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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 />February 5, 2001 <br />Mr. Dave Echter, Board Director <br />Kenosha Trout Club <br />9180 W. 52"d Ave. <br />Arvada, CO 80002 <br />Dear Dave, <br /> <br />Bill Owens <br />Governor <br />Greg E. ~Nalcher <br />Executive Director <br />I:od Kuharich <br />Cbv'CB Director <br />Dan Mc4uliffe <br />Deputy Director <br />RE: Dam Rehabilitation and Augmentation <br />Water Purchase <br />Loan Recommendation <br />I am pleased to inform you that the Colorado Water Conservation Board (CWCB) has <br />recommended your loan to the General Assembly for approval. Your loan request will be <br />included in the Board's year 2001 Water Project Construction Bill. Loan funds will be <br />authorized in May 2001, once the Governor has signed the bill. I understand the loan will <br />be used to rehabilitate the dam on Lininger Lake, and to purchase augmentation water to <br />make up for evaporation from the lake's surface. <br />The Board approved a Loan from the Severance Tax Perpetual Base Account in a <br />maximum amount of $551,250. The loan terms are 5.5% for 30 years. I have attached a <br />copy of the updated Board memo concerning the Kenosha Trout Club. Please refer to <br />page 4 of that memo and to the section "Action taken by the CWCB January 24, 2001." <br />When the Board recommends a loan from the Severance Tax Perpetual Base Account, <br />there remain several conditions: <br />a) A Feasibility Study is required. Leonard Rice Consulting Water Engineers has <br />completed a final draft of the study. John Van Sciver of our staff will work with <br />Leonard Rice to finalize the study. The CWCB will need 2 copies of the final report. . <br />b) An approved contract must be in glace before funds can be advanced for this loan. <br />Jan Illian has placed this project on our contracting "hot list" and has initiated the loan <br />contracting process. Our goal is to have the loan contract signed by all parties, as <br />soon as possible following approval by the General Assembly. <br />Flood Protection • Water Project Planning and Financing • Stream and Lake Protection <br />Water Supply Protection • Conservation Planning <br />