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Sharon Seaworth <br /> From: Hernandez - DNR,Jonathan <jonathan.hernandez@state.co.us> <br /> Sent: Monday, February 6, 2017 9:40 AM <br /> To: Sharon Seaworth <br /> Cc: Chrys Hinze; rhslosson@gmail.com; Scott Hummer; Nels Nelson; Steve Biondo - DNR <br /> Subject: Re: FCRID payment <br /> Attachments: North Poudre 368 Exp IDC.pdf <br /> Sharon, <br /> The current balance on the Emergency Fossil Creek Reservoir Inlet Diversion Structure Repair, Contract# <br /> CT2015-024 (C150368), including the 1% service fee is $771,174.77. Interest will begin accruing on November <br /> 1, 2018 and the first annual payment will be due on November 1, 2019. <br /> In accordance with the amended contract, Section 7, Additional Conditions & Contract Requirements, <br /> Appendix 1, Page 2 reads: Except for FEMA grant funds, any future grand funds obtained for the purpose of <br /> this Project shall be submitted to CWCB to be applied to the balance of the loan within thirty (30) calendar <br /> days after receipt of said funds. Non-rescinded FEMA grant funds shall be applied to the balance of the loan <br /> within thirty (30) calendar days after FEMA Project Closeout, as long as the borrower deposits received FEMA <br /> grant funds in a secured account prior to Project Closeout. FEMA grant funds shall only be used for the <br /> repayment of rescinded grant funds, or to pay down the loan principal. <br /> Therefore please submit any principal prepayments as applicable. The check should be sent to: <br /> =M 0iAC% <br /> Colorado Water Conservation Board P <br /> Attn: Steve Biondo A <br /> 1313 Sherman St, Rm 718 <br /> Denver, CO 80203 BY. <br /> Please include the contract number CT2015-024 (C150368) on the check and a note explaining what the check <br /> is for(eg. FEMA principal prepayment). <br /> Thank- you, and please don't hesitate to contact Steve or free should you have any questions. <br /> Jonathan Hernandez, P.E. <br /> Water Project Loan Program <br /> Finance Section <br /> X <br /> 0 303.866.3441 x32341 C 720.376.3406 <br /> 1313 Sherman St., Rm. 718, Denver, CO 80203 <br /> ionathan.hernandez@state.co.us I cwcb.state.co.us <br /> On Sun, Feb 5, 2017 at 1:59 PM, Sharon Seaworth<sseaworth(a®npicwater.com> wrote: <br /> 1 <br />