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<br />23a. Water Project Construction Loan Program - Changes in Existing Loans - City of <br />Loveland <br />Tape 4, Start/Stop: 2461 - 3509 <br />Action: A motion was made by Patricia Wells to accept the staff recommendation to <br />recommend to the General Assembly an increase of $3,000,000 to the City of <br />Loveland's loan authorization for a total of $5,000,000 for design and <br />construction of the Green Ridge Glade Reservoir enlargement. For the <br />additional increment of funding, the term of the loan would be 10 years, and <br />the lending rate would be the Standard Municipal lending rate for 1999 <br />reduced by one-half of one percent. The loan would require parity with all <br />other debt of the water enterprise fund. The motion was seconded by Bob <br />Burr and approved unanimously (9-0). <br /> <br />23b. Water Project Construction Loan Program - Changes in Existing Loans - City of <br />Sterling <br />Tape 4, Start/Stop: 3512 - 4374 <br />Action: A motion was made by Eric Kuhn to accept the staffrecommendation to <br />recommend to the General Assembly an increase of $700,000 to the City of <br />Sterling's loan authorization for a total of $1,250,000 from the Construction <br />Fund. The terms and conditions of the loan will be established at the January <br />meeting. The motion was seconded by Patricia Wells and approved <br />unanimously (10-0). <br /> <br />23c. Water Project Construction Loan Program - Changes in Existing Loans - Ute Water <br />Conservancy District <br />Tape 4, Start/Stop: 4374 - 5184 <br />Action: A motion was made by Patricia Wells to accept the staff recommendation to <br />recommend to the General Assembly an increase of $9,600,000 from the <br />Construction Fund or the Severance Tax Trust Fund Perpetual Base Account <br />to the Ute Water Conservancy District's loan authorization for the Plateau <br />Creek Pipeline replacement project. For the additional increment of <br />fundingk the terms of the loan would be 30 years and the lending rate would <br />he the Standard Municipal lending rate for 1999. The loan would rquire <br />parity with all other debt of the District and would be contingent upon an <br />increase in the District's customer service charges as described in the CWCB <br />staff recommendation. The motion was seconded by Eric Kuhn and <br />approved unanimously (10-0). <br /> <br />23d. Water Project Construction Loan Program - Changes in Existing Loans - Horse <br />Creek Water Users Association <br />Tape 4, Start/Stop: 5374 - 6185 <br />Tape 5, Start/Stop: 0001 - 0555 <br /> <br />Minutes November 23-24, 1998 <br />