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STATE OF COLORADO <br /> Colorado Water Conservation Board <br /> Department of Natural Resources ov.�°lo ;l <br /> 1313 Sherman Street,Room 721 S <br /> Denver,Colorado 80203 <br /> Phone:(303)866-3441 0 k -",`") <br /> Fax:(303)866-4474 * *s/876* <br /> www.cwcb.state.co.us 9 <br /> May 23, 2014 <br /> John W.Hickenlooper <br /> Governor <br /> Mr. Terry Plumber, Vice President of Maintenance & Operations <br /> Left Hand Ditch Company Mike King <br /> p Y DNR Executive Director <br /> P.O. Box 229 <br /> Niwot CO 80544 James Eklund <br /> , CWCB Director <br /> Re: Allen Lake and Lake Isabella Repair Project C150336 <br /> Mr. Plumber: <br /> I am pleased to inform you that on May 22,2014,the Colorado Water Conservation Board <br /> approved your loan increase of$318,150 ($315, 000 for project costs and$3,150 for the 1% Loan <br /> Service Fee). The total Board approved loan shall not exceed$1,475,307 ($1,460,700 for project <br /> costs and $14,607 for the 1% Loan Service Fee). The loan terms shall be 2.45%per annum for <br /> 30 years. <br /> As you are aware, an amended contract must be in place before funds can be disbursed. Peg Mason <br /> will initiate the loan amendment process. You can contact Peg at(303) 866-3441 x3227 regarding <br /> the status of the amendment. <br /> I have attached a copy of the updated Board memo dated May 23, 2014,that includes the Board's <br /> approval. <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 /> dY-32•Qy, <br /> Kirk Russell,P.E., Chief <br /> Finance Section <br /> Colorado Water Conservation Board <br /> Attachment: Updated Board Memo <br /> E-mail Copy (Including Attachments) <br /> Diane Hoppe,CWCB Board Member—South Platte River Basin <br /> CWCB Finance Section Staff <br /> Interstate Compact Compliance•Watershed Protection•Flood Planning&Mitigation•Stream&Lake Protection <br /> Water Project Loans&Grants•Water Modeling•Conservation&Drought Planning•Water Supply Planning <br />