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EXHIBIT D <br /> COLORADO WATER CONSERVATION BOARD <br /> CONSTRUCTION FUND <br /> 2007-2008 NON-REIMBURSABLE PROJECT APPLICATION <br /> 9. How much funding are you requesting? <br /> We are requesting the $100,000 from the Colorado Water Conservation Board to assist in the total <br /> project costs of$903,835 for Phase II of the project. <br /> A letter has been sent to all perspective project participants. In the letter, each project participant was <br /> requested to commit to $180,000 to the project with annual payments weighted heavily in the first two <br /> years and decreasing thereafter. Actual funding commitments may vary from the $180,000 amount. <br /> Other project participants will be billed on an annual basis for their committed project amount. <br /> The following is the letter sent out to project participants. Please note that the total budget figures have <br /> changed as more construction information became available. <br /> September 6, 2006 <br /> Dear: <br /> Construction projects all over the state have been delayed,relocated, rerouted,postponed or in some cases <br /> totally cancelled due to the location of a Fen Wetland. As you know, a"Fen" is a special type of wetland <br /> bog that cannot be mitigated according to the Corp of Engineers and the U.S. Fish and Wildlife Service <br /> guidelines. So, what is an entity to do? <br /> Aurora and Pueblo (the Pueblo Board of Water Works)have both experienced problems with"Fens" and <br /> you may have also. This led us to wonder if a fen could be moved- - -relocated to a nearby location,but <br /> out of the way of the current construction project. You might say- - - how can a fen be moved if you <br /> cannot fill a wetland. Well, we are not filling the wetland- - -we are moving a part of the wetland. That <br /> is right, we propose to move (piece by piece) a small portion(the fen portion) of a wetland area. Sounds <br /> impossible doesn't it? Here is what we have done thus far. <br /> We have set up a project study team consisting of representatives from the Corp of Engineers, the U.S. <br /> Fish and Wildlife Service, the U.S. Environmental Protection Agency, a water resources engineer, a water <br /> resources planner, and a field construction individual. The project team is headed by Dr. Brad Johnson, a <br /> professional wetland scientist and professor at Colorado State University. The water quality monitoring, <br /> daily field work and contract administration is being handled by Colorado Mountain College—Natural <br /> Resources Department. This ten member project team has received all the permits needed to physically <br /> move the fen material to a new receiver site, developed a conceptual design of the receiver site and a water <br /> supply, and developed a prototype of the piece of equipment that will be used to harvest the fen material. <br /> Colorado Mountain College—Rocky Mountain Fen Research Project <br />