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<br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br /> <br />721 Centennial Building <br />131 3 Sherman Street <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br /> <br />Roy Romer <br />Governor <br /> <br />September 30, 1997 <br /> <br />James S. Lochhead <br />Executive Director, DNR <br /> <br />Daries C. Lile, P.E. <br />Director. CWCB <br /> <br />Mr. Wesley Eck <br />Colorado Water Protective & <br />Development Association <br />PO Box 604 <br />La Junta, CO 81050 <br /> <br />I <br />Dear Mr. Eck: i <br /> <br />Enclosed are the draft loan contract documents for your review. Listed below <br />are the documents that are included in this transmittal as well as docurhents that <br />will be necessary when the contract is to be executed. <br /> <br />. Loan Contract. <br /> <br />. Appendix A - The Scope of Study, as provided by your association. <br /> <br />. Appendix B - Resolution Letter; provided by the Board of Directors, <br />establishing the authority to take the required actions to receive the loan as <br />requested. Please see Paragraph 4, page 2, of the Loan Contract. <br /> <br />. Appendix C - Promissory Note, as defined in Paragraph 6, page 3 of the Loan <br />I <br />Contract, sets forth the terms of repayment of the loan. i <br /> <br />. Appendix D - Revision letter - Allows for possible changes. specific11Y <br />relating to decreasing the final amount of the loan or extending the :date of <br />the study, to be addressed in a simplified revision form, per paragraph 8, <br />pages 3 and 4 of the Loan Contract. I <br /> <br />. Appendix E - Collateral - A Certificate of Deposit is to be establishe1d and <br />assigned to the state, as collateral, per paragraph 9, subparagraph 1, page 4 <br />of the Loan Contract. <br />