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McDonald Ditch Company <br />McDonald Ditch Diversion and Headgate Replacement Project <br />October 1, 2013 <br />Page 2 of 2 <br />On behalf of the Board, I would like to thank you for your interest in a loan from the Colorado <br />Water Conservation Board. <br />Sincerely, <br />l� <br />Kirk Russell, P.E., Chief <br />Finance & Administration Section <br />Colorado Water Conservation Board <br />Attachment: Updated Board Memo <br />E -mail Copy (Including Attachments) <br />Travis Smith, CWCB Board Member — Rio Grande River Basin <br />CWCB Finance Section Staff <br />