ALP 13

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Elsel, Leo
From: Feehan, Tim [[e-mail]]
Sent: Wednesday, September 23, 2009 10:03 AM
To: Eisel, Leo
Subject: Re: Phasel ALP letter proposal 09_17_09.PDF
Leo,
I'm currently tied up at a staff meeting, but will call before lunch to discuss your comments.
Thanks.
Tim
From: Eisel, Leo
To: Feehan, Tim; Chavez, Laura
Cc: Seaholm, Randy
Sent: Wed Sep 23 10:01:26 2009
Subject: RE: Phasel ALP letter proposal 09_17_09.PDF
Hi Tim: Thank you for the good comments. Please see some additional questions below in red. Thanks. Leo
From: Feehan, Tim [mailto:Tim.Feehan @state.co.us]
Sent: Tuesday, September 22, 2009 1:10 PM
To: Chavez, Laura
Cc: Seaholm, Randy; Eisel, Leo
Subject: RE: Phasel ALP letter proposal 09_17_09.PDF
Laura,
The proposal looks good and it addresses the major points we identified. I have just a few comments
presented below:
• One of the key questions that needs to be addressed was; absent of local entities to help to pay for the
state's water, should the state purchase its allocation in full or in part or allow the water to revert to
USBR for redistribution to the Tribes. If the state allows it allocation to revert to the Tribes, would the
Tribes sell all or a portion of that water back to the state for resale to Colorado users under a separate
agreement. Given our budget limitations, I think the buy back agreement with the tribe can be
addressed in Phase II of this project. If it's possible, given our limited project budget, I would like to
address financing all or portion of the state's allocation from USBR and through the CWCB Loan
Program; what terms are available, interest rates, and potential payments. If the previous sentence is
referring to the arm of the decision tree in which the State buys all of part of its allocation and then
resells, I think that our tasks listed in the Financing Options Analysis and Marketing Analysis Tasks on
page 3 of our proposal speak to your questions. Maybe I am just misreading your comments. Any
additional information that could be collected during the completion of the this report that could be
used to assist in answering the buy back /agreement question with the tribe, would be beneficial. Your
last bullet item under Demand Survey does begin to address the larger question presented above.
9/23/2009