Laserfiche WebLink
1 <br /> • <br /> INCORPORATED UNDER THE LAWS OF THE STATE OF COLORADO <br /> TILTON LATERAL, INC. <br /> October 23, 2006 <br /> RECEIVED <br /> Colorado Water Conservation Board <br /> 1580 Logan Street, Room 750 2 6 2006 <br /> Denver, CO 80203 <br /> Colorado Water <br /> Conservation Board <br /> Subject: Loan C150066 <br /> Attn: Tim Feehan <br /> Dear Tim: <br /> Regarding our efforts to upgrade our lateral, as you are aware, the bids came in too high for the lateral to <br /> fund. We worked with NRCS after that to reconfigure the improvements to something more affordable, <br /> but after seeing the cost estimates for the reduced project, the members were uncomfortable taking on <br /> such a large financial commitment at the time. <br /> • The Lateral, at a special general meeting, voted the project down by a narrow margin. That being the <br /> case, the Tilton Lateral will not require the loan that CWCB had offered in the summer of 2002. We <br /> appreciate the efforts that CWCB provided to help us with this project, and look forward to doing so <br /> again, should we decide to pursue completing our system in pipe. <br /> You may release any funds earmarked for the Tilton Lateral. <br /> Sincerely, <br /> Janes Reaves, President, Tilton Lateral, Inc. <br /> I <br />