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Sanchez Ditch & Reservoir Company <br /> RR I Box 215 <br /> San Acacio, Colorado 81151 <br /> 719-672- 3963 <br /> March 6,2017 <br /> Anna Mauss,P.E. <br /> Colorado Water Conservation Board <br /> 1313 Sherman St.#718 <br /> Denver,Colorado 80203 <br /> Re: Request for additional time for Loan Contract CT2015-012 <br /> Dear Ms. Mauss, <br /> Sanchez Ditch and Reservoir Company is requesting additional time for performance for loan contract CT2015-2012. <br /> The loan was to make safety and operational improvements to the outlet works at Sanchez Reservoir and to conduct <br /> additional seepage monitoring work as a result of the State Engineer's Office requirements. The outlet works portion of <br /> the project was a success and the gate system work is complete. The seepage monitoring is ongoing. Our engineer, <br /> AECOM,began geophysical investigations in the spring of 2016. AECOM is evaluating the information gathered as part <br /> of the initial investigation and has recommended additional monitoring as the reservoir fills during the runoff season. In <br /> order in install additional monitoring devices,gather data,and make recommendations based on the information <br /> collected,the Company is requesting a loan extension until September 1,2018. <br /> Sincerely, <br /> Keith Caldon,President <br />