Laserfiche WebLink
<br />- <br /> <br />Colorado Water Conservation Board <br />October 29, 1992 <br />Page 4 <br /> <br />our operations, <br /> <br />The Town must be in a position to build capital reserves. They <br />will be surely needed. Phases II and III are pending and the Town <br />needs to build reserves to apply for matching fund grants. Our <br />exi sting debt of $700,000 wi t.h an addi t.i onal $370,000 in loans <br />brings our total indebt.edness to $1,070,000, maximizing our <br />borrowing pot.ential. <br /> <br />I hope this helps to clarify our position. <br />considerat.ion t.o our loan request. <br /> <br />Thank you for your <br /> <br /> <br />-~ <br /> <br />