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<br />STATE OF COLOMDO <br /> <br />1313 Sherman Street, Rm. 518 <br />Denver, Colorario 80203 <br />Phonei303) J66-2iil <br />FAX (03) 866-2251 <br />TOO 1303) 866-5300 <br /> <br /> <br /> <br />DEPARTMENT OF LOCAL AFFAIRS <br /> <br />October 22, 1992 <br /> <br />Roy Romer <br />Governor <br /> <br />Larry Kallenberller <br />Executive Director <br /> <br />The Honorable June Estep <br />Mayor, Town of Norwood <br />P.O. Box 528 <br />Norwood, CO 81423 <br /> <br />RE: EIAF #2693 - Norwood Water Improvements - Phase I <br /> <br />Dear Mayor Estep: <br /> <br />The State Impact AssistancejCDBG Advisory Committee reviewed the town's <br />application at its recent meeting in Durango. Funding was recommended for the <br />project, and it was suggested that a portion of the funding be provided in the <br />form of a loan. <br /> <br />I concur with the committee's recommendation and am offering to enter into a <br />contract for a grant in the amount, of $250,000 and a loan in the amount of <br />$50,000 contingent on consolidation of the existing systems operated by the town <br />and Wrights Mesa Rural Water, and on the commitment of CWCB funds for the <br />balance of the project. I am willing to allow up to one year for these conditions <br />to be addressed. If they are not satisfied by October 31, 1993, my offer will <br />lapse. <br /> <br />Please contact Ken Charles at 247-7311 for information on how to proceed. As <br />you know, no state funds should be obligated before a grant contract is fully <br />executed. Expenditures made prior to the contract being fully executed may not <br />be reimbursed by the state. <br /> <br />Good luck with your project. Let us know if we can be of any assistance. <br /> <br />Sinc~!ery, ;' 'l / / <br />4),' .--.......vtf'/ I l- <br />I .: 1 .~ ---..../11/1. / ,.I <br />r; / /";'/-/f.. ; . /'1// <br />" / I J.l/-'c (.,i / ,liJ!//l'l/ <br />i tC!rl Y l\all8flow:ger " <br />executiVe Director <br /> <br />cc: Senator Sam Cassidy <br />Representative Steve Acquafresca <br />-Frank Akers, cwes <br />Leroy Cruz, FmHA <br />Ken Charles <br />