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<br />. <br /> <br />Pine River Irrigation District <br />13029 County Road 501 <br />Bayfield, CO 81122 <br />970-884-2558 <br /> <br />November 14, 2002 <br /> <br />Attn: Tim Feehan <br />Colorado Water Conservation Board <br />Water Planning & Finance Section <br />1580 Logan Street, Suite 750 <br />Denver, CO 80203 <br /> <br />RE: Loan Vallecito Water Company <br /> <br />Dear Mr. Freehan, <br /> <br />. <br /> <br />As I discussed with you on the phone this loan was for planning and a diversion for the <br />water company. The water company has been taken over by the county and there has <br />been no communication between the district and the county. <br /> <br />It is our recommendation that the loan be cancelled. <br /> <br />As discussed with you on the phone if the Pine River Irrigation District could secure <br />$300,000.00 to construct a diversion and measuring devise on the head works of the Pine <br />River Canal it would benefit the district greatly. <br /> <br />We understand this is a long shot and appreciate all the Colorado Water Conservation <br />Board has done for us. <br /> <br />Sincerely, <br /> <br /> <br />~J~ <br /> <br /> <br />Superintendent <br /> <br />. <br />