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BOARD01142
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Last modified
8/16/2009 2:58:31 PM
Creation date
10/4/2006 6:50:33 AM
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Board Meetings
Board Meeting Date
1/25/2005
Description
Summary Minutes and Record of Decisions - November 16-17, 2004
Board Meetings - Doc Type
Memo
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<br />-appi'U}11~"kd funds ibr the; 3lau::widt; -yVale;1 5upply hlidauve (SWSl)':-'Motion was <br />approved 9-0. Russell George was not present. <br /> <br />. <br /> <br />17. <br /> <br />Water Supply Planning and Finance Additional Non-reimbursable Investments <br />a. Conservation Reserve Enhancements Program (CREP) <br />Tape 2, Track 1, <br />Action: A motion was made by Ray Wright with a second by Eric Wilkinson to approve staff <br />recommendation to fund a non-reimbursable investment from the Construction Fund in <br />the amount of$75,000. Motion was approved 9-0. Russell George was not present. <br /> <br />18. Water Supply Planning and Finance - Changes to Existing Loans <br />a. Pine River Bayfield Ditch Company - Ditch Siphon Replacement Project <br />Tape 2, Track 1 <br />Action: A motion was made by Don Schwindt with a second by Barbara Biggs to approve staff <br />recommendation to approve an increase of $30,300 ($30,000 for project costs and $300 <br />for the 1 % loan origination fee, in accordance with CWCB Loan Policy No. 16) from <br />the Construction Fund. The additional $30,300 increment of funding would be for 30- <br />years at the present lending rate of2.75%. The Company's amended total loan amount <br />will be $232,300 ($230,000 for the total project costs and $2,300 for the 1 % loan <br />origination fee). Security for the loan will be a pledge of assessment revenues backed <br />by an assessment covenant and other Company property adequate to assure repayment <br />of the loan, in accordance with CWCB Loan Policy #5. Final approval of the loan will <br />also be conditioned upon standard contracting provisions of the CWCB. Motion was <br />approved 9-0. Russell George was not present. <br /> <br />19. <br /> <br />Flood Protection - Roxborough Park Metropolitan District <br />Tape 2, Track 2 3:23:30-4:01:13 <br />Action: Information item. No formal action taken. <br /> <br />. <br /> <br />20. Water Supply Planning and Finance Special Purpose Funds <br />a. Flood Response Fund - Replacement of Funds <br />Tape 2, Track 1 4:35:18 - 4:40:40 <br />Action: A motion was made by Don Schwindt with a second by Eric Wilkinson to approve <br />staff recommendation that the Board request the General Assembly to restore up to <br />$150,000 from the Construction Fund to be appropriated to the CWCB for the Flood <br />Response Program. Motion was approved 9-0. Russell George was not present. <br /> <br />b. Colorado Foundation for Water Education - Annual Funding Support <br />Tape 2, Track 1 4:40:40 - 4:42:42 <br />Action: A motion was made by Tom Sharp with a second by Barbara Biggs to approve staff <br />recommendation that the non-reimbursable expenditure of $150,000 to this program <br />should continue. Motion was approved 9-0. Russell George was not present. <br /> <br />21. Flood Protection - Update on Statewide Criteria ManualIRules and Regs Rulemaking Process <br />Tape 2, Track 1 4:42:42 - 4:47:00 <br />Action: Information item. No formal action taken. <br /> <br />22. Stream and Lake Protection - Strategic Plan Development <br />Tape 2, Track 1 4:47:00 - 5:27:32 <br />Action: Information item. No formal action taken. <br /> <br />23. <br /> <br />Stream and Lake Protection - Formal Attorney's Opinion <br />Tape 2, Track 1 5:27:32 - 5:34:00 <br /> <br />. <br /> <br />Flood Protection. Water Project Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation Planning <br />
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