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<br />17i. Water Project Construction Loan Program - Requests for Approval on Loans for New <br />Projects - Morgan County Quality Water District - Fort Morgan Pipeline. <br />Tape 3, Start/Stop: 2040 - 2375 <br />Action: This item was not acted upon. After discussion, it was decided that funding of this <br />project should come from some other source. The motion was seconded by <br />Janice Sheftel and approved unanimously (8-0). <br /> <br />17j. Water Project Construction Loan Program - Requests for Approval on Loans for New <br />Projects - Chatfield South Water District - Water Rights Purchase. <br />Tape 4, Start/Stop: 0002 - 0507 <br />Action: Patricia Wells recused herself from this item. A motion was made by Alan Hamel to <br />accept the staff recommendation for a loan of $500,000 at the standard <br />income rate for a municipality, for a duration of 20 years. The motion was <br />seconded by Janice Sheftel and approved unanimously (7-0). <br /> <br />17k. Water Project Construction Loan Program - Requests for Approval on Loans for New <br />Projects - City of Loveland - Greenridge Glade Reservoir Enlargement. <br />Tape 3, Start/Stop: 2375 - 3098 <br />Action: A motion was made by Alan Hamel to accept the staff recommendation for a loan of <br />$2,000,000 for 10 years at 4.75 percent (and add "or its enterprise"). The <br />staff recommendation was further modified to reflect that the loan may be <br />made from either the Construction Fund or the Severance Tax Trust Fund <br />and that the Director of the CWCB be allowed to approve suitable collateral <br />for the loan. The motion was seconded by Allen Davey and approved <br />unanimously (7-0). <br /> <br />171. Water Project Construction Loan Program - Requests for Approval on Loans for New <br />Projects - Windsor Canal & Reservoir Co. - Big Windsor Pump Station. <br />Tape 3, Start/Stop: 3134 - 3237 <br />Action: This item was continued until the January meeting when the Feasibility Study will be <br />done, and will be reconsidered then. <br /> <br />17m. Water Project Construction Loan Program - Requests for Approval on Loans for New <br />Projects - GASP - New Off Stream Reservoir on the South Platte. <br />Tape 4, Start/Stop: 1241 - 2266 <br />Action: There was no recommendation for a loan, as this was a preliminary hearing. A <br />motion was made by Eric Kuhn that the Board grant GASP $5,000 for a <br />feasibility study. The motion was seconded by David Smith and approved <br />unanimously (8-0). <br /> <br />17n. Water Project Construction Loan Program - Requests for Approval on Loans for New <br />Projects - Riverside Reservoir and Land Co. - Riverside Res. Emergency Spillway. <br />Tape 4, Start/Stop: 0507 - 1241 <br />Action: There was no action taken; this item was held over until the January meeting. <br /> <br />Minutes November 24-25,1997 CWCB Meeting <br />