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BOARD00953
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Last modified
8/16/2009 2:56:14 PM
Creation date
10/4/2006 6:47:19 AM
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Template:
Board Meetings
Board Meeting Date
1/26/2000
Description
CF Section - Changes in Existing Loans - Windsor Reservoir and Canal Company - System Rehabilitation Projects
Board Meetings - Doc Type
Memo
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<br />'!'----., <br /> <br />, <br /> <br />THE WINDSOR RESERVOIR AND CANAL COMPANY <br />P,O. BOX 206 <br />EATON, COLORADO 80615 <br /> <br />. <br /> <br />January 19, 2000 <br /> <br />Mr. William R. Green, P.E. <br />Colorado Water Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br /> <br />Re: Loan Request for Reservoir No.8, No.8 Annex and Elder Reservoir <br /> <br />Dear Mr. Green: <br /> <br />The Windsor Reservoir and Canal Company is formally requesting funding from The Colorado <br />Water Conservation Board for the rehabilitation of the outlets on Windsor Reservoir No.8, No. <br />8 Annex, and Elder Reservoir. For the alternatives chosen by the Company, we are estimating <br />a total project cost of $1,788,000, not including interest. Funding for these projects will raise the <br />level of assessments approximately $105 per share of stock. This raise in level of assessment is <br />similar to increases the Company has absorbed in recent years for other rehabilitation projects. . . <br /> <br />A Feasibility Study was completed on these project in 1996 and was reviewed and approved by <br />CWCB staff at that time. Revisions to the study to update the costs will be transmitted to you <br />directly by SMITH GEOTECHNICAL. <br /> <br />We request your further consideration and approval of funding for the projects. Your time and <br />effort in considering our request is greatly appreciated. If you have any questions, please feel free <br />to call our secretary-treasurer Mr. Don Engel or Mr. Duane H. Smith of SMITH <br />GEOTECHNICAL. <br /> <br />Sincerely, <br />The Windsor Reservoir and Canal Company <br /> <br />~df .f:iuo~I <br />Elmer R. Gustafson, PreSJtlent . - <br /> <br />. <br />
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