BOARD01642

• Board Meeting Date: 3/10/1998
• Description: CF Section - Contract Processing Status Report
• Board Meetings - Doc Type: Memo

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amendment documents were routed to the State Controller's Office for final review and
approval on February 24th. ,

3, Colorado Water Protective & Development Association, a feasibility study loan in the
amount of $75,000 approved by the Board at its November 1993 meeting. The contract
documents are being drafted by the Attorney General's Office.

4. Excelsior Irrigating Company, a loan in the amount of $230,000 to rehab the company's
ditch. Documents were provided to the Borrower for signature on January 20th.

5. Excelsior Irrigating Company, an amendment to release 1,007 shares of stock that will
be purchased by the Arkansas Groundwater Users Association. Documents were
provided to the Borrower for signature on January 25th.

6. Town of Fort Lupton, an amendment to correct the town's amortization schedule. The
Attorney General's Office started drafting the contract documents on November 1s'.

7. Town of Fort Morgan, an amendment to allow the Town's bonds to have parity with our
loan as approved by the Board at its July 1997 meeting. Draft amendment submitted to
the Town for review on December 20th.

8. Town of Hudson, an amendment to correct the town's amortization schedule.
Amendment documents being drafted since November 1s'.

9. South Platte Lower River Group, a $240,000 grant to finance the Tamarack Project on
the South Platte River. The draft contract documents were sent to the Group for review .
on November 4th.

PROJECTS AWAITING CONTRACTING. A list of 61 contracts (40 project loans and 21 contract
amendments) valued at $28.2 million that are awaiting contracting is shown on the attached
Contract Status Report.

STAFF RECOMNlENDATION. This memo is for information purposes. Please let me know if you
have any questions or concerns regarding the contracting status.

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