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<br />Beaver Reservoir Company - N, Thompson <br />Page 2 <br /> <br />March 5,1998 <br /> <br />e <br /> <br />As we discussed on the phone recently, your recollection was that the terms of the <br />feasibility study was $42,000 @ 0% for 40 years, not 30 years, In reviewing the Board's January <br />1994 meeting minutes and tape recording, there is no indication that the terms of the feasibility <br />study were changed from 30 years to 40 years. However, you can request this revision from the <br />Board at their May meeting to be held in Grand Junction, At that time you will also be given <br />another opportunity to explain your company's hardships and discuss your original request to re- <br />finance the project's IDC with the Board. <br /> <br />If you feel the need to present additional information to the CWCB for further <br />consideration regarding either of these matters, please refer your questions to Mike Serlet of my <br />staff at 303-866-3441, <br /> <br />Sincerely, <br /> <br />/1I~P~ <br /> <br />e <br /> <br />William P. Stanton, P.E, <br />Chief, Project Planning and Construction Section <br /> <br />Ce: CWCB Member: <br />Ray Werner <br />Construction Section Staff: <br />Mike Serlet <br />lan lllian <br />Attorney General Staff <br />Linda Bassi <br />DNR Accounting <br />Gerry Whyte <br />Shamaine AIi-Krauser <br /> <br />e <br />