Laserfiche WebLink
,^ DNR COLORADO <br /> CO g Colorado Water <br /> ,.� Conservation Board <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 718 <br /> Denver, CO 80203 <br /> September 30, 2015 <br /> Mr. Jerred Hoffman, Superintendent <br /> Fort Lyon Canal Company <br /> 750 Bent Avenue <br /> Las Animas, CO 81054 <br /> Re: Replacement of the Horse Creek Flume <br /> Mr. Hoffman: <br /> I am pleased to inform you that on September 17, 2015, the Colorado Water Conservation Board approved <br /> your loan and grant request for the Replacement of the Horse Creek Flume as described in the <br /> application and approved Loan Feasibility Study titled "Feasibility Study for the Replacement of the <br /> Horse Creek Flume","dated July 8, 2015. The Board approved a loan not to exceed $1,629,130 <br /> ($1,613,000 for project costs and $16,130 for the 1% Loan Service Fee). The loan terms shall be 1.75% <br /> per annum for 30 years. The Board also approved a WSRA grant for up to $500,000 for eligible Project <br /> costs. <br /> After the Board approves a loan/grant there are a few steps that remain in the loan process including: <br /> Contracting: An executed loan and grant contract must be in place before work can begin on eligible <br /> project expenses. Peg Mason will contact you to initiate the contracting process; however, Peg can be <br /> reached at (303) 866-3441 x3227. <br /> Design/Construction: You must adhere to the CWCB Design and Construction Administration Procedures <br /> including an invitation to the Prebid, Preconstruction and Bid Opening meetings. Derek Johnson, P.E., will <br /> be the Project Manager and will work with you on the disbursements of your loan funds. He can be reached <br /> at (303) 866-3441 x3254. <br /> On behalf of the Board, I would like to thank you for your interest in loan and grant funding from the <br /> Colorado Water Conservation Board. <br /> ( ...6Q.,_ <br /> Sincerely, <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 /> % ' <br /> P 303.866.3441 F 303.866.4474 www.cwcb.state.co.us %i- , ■S, <br /> John W. Hickenlooper, Governor I Mike King, DNR Director I James Eklund, CWCB Director ,* °, '*1 <br /> a\* ,,, */ <br /> \-• 187-6`! <br />