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STATE OF COLORADO <br />Colorado Water Conservation Board <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 />June 27, 2008 <br />Dennis Coryell, President <br />Republican River Water Conservation District <br />410 Main Street, Suite 8 <br />Wray, CO 80758 <br />RE: Compact Compliance Pipeline Project Loan <br />CWCB Contract #C150260 <br />Dear Mr. Coryell: <br />Bill Ritter, Jr <br />Governor <br />Hams D. Sherman <br />DNR Executive Director <br />Jennifer L. Gimbel <br />CWCB Director <br />Dan McAuliffe <br />CWCB Deputy Director <br />I am pleased to inform you that on May 29, 2008, House Bill 08 -1346, which includes CWCB loans <br />over $10 million was signed by Governor Ritter. Your loan request of $60,600,000 for costs of water <br />rights purchases, engineering design, and construction of the Compact Compliance Pipeline Project was <br />included in the Bill. <br />As you are aware, an executed contract must be in place before funds can be disbursed. Vaughn <br />McWilliams has initiated the loan contracting process and when all of the contract conditions are met <br />and the contract is executed the District may request loan funds to cover eligible project expenses. You <br />can contact Vaughn at (303) 866.3441x3227 regarding the status of the contract. <br />On behalf of the Board, I would like to thank you for your interest in a loan from the Colorado Water <br />Conservation Board. <br />Sincerely, <br />Kirk Russell, P.E., Loan Marketing <br />Water Supply Planning and Finance Section <br />Colorado Water Conservation Board <br />Copy: Vaughn McWilliams, CWCB Contracts <br />Water Supply Protection • Watershed Protection & Flood Mitigation • Stream & Lake Protection • Water Supply Planning & Finance <br />Water Conservation & Drought Planning • Intrastate Water Management & Development <br />