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DNR COLORADO <br /> CO Colorado Water <br /> .. Conservation Board <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 718 <br /> Denver, CO 80203 <br /> January 28, 2015 <br /> Marty Nieslanik, President <br /> East Mesa Water Company <br /> 977 County Road 101 <br /> Carbondale, CO 81623 <br /> Re: Ditch Piping Project Contract Number C150360 <br /> Mr. Nieslanik: <br /> I am pleased to inform you that on January 27, 2015, the Colorado Water Conservation Board <br /> approved a loan increase for the Ditch Piping Project of $202,000 ($200,000 for project costs <br /> and $2,000 for the 1% Loan Service Fee) for a total loan not to exceed $757,500 ($750,000 for <br /> project costs and $7,500 for the 1% Loan Service Fee). The loan terms shall remain 30 years at <br /> 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 /> Kirk Russell, P.E., Chief <br /> Finance Section <br /> Attachment: Updated Board Memo <br /> E-mail Copy (Including Attachments): Russ George, CWCB Board Member- Colorado River Basin <br /> OF Coto d <br /> P 303.866.3441 F 303.866.4474 www.cwcb.state.co.us N� -- o <br /> John W. Hickenlooper, Governor I Mike King, DNR Director I James Eklund,CWCB Director <br /> \+ N. *, <br /> *1s76*i <br />