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<br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br /> <br />721 State Centennial Building <br />1313 Sberman Street <br />Denver, Colorado 80203 <br />PboDe(303) 866-3441 <br />F~ (303)866-4474 <br /> <br />. <br /> <br />Roy Romer <br />Governor <br /> <br />July 17, 1995 <br /> <br />James S. Lochhead <br />Executive Director. DNR <br /> <br />Daries C. We. P,E. <br />Director, eweR <br /> <br />Town of~ood <br />Attn:",~ Honorable June Estep <br />P:Ali~ox 528 <br />1f8'i\:.,ood, CO 81423 <br /> <br />SUBJECT: FEASIBILITY STUDY lOAN <br /> <br />Dear Mayor Estep: <br /> <br />Enclosed is the executed loan contract in the amount of $7,500 for the Feasibility Study! <br /> <br />Also included is an amortization schedule showing for the repayment of the loan. The first <br />payment will be due approximately one year after you receive the $7,500 loan funds, around <br />the August 1, 1996. We will notify you each year when the loan payment is due. <br /> <br />Please contact Bill Green about submitting your bills for reimbursement of feasibility study <br />expenses. <br /> <br />The contract for the reservoir project is being worked on this week. We are working with <br />Dennis DeVore of the State land Board to come up with a clause regqrding the reversion of <br />the leased land to CWCB in the event of default. I will keep you posted on its progress. <br /> <br />Please let me know if you have any questions regarding either the feasibility study contract <br />or the project contract. . <br /> <br />cc: <br /> <br /> <br />...~espectfully, <br />/" "\ <br /> <br />./ ,\cu.( <br />\ I <br />'--- J~n lIIian <br /> <br />enclosure: loan Contract <br />