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<br />STATE OF COLORADO <br /> <br />~ <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 />June 25, 2008 <br /> <br />Bill Ritter Jr. <br />Governor <br /> <br />NOTICE OF PROJECT SUBST ANTrAL COMPLETION AND REPAYMENT <br /> <br />Harris D. Sherman <br />DNR Executive <br />Director <br /> <br />Mrs. Denice Wagner, Secretary <br />Bijou Irrigation District <br />P.O. Box 972 <br />Fort Morgan, CO 8080701 <br /> <br />Jennifer L. Gimbel <br />CWCB Director <br /> <br />Dan McAuliffe <br />CWCB Deputy <br />Director <br /> <br />Re: Contract Number C150199 - Empire Reservoir Spillway/Seepage Improvements <br /> <br />Dear Mrs. Wagner: <br /> <br />This letter is to advise you that the work described in the above referenced Contract was substantially completed as of <br />January 1,2008. <br /> <br />In accordance with the Contract, the Bijou Irrigation District owes $17,373.55 for interest during construction, as <br />calculated on the attached spreadsheet, due by July 14, 2008. Make your check payable to the Colorado Water Conservation <br />Board and include the loan contract number on the check. <br /> <br />As outlined in the Promissory Note, Appendix 2 of Contract, your first loan payment in the amount of 34,588.62 is due <br />on January 1, 2009. A 1% loan service of $7,168.00 was added to your principal balance $716,782.00, for a fmalloan balance of <br />$723,950.00. Please see the attached Loan Repayment Schedule and a copy of the Promissory Note. <br /> <br />In accordance with the Borrower's Liability Insurance Provision of the Contract, Paragraph A.6, please note that the <br />renewed insurance certificates need to be provided to the Colorado Water Conservation Board annually. <br /> <br />It has been a pleasure of the Colorado Water Conservation Board to work with the Bijou Irrigation District on the <br />successful completion of this project. Please call if you have any questions regarding this matter or if we can be of service to you <br />in the future. <br /> <br />Sill\' ;enlY, \), () r; ',\ <br />LX ~ (L'Ii- vA,,,,:>, <br /> <br />Mike Serlet, P .E. <br />Chief, Water Supply Planning and Finance Section <br /> <br />cc. Eric Wilkinson, CWCB Board Member <br />Water Supply Planning and Finance Section <br />Project file <br />Contract file <br /> <br />Contract Amount <br />Expended Amount <br /> <br />= $723,950.00 <br />= $723,950.00 <br /> <br />Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought Planning <br />