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DNR COLORADO <br /> 411* <br /> CO Colorado Water <br /> Conservation Board <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 718 <br /> Denver, CO 80203 <br /> February 1, 2016 <br /> Robert Easton <br /> Bergen Ditch and Reservoir Company <br /> 9329 Lark Sparrow Trail <br /> Highlands Ranch, CO 80126 <br /> Re: Bergen Reservoir No. 02 Rehabilitation Project (CT2015-017/ C150344) <br /> Mr. Easton: <br /> I am pleased to inform you that on January 26, 2016, the Colorado Water Conservation Board <br /> approved a loan increase for the Bergen Reservoir No. 02 Rehabilitation Project of $91,102 <br /> ($90,200 for Project cost and $902 for the 1% Loan Service Fee), for a total loan not to exceed <br /> $2,111,102 ($2,090,200 for Project cost and $20,902 for the 1% Loan Service Fee). The loan <br /> terms shall remain 30 years at 3.15% per annum. <br /> I have attached a copy of the updated Board memo dated January 27, 2016 that includes the Board's <br /> approval. <br /> As you are aware, an amended contract must be in place before the additional funds can be <br /> disbursed. Peg Mason, Loan Contracts Manager, will initiate the loan amendment process. You can <br /> contact Peg at (303) 866-3441 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 CWCB. <br /> Sincerely, <br /> V'e <br /> Kirk Russell, P.E., Chief <br /> Finance Section <br /> Attachment: Updated Board Memo <br /> E-mail Copy (Including Attachments):Diane Hoppe, CWCB Board Member - South Platte River Basin <br /> (010 <br /> P 303.866.3441 F 303.866.4474 www.cwcb.state.co.us Ne o', <br /> John W. Hickenlooper, Governor I Mike King, DNR Director I James Eklund, CWCB Director <br /> 1876 <br />