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C150367 Approval Letter
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C150367 Approval Letter
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Last modified
6/17/2015 11:56:45 AM
Creation date
10/1/2013 2:25:06 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
CT2015-007
C150367
Contractor Name
Lamar, City of
Contract Type
Loan
Water District
67
County
Prowers
Loan Projects - Doc Type
Approval Letter
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STATE OF COLORADO <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866 -3441 <br />Fax: (303) 866-4474 <br />www. c we b. state. co.us <br />September 30, 2013 <br />Josh Cichocki, Water /Wastewater Director <br />City of Lamar, Water Activity Enterprise <br />103 North Second Street <br />Lamar, CO 81052 <br />Re: Raw Water Transmission Line Project <br />Contract Number C 150367 <br />Mr. Cichocki: <br />John W. Hickenlooper <br />Governor <br />Mike King <br />DNR Executive Director <br />James Eklund <br />CWCB Director <br />I am pleased to inform you that on September 25, 2013 the Colorado Water Conservation Board <br />approved your loan request for the Raw Water Transmission Line Project as described in the <br />application and approved Loan Feasibility Study titled "Loan Feasibility Study for Raw Water <br />Transmission Line Replacement for The City of Lamar," dated July 24, 2013. The Board <br />approved a loan not to exceed $792,850 ($785,000 for project costs and $7,850 for the 1% Loan <br />Service Fee). The loan terms shall be 30 years at the low - income municipal rate of 2.25% per <br />annum. <br />I have attached a copy of the updated Board memo dated September 26, 2013, that includes the <br />Board's approval. <br />After the Board approves a loan there are a few steps that remain in the loan process including: <br />A) Contracting: An approved contract must be in place before funds can be disbursed. Peg <br />Mason will contact you to initiate the loan contracting process for this project. When all of <br />the contract conditions are met and the contract is executed the City may request loan funds <br />to cover eligible project expenses. You can reach Peg at (303) 866 -3441 x3227. <br />B) Desig-n/Construction: You must adhere to the CWCB Design and Construction <br />Administration Procedures. Anna Mauss will be the Project Manager for this phase of the <br />process. Anna will work with you on the disbursements of your loan funds. You can contact <br />her at (303) 866 -3441 x3224. <br />NOTE: No expenses incurred on any work performed prior to execution of the WSRA <br />Grant Contract will be eligible for reimbursement through the loan or grant. <br />Interstate & Federal • Watershed & Flood Protection • Stream & Lake Protection • Finance <br />Water Information • Water Conservation & Drought Planning • Water Supply Planning <br />
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