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<br />" <br /> <br /> Colorado Water Conservation Board <br /> Project Expenditure Schedule <br /> Glenwood Ditch Siphon Replacement <br />Sponsor: Glenwood Irrigation Company Loan Contract No.: C150106 <br />Address: P,O. Box 27 Authorization: $386,000.00 <br /> Glenwood Springs, CO 81602 Interest: 4,00% <br />Contact: Raymond Thompson, Secretary Term: 30-years <br />Telephone: 970-945.6746 Conditions: Up to 75% <br />Fax: Tax I.D, No,: 84-0212608 <br /> Substantial <br />E-mail: sandyj@rot.net Completion Date: 5/1/2003 <br /> Balance <br />Loan Amount Cumulative Available to Accrued <br />Disb. No. Date Description Disbursed Loan Balance Loan Interest Interest <br /> $ 386,000,00 <br />1 12/16/2002 Design and Construction $ 90,533.00 $ 90,533.00 $ 295,467.00 $ 1,349,31 $ 1,349.31 <br />2 12/27/2002 Design and Construction $ 27,075.25 $ 117,608,25 $ 268.391.75 $ 370,89 $ 1,720.21 <br />