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<br />50^" <br />STATE OF COLORADO <br /> <br />. <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone, (303) 866-3441 <br />FAX, (303) 8664474 <br /> <br />~ <br /> <br />Bill Owens <br />Governor <br /> <br />February 9,2000 <br /> <br />Greg E.Walcher <br />Executive Director <br /> <br />Peter H. Evans <br />ewes Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />Mr. Norman Hunt, Vice - President <br />Silt Water Conservancy District <br />P.O. Sox 8 <br />Silt, CO 81652 <br /> <br />RE:: Rehabilitation of Diversion Structure <br />Loan Approval <br /> <br />Dear Mr. Hunt, <br /> <br />. <br /> <br />I am pleased to inform you that the Colorado Water Conservation Board (CWCS) has <br />approved your request for a Small Project Loan from the Construction Fund. We <br />understand the loan will be used to rehabilitate the District's diversion on the Colorado <br />River. <br /> <br />The Soard approved a Small Project Loan in a maximum amount of $100,000 with terms <br />of 4% for 30 years. I have attached a copy of the updated Board memo concerning the <br />Silt Water Conservancy District. Please refer to page 4 of that memo and to the section <br />"Action taken by the CWCS January 26, 2000." <br /> <br />When the Soard approves a Small Project Loan from the Construction Fund there remain <br />several conditions: <br /> <br />a) A Feasibilitv Study must be completed. We have reviewed the study titled Feasibility <br />of the Silt Diversion - Colorado River Project, and find that the report meets the <br />requirements of the eWCB Construction Fund Guidelines for feasibility studies. <br /> <br />b) An approved contract must be in place before funds can be advanced. Jan IlIian will <br />contact you concerning our contracting procedure. It usually takes about 2.5 months <br />to complete the contract from the date the loan is approved by the CWCS. <br /> <br />c) You must adhere to the CWCS Desiqn and Construction Administration Procedures. <br />Tim Feehan will be the project manager for the ewcs. Tim will make construction <br />. inspections, which will be the basis for disbursement of your loan funds. <br />