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DNR COLORADO <br /> CO j Colorado Water <br /> ' Conservation Board <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 721 <br /> Denver, CO 80203 <br /> November 21, 2014 <br /> Mr. Wayne Whittaker <br /> Pisgah Reservoir and Ditch Company <br /> 917 Elm Avenue <br /> Rocky Ford, CO 81067 <br /> Re: Mount Pisgah Dam/ Wrights Reservoir Outlet Works Rehabilitation Project <br /> Mr. Whittaker: <br /> I am pleased to inform you that on November 20, 2014, the Colorado Water Conservation Board approved <br /> a loan increase for the Mount Pisgah Dam/ Wrights Reservoir Outlet Works Rehabilitation Project <br /> of $386,133 ($382,310 for project costs and $3,823 for the 1% Loan Service Fee) for a total loan <br /> not to exceed $549,091 ($543,655 for project costs and $5,437 for the 1% Loan Service Fee). <br /> The loan terms shall remain 30 years at 1.75% per annum. <br /> As you are aware, an amended contract must be in place before the additional funds can be <br /> disbursed. Peg Mason will initiate the loan amendment process. You can contact Peg at (303) 866- <br /> 3441 x3227 regarding the status of the amendment. <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 /> 6....2„..(2k,- <br /> Kirk Russell, P.E., Chief <br /> Finance Section <br /> Attachment: Updated Board Memo <br /> E-mail Copy (Including Attachments): Alan Hamel, CWCB Board Member - Arkansas River Basin <br /> P 303.866.3441 F 303.866.4474 www.cwcb.state.co.us i��� <br /> John W. Hickenlooper, Governor I Mike King, DNR Director I James Eklund, CWCB Director 1\* , ; /*/ <br /> !876 . <br />