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<br /> <br />November 8, 2002 <br /> <br />Groundwater Appropriators of the <br /> <br />South Platte River Basin Inc. <br /> <br />P. o. Box 974.219 E. Railroad Ave. <br />Fort Morgan, Colorado 80701 <br />970-867-5298 <br /> <br />John VanSciver <br />CWCB Marketing and Applications <br />1580 Logan Street, Suite 750 <br />Denver, CO 80203 <br /> <br />Dear Mr. VanSciver: <br /> <br />I am in receipt of your letter of November 6, 2002 concerning the loan authorization for <br />GASP, Please be advised that GASP intends to proceed with the Ovid Reservoir project <br />and wishes the loan authorization to be extended fOf an additional year. <br /> <br />Currently, GASP has progressed on the project as follows: <br /> <br /> A- <br /> S. <br />e C. <br /> D. <br /> E, <br /> <br />A water right has been obtained in water court, <br />Contracts with the irrigation district that will carry <br />the water has been finalized. <br />Land purchases are in negotiations and should be <br />finalized within the next 60 days, <br />The instructions to proceed with design and building <br />documents will be given as soon as land purchases are finaL <br />Construction should start in the fall of2003 with a six month <br />construction time. <br /> <br />As you are aware, the project description has expanded since the original estimates were <br />made and additional funds will be requested at a later time. I hope this information is <br />sufficient for your purposes and I hope you will let me know if you require more. Thank <br />you, <br /> <br />Respectfully yours, <br /> <br /> <br />~ <br /> <br />Cc: Dennis Montgomery <br /> <br />e <br />