BOARD00400

• Board Meeting Date: 3/12/1996
• Description: Summary Minutes and Record of Decisions - March 12-13, 1996
• Board Meetings - Doc Type: Minutes

recommendation to find the Bravo Ditch Company eligible for a loan in the
amount of $51,700 to rehabilitate the Company's dibersion structure on the
South Platte River, at 4.25% for 30 years, contingent upon completion of the
feasibility study, with security being a collateral interest in the stream of
income derived from shareholder assessments. The Board also authorized
the staff to send a letter to the CSFA urging an extension of the loan. The
motion was seconded by David Meyring and approved unanimously (8-0).

4d. Tremont Mutual Ditch Co. - Diversion Structure Rehabilitation
Tape I, Start/Stop: 2508 - 2840
Action: A motion was made by David Smith that the Board accept the staff
recommendation to approve the loan for the Tremont Mutual Ditch Company
for $27,000, at a rate of 3.75% for 10 years, contingent upon completion of a
feasibility study, with security being a collateral interest in the stream of
income derived from shareholder assessments and from Pioneer Water and
Irrigation, Inc. Additional language was added to the last sentence, to read
"and from annual income from running fees from Pioneer Water and
Irrigation Inc." The motion was seconded by Eric Kuhn and approved
unanimously (8-0).

Sa. Water Project Construction Loan Program - Litigation - Handy Ditch Company
Tape I, Start/Stop: 2887 - 2972
Action: David Harrison recused himself from this item. A motion was made by Ray Wright
that the Board authorize the staff to sign the settlement agreement between
the plaintifs, the Handy Ditch Company, the Federal Government and the
CWCB. The motion was seconded by David Meyring and approved
unanimously (7-0).

6. Instream Flow Program - Statements of Opposition

6a. Case No. 2-95CW234; Upper Arkansas WCD (Texas Creek)
Tape I, Start/Stop: 2993 - 3160
Action: A motion was made by Ray Wright that the Board ratify the Statement of Oppostion,
and that the staff work out terms and conditions with the District. The
motion was seconded by Eric Kuhn and approved unanimously (8-0).

6b. Case No. 4-95CWI93; Skyland Metropolitan District (Slate River)
Tape I, Start/Stop: 3160 - 3249
Action:A motion was made by Patricia Wells that the Board ratify the Statement of
Opposition. The motion was seconded by Ray Wright and approved
unanimously (8-0).

6c. Case No. 4-95CW217; Aldasoro Ltd. (Deep Creek, San Miguel River)

Minutes March 12-13, 1996 CWCB Meeting