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Last modified
8/16/2009 2:33:53 PM
Creation date
1/17/2008 4:22:45 PM
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Board Meetings
Board Meeting Date
1/22/2008
Description
CF Section - Loan Deferral Request - Bill Porter Reservoir - Reservoir Construction Project
Board Meetings - Doc Type
Memo
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<br />)-..tt.h-ftn"!:I1-BIU\LTR CWC'\.""!><1 <br /> <br />DK/bg <br /> <br /> <br />Your favorable consideration of this request will <br />you need additional information in this regard <br /> <br />be greatly appre~iated. Please advise me if <br /> <br />In light of the significant hardship resulting from Bill's unexpected death, Marla Porter <br />requests that the January, 2008 payment, or at least the 2007 accmed interest, be waived and forgiven. <br />In the event and to the extent that you are not willing to .grant this re1iet~ Marla requests a one year <br />deferral of payment on the loan contract while the estate affairs are being settled. <br /> <br />'--.-' <br /> <br />I represent Marla Porter as the Personal Representative of the Estate of William Porter, a/k/a <br />Bill Porter. As you may know, Bill Porter was killed in .a tragic accident on the Porter Ranch on <br />June 8, 2006. Tne estate involves a number of complex issues, including valuation and allocation <br />issues. Bill was the moving force behind the reservoir and ranch. operations and the family's sudden <br />loss of his energy and expertise has required a transition in the operations which has been difficult in- <br />many ways, including it's impact on cash flow. In connection. with finalizing the estate tax refum, <br />various decisions will be made regarding the mechanics of servicing the _ above referenced- loan <br />contract. <br /> <br />Dear Board Members <br /> <br />Re: <br /> <br />Loan Contract No. C 150 116 <br />Estate of Bill Porter <br />OUf File #12534 <br /> <br />Attn. c;;:!t",,,,,,n "Q;nnrlt"\ <br />~ ....."'............ '-',,'"" V V.IJ -LJ....v..&...&.\",.I..V <br />Colorado Conservation Board <br />Department of Natural Resources <br />1580 Logan Street, Suite 750 <br />Denver. CO 80203 <br /> <br />KELLY CAVE <br />kelly@dankerstpc.com <br /> <br />December 28, <br /> <br />823 BlAKE AVENUE, SUITE 202 <br />GLENWOOD SPRINGS. 'COLORADO 81601 <br />TELEPHONE: (970) 945-2447 <br />FACSIMILE: (970) 945-2440 <br /> <br />2007 <br /> <br />, <br /> <br />ATTORNEYS <br /> <br />DAN KERST <br />dan@dankerstpc.com <br /> <br />DAN KERST, P~C. <br />A PROFESSIONAL CORPORATION <br />ATTORNEYS AT LAW <br /> <br />PARALEGAL <br /> <br />ELISABETH GETZEN <br />egetzen@dankerstpc.com <br /> <br />!D <br />
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