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J �� r • <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado SU203 <br />Phone: c303) 866-34J1 <br />FAX: 001866-4474 <br />%VWW.0VCl).Std1e.co.us <br />March 5, 2001 <br />Ms. Laurie Mathews, Director <br />Colorado State Parks <br />1313 Sherman Street, Room 618 <br />Denver, Colorado 80203 <br />STATE COODLORADO <br />Re: Jackson Lake Dam Rehabilitation Project Loan <br />Dear Ms> ews. <br />Please be advised that, at the January 24, 2001 meeting of the Colorado Water <br />Conservation Board, the Board recommended a Construction Fund loan of up to <br />S 1,700,000 to the Colorado Division of Parks and Outdoor Recreation for the Jackson <br />Lake Dam Rehabilitation Project. The loan is for 30 years without interest. <br />8;11 Cmens <br />Gov;,rnnr <br />&Pg 'r.. kNalche" <br />Executive Dire :UN <br />Rrd Kuhancl' <br />C%GCB Dlreaor <br />D� n Nkwulire <br />Deputy Director <br />The Board's action on the S 1,700,000 loan request will be included in the year 2001 <br />CWCB Water Projects Bill and is subject to authorization by the General Assembly. if <br />authorized by the General Assembly, the loan funds should be available in June of 2001. <br />The Board's recommendation for funding is conditioned upon the following: <br />I . The design of the project is approved by the State Engineer's Office; <br />2. Any required permits are obtained; <br />3. State Parks and the Jackson Lake Reservoir and Irrigation Company will enter into a <br />revised lease agreement for Jackson Lake State Park; and <br />4. As collateral for the loan, Parks will pledge the special account that has been <br />established for repayment of the loan with the Office of the State Treasurer as well a� <br />any and all other revenues which may be required for loan repayment. <br />Please coordinate with Linda Bassi of the Attorneys General's Office on all matters <br />related to contracting. She will be responsible for drafting and processing of contract <br />documents. No finds may be disbursed until a fully executed contract is in place. <br />Tim Feehan of this office will be responsible for reviewing the project plans and <br />specifications and for all matters related to project construction including approval of <br />Flood Protection • Water Project Planning and Financing • Stream and Lake Protection <br />Water Supply Protection . Conservation Planning <br />