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<br /> <br />~ <br /> <br /> <br />~l <br /> <br />MAW <br />srrKf'E OF CC)LIORADO <br /> <br />. <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br /> <br />721 State Centennial Building <br />1113 Sherman Street <br />Denver, Colorado 80203 <br />Phone (303) 866-3441 <br />FAX (303) 8664474 <br /> <br />Roy Romer <br />Governor <br /> <br />James S. Lochhead <br />Executive Director, DNR <br /> <br />March 3, 1995 <br /> <br />Danes C. ute, P.E. <br />Director, CWCB <br /> <br />Mr. Rodger Gallegos <br />Ortiz Ditch Company <br />9950 State Highway 15 <br />La Jara, CO 81140 <br /> <br />RE: Rehabilitation of the Diversion Dam <br />Initial Loan Approval <br /> <br />Dear Mr. Gallegos, <br /> <br />Concerning your application for a loan from the Construction Fund, I am pleased to inform you <br />that the Colorado Water Conservation Board (CWCB) has decided to include your n~quest for a <br />$15,000 loan to refinance the cost of rehabilitation of the Ortiz Ditch Diversion Dam on the <br />Alamosa River in its recommendation to the Colorado General Assembly. <br /> <br />The CWCB also recommended a loan term of 10 years at an interest rate of 3.5%. I have <br />attached a copy of the updated Board memo concerning the Ortiz Ditch. Please refer to page 3 <br />of that memo and to the section "Action Taken by the CWCB, January 25, 1995". Your <br />Construction loan will be considered by the State General Assembly as part of the 1995 <br />Construction Fund Bill, with passage expected in May 1995. <br /> <br />The Board has given their initial recommendation subject to the following conditions: <br /> <br />~ <br /> <br />a. The CWCB loan may be used to pavofI(refinance) qualifying proiect costs which you <br />have incurred to rehabilitate your diversion dam on the Alamosa River provided you <br />provide us with a set of as-built drawings and a complete description of the project. <br />Please contact Mike Serlet at (303) 866-3441. <br />