BOARD01216

• Board Meeting Date: 7/13/1998
• Description: Summary Minutes and Record of Decisions - July 13-14, 1998
• Board Meetings - Doc Type: Minutes

17a. Water Project Construction Loan Program - Feasibility Studies - Dolores Water
Conservancy District
Tape I, Start/Stop: 2100 - 3707
Action: Janice Sheftel recused herself from this item. A motion was made by
William Brown to accept the staff recommendation listed in the board memo
(concerning a proposed revision to the Guidelines), which was deleted, with
the addition in paragraph 2 that the loan be approved for the District and/or
its water enterprise. The motion was seconded by David Smith and
Approved unanimously (8-0).

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A second motion was then made by Eric Kulm that the CWCB would
provide up to 50% of the loan for the cost of the feasibility study, and to
authorize the CWCB Acting Director to make a grant, if appropriate, up to
$5,000 grant to the District provided the money is available for this purpose.
The second motion was seconded by Ray Wemer and approved (7-1).

17b. Water Project Construction Loan Program - Feasibility Studies - Ryan Gulch
Reservoir Co. - Spillway Enlargement
Tape 2, Start/Stop: 3150 - 3429
Action: A motion was made by Eric Kulm that the Board approve a grant from the
Operational Account of the Severance Tax Trust Fund in FY'99 to the Ryan
Gulch Reservoir Company for 50% of the cost of the Ryan Gulch Spillway
rehabilitation study, not to exceed $5,000. The motion was seconded by
. David Smith and approved unanimously (9-0).

18a.

19.

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Water Project Construction Loan Program - Small Project Loan Account - Greeley
and Loveland Irrigation Co. - Horseshoe Lake Dam Outlet Repair
Tape 2, Start/Stop: 3432 - 3589
Action: William Brown recused himself from this item. A motion was made by Eric
Kulm to accept the staff recommendation as listed in the staff memo, with
the addition that real property be available for security. The motion was
seconded by David Smith and approved unanimously (8-0).

Water Project Construction Loan Program - Late Payment Guidelines
Tape 2, Start/Stop: 3589 - 3796
Action: A motion was made by Allen Davey to accept the staff recommendation to
waive the late charge based on the criteria set forth in the staff memo. The
motion was seconded by Janice Sheftel. The motion was then amended by
Eric Kulm to include that an alternative date be set within 180 days and that
the Board be informed, with the Director or hislher designee to make the
recommendations in each case. The amended motion was seconded by

Minutes July 13-14, 1998