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. <br /> RECEIVED <br /> V 4r4 <br /> Noy 04 2004 • <br /> Nw- <br /> Colorado Water Conser etfon Boar Groundwater Appropriators of the <br /> GA )IP South Platte River Basin Inc. <br /> P.O. Box 974 • 219 E.Railroad Ave. <br /> Fort Morgan,Colorado 80701 <br /> 970-867-5298 <br /> November 3, 2004 <br /> Mike Serlet,P.E. <br /> Colorado Water Conservation Board <br /> 1313 Sherman Street, Room 721 <br /> Denver, Colorado 80203 <br /> Dear Mr. Serlet: <br /> This is to inform you that due to changes in circumstances, GASP will no longer be seeking <br /> funding for the Ovid Reservoir Project near Ovid, Colorado. De-authorization of the$1,700,000 <br /> loan that has been set aside for our purposes is requested. III <br /> You should be further advised that GASP has assisted in the creation of the Ovid Reservoir <br /> Company and it will be the roll of that organization to seek funding and proceed with the project. <br /> You should therefore expect an application for funds from them. Articles of Incorporation for the <br /> Ovid Reservoir Company have been prepared and will be filed with the proper offices of the <br /> State of Colorado soon. <br /> Thank you for your input and assistance in this matter. <br /> Respectfully yours, <br /> 41 j <br /> Jack Odor, GASP Manager <br /> Ill <br />