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April 9, 2009 <br />Mr. Mike Serlet, Section Chief <br />CWCB Water Supply Planning 8� Finance Section <br />1580 Logan St. Suite 750 <br />Denver, CO 80203 <br />������ <br />qPR �� <br />� j 3 2 �09 <br />��,w�, <br />e° �'v► <br />Dear Mr. Serlet, <br />Thank you for your letter of March 4, 2009 outlining factors for DWCD to consider <br />with regard to the non-disbursed funds associated with contract #C-150193. <br />After careful consideration of the information you provided, we have concluded that <br />de-authorization of the non-disbursed portion of the loan is an appropriate action on <br />the part of CWCB. <br />The CWCB loan fund has been an extremely valuable resource to DWCD. We <br />agree that starting through the process with a new application is the best way for us <br />to meet our future needs for CWCB financial assistance. <br />I would also like to express our appreciation for the timely and professional <br />assistance provided by you and your staff in the process of paying off our obligatibns <br />on the above referenced loan contract. <br />Sincerely yours, <br />i� r <br />Michael Preston, General Manager <br />Dolores Water Conservancy District <br />