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<br />e <br /> <br />e <br /> <br />e <br /> <br />7. <br /> <br />Water Project Construction Loan Program - Review of Estimate of Funds Available <br />for New Projects in 1997 <br />Tape 1, Start/Stop: 3170 - 3885 <br />Action: No action was taken on this item. <br /> <br />8a. Water Project Construction Loan Program - Emergency Infrastructure Repair <br />Account - Consolidated Extension Canal Co. <br />Tape 1, Start/Stop: 3885 - 4553 <br />Action: A motion was made by David Harrison that the Board accept the staff <br />recommendation that an emergency loan in the amount of $300,000 be <br />approved for the Extension Canal Company to rehabilitate the Company's <br />siphon under the Purgatoire River, with financing terms at a rate of 3.75% <br />for a 30 year loan, omitting item number I of the staff recommendations, <br />and with the addition of a general clause requiring assurance that Public <br />Service Company will pass through to its lessees the basic benefit of this <br />loan in paying off the siphon. The motion was seconded by Alan Hamel <br />and approved unanimously (l0-0). <br /> <br />8b. <br /> <br />Water Project Construction Loan Program - Emergency Infrastructure Repair <br />Account - Mancos Water Conservancy District <br />Tape 1, Start/Stop: 4553 - 4750 <br />Action: Janice Sheftel recused herself from this item. A motion was made by <br />Patricia Wells that the Board accept the staff recommendation that an <br />emergency loan in the amount of $62,500 be approved for the Mancos <br />Water Conservancy District to rehabilitate a portion of the inlet canal to <br />the Jackson Gulch Reservoir, with financing terms at a rate of 3.5% for a <br />20 year loan, but omitting item number I of the staff recommendations. <br />The motion was seconded by David Smith and approved unanimously (9- <br />0). <br /> <br />8c. Water Project Construction Loan Program - Emergency Infrastructure Repair <br />Account - Replenishment of the Account <br />Tape I, Start/Stop: 4750 - 4908 <br />Action: A motion was made by Janice Sheftel that the Board accept the staff <br />recommendation that the Board recommend to the General Assembly that <br />the balance in the Emergency Infrastructure Repair Account in the CWCB <br />Construction Fund be restored to the initial $2 million appropriation. The <br />motion was seconded by Alan Hamel and approved unanimously (l0-0). <br /> <br />9a. <br /> <br />Water Project Construction Loan Program - Requests for Approval for Revised <br />Loans on Approved Projects - Eagle Park Reservoir Co. <br />Tape 1, Start/Stop: 4910 - 6300 <br />Tape 2, Start/Stop: 0001 - 0687 <br /> <br />Minutes November 25-26, 1996 CWCB Meeting <br />