BOARD00370

• Board Meeting Date: 1/27/1999
• Description: Summary Minutes and Record of Decisions - January 27-28, 1999 and Summary Minutes and Record of Decisions - March 8, 1999 Telephonic Meeting
• Board Meetings - Doc Type: Memo

lOco Water Project Construction Loan Program - General and Financial Matters-
Revisions to the Guidelines for Interest Rate Setting.
Tape 2, Start/Stop: 2633 - 2749
Action: A motion was made by Patricia Wells to accept the staff's proposed
recommendations, with one edit: in section (e), the language will be changed
to read "at the last regularly scheduled Board meeting." The motion was
seconded by Eric Kuhn and approved unanimously (10-0).

e

10d. Water Project Construction Loan Program - General and Financial Matters-
Annual Report.
Tape 2, Start/Stop: 2790 - 2894
Action: Informational item; no action taken.

IOe. Water Project Construction Loan Progrllm - General and Financial Matters - Long-
Term Financial Projection.
Tape 2, Start/Stop: 2894 - 3609
Action: Informational item; no action taken.

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12a.

e

Water Project Construction Loan Program - General and Financial Matters.
Tape 2, Start/Stop: 3609 - 3750
Action: The rest of this agenda item was taken together due to time constraints,
Informational items; no action taken.

Severance Tax Trust Fund Operational Account - FY 1999 Approved Projects and
FY 2000 Proposed Projects
Tape 2, Start/Stop: 2757 - 4561
Action: Janice Sheftel recused herself from voting on this item. A motion was made
by Patricia Wells that the Board approve the overall budget as presented,
authorize a change in the La Plata County expenditure to Marvel Springs if
it fits within the criteria, and to confirm consolidation of the Jefferson
County proposed two years of expenditures into this year's project funding.
The motion was seconded by Eric Kuhn. The motion was then amended to
state that the La Plata decision will be brought back to the March meeting
with further information on this project. The amended motion was approved
unanimously (9-0).

Water Project Construction Loan Program - Changes in Existing Loans - Woods
Lake Mutual Purposes ofthe Construction Fund
Tape 2, Start/Stop: 4599 - 5011
Tape 3, Start/Stop: 0001 - 0089
Action: A motion was made by Patricia Wells to accept the staff recommendation to
increase this loan in the amount of $270,000 for a total of $458,000, for a
term 000 years, for up to 83% of the total project cost, and at an interest

Minutes January 27-28, 1999
Page 5