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<br /> <br />" <br />i <br /> <br />e <br /> <br />e <br /> <br />e <br /> <br /> <br />8. Report from Executive Session <br />Tape I, Start/Stop: 5614 - 0000 <br />Action: Felicity Hannay reported on the items discussed in Executive Session, In <br />relation to Item 7a, Case No, 1-98CW 448, City of Golden, and following <br />comments made by several members related to the Division I Water Court <br />Decree issued in this case, a motion was made by Eric Wilkinson that the <br />Board direct the. Attorney General's Office to file a notice of appeal on the <br />decision in the Golden Case No, 1-98CW 448, based on the factors <br />discussed by the Board, The motion was seconded by Lewis Entz and <br />approved (9-0), <br /> <br />9a. Water Supply Planning and Finance - Small Project Loan Account - Glenwood <br />Ditch Diversion Structure Rehabilitation. <br />Tape I, Start/Stop: 6593 - 6970 <br />Action: A motion was made by Don Schwindt to accept the Staff Recommendation <br />to approve a Small Project Loan not to exceed $85,000 to the Glenwood <br />Irrigation Company to rehabilitate the diversion structure and headgate for <br />the Glenwood Ditch, with a loan tenu of 30 years and the lending rate at <br />5%, Security for the loan will be a pledge of assessment revenues backed <br />by assessment covenant and the project itself, and with the final approval <br />of the loan conditional upon all other standard contracting provisions of <br />the CWCB, The motion was seconded by Keith Catlin and approved (9- <br />0). <br /> <br />9b. Water Supply Planning and Finance - Small Project Loan Account - Cedar Mesa <br />Reservoir Dam Rehabilitatiou ' <br />Tape I, Start/Stop: 6970 - 7116 <br />Tape 2, Start/Stop: 0001 - 0122 <br />Action: A motion was made by Greg Walcher to accept the Staff Recommendation <br />to approve a Small Project Loan not to exceed $100,000 to the Cedar Mesa <br />Ditch and Reservoir Company to rehabilitate the Cedar Mesa Dam, with <br />recommended loan tenus of either 30 years at 3,5%, 20 years at 3,25% or <br />10 years at 3%, Security for the loan will be a pledge of assessment <br />revenues backed by assessment covenant and the project itself, and with <br />the final approval of the loan conditional upon all other standard <br />contracting provisions of the CWCB. The motion was seconded by Keith <br />Catlin and approved (9-0), <br /> <br />lOa. Water Supply Planning and Finance - Changes in Existing Construction Fund <br />Loans - Consolidated Mutual Water Company - Fortune Reservoir Construction <br />Tape 2, Start/Stop: 0122 - 0332 <br />Action: A motion was made by Eric Wilkinson to accept the Staff <br />Recommendation to approve an increase of$4,333,000 to the <br />Consolidated Mutual Water Company 2001 Construction Fund Loan <br />authorization for the Fortune Reservoir Construction Project. The total <br />Construction Fund loan would amount to $20,600,000, not to exceed 75% <br /> <br />Minutes July 23,24, 2001 <br />Page 3 <br />