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` W meg, 50 Lundgren Boulevard•PO Box 13O•Gypsum,CO 81637 <br /> Telephone(970)52+-7688•facsimile(970)52+-7679•www.townofegypsum.com <br /> Memorandum <br /> To: Derek Johnson,P.E.,CWCB Water Project Loan Program <br /> CC: Jeff Shroll,Gypsum Town Manager <br /> From: Jim Hancock,Town Engineer <br /> Date: 10/18/2016 <br /> Re: CWCB Loan Contract C150296 for LEDE Ditch and Reservoir Upgrade Project <br /> Dear, Kirk, <br /> The Town of Gypsum requests a three-year extension to the above referenced loan <br /> contract, effective September 1, 2016, providing a new project finish date of <br /> September 1, 2017. <br /> As you are aware,the construction process for the LEDE reservoir expansion project <br /> has taken much longer than anticipated, mostly, due to the discovery of 60,000 cubic <br /> yards of unsuitable material which had to be removed from the proposed dam <br /> footprint. <br /> The dam is substantially complete and I anticipate we will begin to fill it yet this fall. <br /> Final reclamation will extend into 2017. <br /> Thank you for your time and consideration. <br /> Sincerely, <br /> mes L. Hancock, P.E. <br /> Town Engineer <br />