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I W~c~ <br />Guosum. <br />1o u,ndgu, ~~l~a~d • Po ao,~ ~30 • GyPsum, co ai637 <br />TelePhane (9qo} 524-7"jl4 • I'acsimile (97o}~2r..JS22 • www•towno~paum.cam <br />Kirk Russell <br />Colorado Water Conservation Board <br />1580 Logan St., suite ~so RECEIVED <br />Denver, CO 80203 <br />Via~ederalExpress A~'~ - 2 2009 <br />RE: CWCB Loan Application and Feasibility Study Colorado Water <br />Conseroztion Board <br />Dear Kirk: <br />Enclosed please find a CWCB Loan Application and Loan Feasibility Study for the Town <br />of Gypsum. The applica.tion is for a loan in the amount of $2,662,400, t0 a351St G~SUlll <br />in repairs and increasing capacity far the LEDE Ditch and LEDE Reservoir on Gypsum <br />Creek The Town seeks the loan at a 2.5% interest rate because the involved absolute <br />water rights are decreed only for urigation use, and the Toum has various irrigation <br />obligations for this water. In addition, to the extent CVJCB ~will be administering any <br />funds under the American Recovery and Reinvestment Act, Gypsum requests that this <br />project be considered for such funds. <br />Please feel free to call me, or our water attorney, Ramsey Krop~ at Patrick Miller and <br />Krop~ P.C., with questions. Engineexing questions can be dixected to Tom Zancanalla, at <br />Zancanella & Associates. Their contact information is in the Loan Application. <br />Thank You and we look forwazd to working with you. <br />~~~~~r'~l <br />Jeff Shroll, Town Manager <br />ADMINISTKATION <br />Tewn Mana~er <br />Jcff 56m11 <br />Asst. Town Mana J¢er <br />!`rances Sare~a <br />Town C~er~c <br />Danette Schlegel <br />ance ~{~iccr <br />r~C Si~vert~orn <br />Sales Tax Auditor <br />Janice Buc~ce~ew <br />Code Enforccment <br />Anne ~sbenshade <br />