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<br />. <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313 Sherman Street <br />Denver, Colorado 80203 <br />Phone, (303) 866-3441 <br />fAX, 13031866-4474 <br /> <br />STATE OF COLOMDO <br /> <br />. <br /> <br />MEMORANDUM <br /> <br />Bill Owens <br />Governor <br />GregE. Walcher <br />Executive Director, DNR <br />Peter H. Evans <br />Director, ewCB <br /> <br />TO: <br />FROM: <br /> <br />Colorado Water Conservation Board Members <br /> <br />Mike Serlet, Section Chief, Construction Fund Section hi ( <br />Jan lilian, Contract Administrat~t~ jVi) <br /> <br />May 17, 1999 L.-(;l <br /> <br />Agenda Item 20(e) - May 24-25,1999, Board Meeting <br />Water Project Construction Loan Program <br />Contract Processing Status Report <br /> <br />DATE: <br />SUBJECT: <br /> <br />. <br /> <br />INTRODUCTION. This is a Status Report showing the contracts that have been completed since <br />March 1999, the status of contracts in process, and the projects awaiting contracts. Listed <br />below is a summary. <br /> <br />NUMBER OF <br />STATUS CONTRACTS AMOUNT <br /> <br />Contracts Completed in FY98 34 $ 6,783,990 <br /> <br />Contracts Completed in FY99 20 $ 1,183,633 <br /> <br />Contracts-in-Process 11 $ 11,016,000 <br /> <br />Contracts Awaiting Processing 67 $ 61,003,333 <br /> <br />CONTRACTS PAID IN FULL. Sincethe March 1999 meeting, there have been no loans paid in <br />full. <br /> <br />CONTRACTS COMPLETED. The following four contracts were completed since the March 1999 <br />meeting. <br /> <br />500,000 <br /> <br />50,000 <br /> <br />300,000 <br /> <br />500,000 <br /> <br />$ 1,350,000 <br /> <br />CONTRACTS IN PROCESS. The status of 11 contracts-in-process for approximately $11 million <br />is listed below. <br /> <br />. 1. Buffalo Mutual Irrigation Company, an amendment to increase the loan amount by <br />$71,000 to $453,250. The contract documents were sent to the company on April 22, <br />1999 for review. <br /> <br />1. Chatfield South Water District <br />2. Jefferson County <br />3. Leroux Creek Water Users Association <br />4 North Poudre Irrigation Company <br />