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<br />f <br /> <br />Pagosa Area Water & Sanitation District <br />Dry Gulch Reservoir Land Acquisition Loan <br />January 30, 2008 <br />Page 2 of2 <br /> <br /> <br />C) Legislature Approval and Governor's Signature: The loan is included in the 2008 Water. <br />Projects Bill. lfthe bill is approved and signed by the Governor with the Compact <br />Compliance Pipeline Project loan included, funds are available for disbursement <br />pending loan contract execution. <br /> <br />d) Contracting: An approved contract must be in place before funds can be disbursed. <br />Vaughn McWilliams will initiate the loan contracting process for this project. When all <br />of the contract conditions are met and the contract is executed the District may request <br />loan funds to cover eligible project expenses. You can contact Vaughn at <br />(303)866.3462 regarding the requirements. <br /> <br />e) Design/Construction: You must adhere to the CWCB Design and Construction <br />Administration Procedures. Tim Feehan will contact you regarding this phase of the <br />process. Tim will make construction site visits, which will be the basis of pay estimates <br />for disbursement of your loan funds. You can contact Tim Feehan at his desk at <br />(303)866.3480 or cell phone (303)618.5010. <br /> <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 /> <br />Sincerely, <br /> <br />~ .--. ," <br />.., /.7 <br />( . / ! .. / <br />,...-/j; ~.."/.." j';' E~~ <br />.//;~; ",~~A.,."~/,~~,~~> ~~/ <br /> <br />r <br /> <br />; ....':. ( r <br /> <br />~. <br /> <br /> <br />. <br /> <br />Mike Serlet, P.E., Chief <br />Water Supply Planning and Finance Section <br />Colorado Water Conservation Board <br /> <br />Kirk Russell, P.E., Loan Marketing <br />Water Supply Planning and Finance Section <br />Colorado Water Conservation Board <br /> <br />Attachment: Updated Board Memo <br /> <br />E-mail Copy (Including Attachments) <br /> <br />Don Schwindt, Board Member - San Miguel, Dolores, Animas & San Juan River Basins <br />Amy Stengel, AGO <br />CWCB Finance Section Staff <br /> <br />. <br />