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BOARD00681
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Last modified
8/16/2009 2:53:10 PM
Creation date
10/4/2006 6:42:56 AM
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Board Meetings
Board Meeting Date
1/26/2000
Description
CF Section - Changes in Existing Loans - Consolidated Mutual Water Company - Fortune Reservoir Project
Board Meetings - Doc Type
Memo
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<br />. <br /> <br /> <br />; ~SOLIDATED <br />tit mutual water <br /> <br /> <br />\--' <br />~,,~ \~~~ <br />\: os. '.; ".j:,,= ~~i~"~ do <br />._,,\t'I--......s...a! <br />'-.II.,:' a.'J.'"'' <br />"'Ot\~f'I <br />'" <br /> <br />November 29, 1999 <br /> <br />Mr. Mike Serlet, P.E. <br />Chief, Project Planning and Construction Section <br />Colorado Water Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br /> <br />Re: Possible Additional Funding For Fortune Reservoir <br /> <br />Dear Mike: <br /> <br />Based on recent discussions with you and other members of the Colorado Water <br />Conservation Board (CWCB) staff, it is our understanding the possibility exists that the <br />CWCB may have funds available that would allow us to extend the funding for Fortune <br />Reservoir to 75%. <br /> <br />e <br /> <br />We understand additional work would need to be done on the Feasibility Report recently <br />approved by Bill Green relative to the financial data. I believe we can do this in short <br />order and would not expect any other aspects of the Report to change. We are aware <br />that the interest rate on the additional funding would be a little higher than on our <br />current loan and that it would covered by a separate contract. The Board would need to <br />approve this funding at its January 2000 meeting and the funds would not be available <br />until the Legislature approves the appropriation in the spring. <br /> <br />We are very interested in pursuing the additional funding and would like to meet with <br />you to determine what needs to done to take advantage of this opportunity. Please call <br />me at (303) 238 - 0451 and advise me of our next step. <br /> <br />~eIY. <br /> <br /> <br />Wal~elton, PLS/PE <br />President <br /> <br />cc: <br /> <br />John W. Van Sciver, P.E., Colorado Water Conservation Board <br />William E. Green, P.E., Colorado Water Conservation Board <br />CMWCo Board of Directors <br />CMWCo Officers <br />Monte E. Edwardson, Water Supply and Treatment Manager <br />John J. Boyle, Capital Projects Manager <br /> <br />e <br /> <br />THE CONSOUDATED MUTUAL WATER COMPANY <br />12700 West 27th Avenue. P.O. Box. 150068 . Lakewood, Colorado 80215 <br />Telephone (303)238-0451' F"" (303)237-5560 <br />
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