BOARD02265 - Laserfiche WebLink

Home Browse Search

Action: Janice Sheftel recused herself from this item. A motion was made by Patricia Wells to accept the staff recommendation for a $341,000 loan to the Pine River Irrigation District to construct a raw water portion of a rural domestic system, as a 20 year loan at the rate of 4.25%, with the condition that this loan not be closed unless all other loans are closed. The motion was seconded by Ray Werner and approved unanimously (8-0). 12e. Water Project Construction Loan Program - Requests for Approval on Loans on New Projects - Pinon Mesa Ranches Community Association Tape 3, Start/Stop: 0070 - 0600 Action: A motion was made by Janice Sheftel that the Board provide grant funds in the amount of $5,000 to do a feasibility study for the project, and that the feasibility study look to using some of the impact study funds as a grant to help them construct an appropriate water delivery system that will meet the needs of their subdivision, and keeping in mind that this might be a short- term solution and that perhaps a treated water system might be a better longterm solution. The motion was seconded by David Smith and approved unanimously (10-0). 12f. Water Project Construction Loan Program - Requests for Approval on Loans on New Projects - Weldon Valley Ditch Co. Tape 3, Start/Stop: 0607 - 0790 Action: A motion was made by David Harrison to accept the staff recommendation for a $188,000 loan to the Weldon Valley Ditch Co. to rehabilitate the Company's diversion structure on the South Platte River, subject to a 20 year payback at the rate of 3.5%. The motion was seconded by David Smith and approved unanimously (10-0). 12g. Water Project Construction Loan Program - Requests for Approval on Loans on New Projects - River Oaks on the Roaring Fork Property Owners Association Tape 3, Start/Stop: 0874 - 1234 Action: A motion was made by Janice Sheftel to accept the staff recommendation for a $25,500 loan to the River Oaks on the Roaring Fork Property Owners Association to construct a raw water irrigation system, at the rate of 4.75%, with a preference for a shorter loan period, preferably a 10 year period. The motion was seconded by Ray Werner and approved unanimously (9-0). 12h. Water Project Construction Loan Program - Requests for Approval on Loans on New Projects - Excelsior Irrigating Co. Tape 3, Start/Stop: 1238 - 1835 Action: A motion was made by Alan Hamel that the Board accept the staff recommendation to approve a Small Project Loan for $100,000 for the Excelsior Irrigating Company, and that a Construction Fund authorization for $230,000 be approved to complete Phase II Rehabilitation of the Excelsior Ditch, and to make both loans contingent upon a review by the State Minutes November 25-26, 1996 CWCB Meeting