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<br /> <br />STArrE OF COLORADO <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) 866-4474 <br />www.cwcb.state.co.us <br /> <br /> <br />Bill Owens <br />Governor <br /> <br />December 4, 2002 <br /> <br />Greg E. Walcher <br />Executive Director <br /> <br />Rod Kuharlch <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />Mr. Don Van Wormer, Town Manager <br />Town of Kremmling <br />P.O. Box 538 <br />Kremmling, CO 80459-0538 <br /> <br />RE: Raw Water Supply System <br />Loan Approval <br /> <br />Dear Don, <br /> <br />I am pleased to inform you that the Colorado Water Conservation Board (C\NCB) has <br />approved your request for a Small Project Loan from the Construction Fund. I understand <br />the loan will be used to construct an alternative water supply system. <br /> <br />The Board approved a loan in a maximum amount of $1,000,000. The loan terms are <br />4.25% for 30 years. I have attached a copy of the updated Board memo concerning the <br />Town of Kremmling. Please refer to page 4 of that memo and to the section "Action taken <br />by the.CWCS November 26,2002." <br /> <br />When the Board approves a loan there remain several conditions: <br /> <br />a) A Feasibilitv Study is reauired. John Van Sciver has reviewed the study titled <br />"Feasibility of Constructing a Raw Water Delivery System for the Town of Kremmling" <br />prepared by the Town. The report meetsthe requirements of the CWCB Construction <br />Fund Guidelines for feasibility studies. <br />