Laserfiche WebLink
Orphan VVell.s of Wiggins, LI,C <br />September 2I , 201 1 <br />Pa�e 2 of 2 <br />CVJC,B will deduct the Campany's nlinimuin principal payment of $213,000, or larger <br />payment received, from its current loan balance of �1,048,077.04, and will amend the <br />contract Prozn.issory Note ta reflect thc new loan balance and adjusted annual payment. <br />CWCB will also amend the [oan contract to reflect the cliange in collateral stated above. <br />CWCB's standard amendment fee of $1,000 will nat be charged. The Company's tirst loan <br />paymen#, as identi�ed on the amended Promissory Note, will l�e due on March l, 2012. <br />Flease note that the minimum principal payment identi#ied, add�tianal easement infoimatio��. <br />reyuested, and the pledge of water ri.�hts must be executed and in-place pr.ior to CWCB tenninating <br />the terms and conditions under tl�►e original co�atract. <br />I've attach�.rl an upda#ed board memo, dated September 21, 201 l, that includes the minutes fram the <br />13oard meeting. <br />Your continued efforts to make the Company's augmentatian plan and project a success are <br />commendable. I'm hopeful ihat the a�;ree�l contract changes give the Company the op}�ortunity ta <br />benefit from its many years of hard work and moneta,ry investtnent. <br />lf you have any questions, please do not hesitai:e to call me at 303-61 �-SU10. <br />Sincerely, <br />�''��� <br />`�:- <br />�,�y dpy� <br />�.Jfd � �' " Y.w �� x�w <br />Y f' <br />Tirn ��ceh�#i, P.E. <br />Chief, � i���ance Section <br />Capy: Vaugh�� M.cWilliams, CWC�3 Contract Mana�;er <br />Steve Biondo, CWC�3 Account Manager <br />Kirk Russell, DESi.gn and Constructi�n Manager <br />� � <br />