially completed as of May 1, 2000. In accordance with the Contract, the Sterling Irrigation Company owes $2,500.31 for interest during construction, as calculated on the attached spreadsheet, due on May 16, 2000, Make your check for interest during construction payable to the Cotorado Water Conservation Board and include the Contract Number on the check. As outlined in the Promissory Note, Appendix 2 of the Contract, your first loan payment in the amount of$17,868.56 is due on May 1, 2001. Please see the attached Repayment Schedule and a copy of the Promissory Note. It has been a pleasure of the Colorado Water Conservation Board to work with the Sterling Irrigation Company on the successful completion of this project. ptease call if you have any questions regarding this matter or if we can be of service to you in the future, S~J Michael G. Serlet, P.E. Chief, Water Suppty Planning and Finance Section CC. DNR AccOlmting Project Planning and Construction Section Project file Contract file Accounts Receivable Attorney General's Office Contract Amount = $318,583 Expended Amount = $318,583