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<br />. <br /> <br />e <br /> <br />. <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />1313 Sherman Street <br />Denver, Colorado 80203 <br />Phone, (303) 866-3441 <br />FAX, (303) 866.4474 <br /> <br />STATE OF COLOMDO <br /> <br />. <br /> <br />BiI!Owens <br />Governor <br /> <br />MEMORANDUM <br /> <br />Greg E. Walcher <br />Executive Director, DNR <br /> <br />Peter H. Evans <br />Director, ewes <br /> <br />TO: Colorado Water Conservation Board Members <br /> <br />FROM: Bill Green, P.E., Water Supply Planning and Finance Section15 tf/ III ( <br />Mike SerIet, P.E., Chief, Water Supply Planning and Finance Section f1i.) <br /> <br />DATE: November 15, 1999 <br /> <br />SUBJECT: Agenda Item llg., November 22-23, 1999 Board Meeting - Water <br />Supply Planning and Finance - Changes in Existing Loans/Grants - <br />Redmesa Ward Reservoir <br /> <br />Introduction <br /> <br />As noted in Agenda Item No. 10 f., the authorization for Redmesa Ward Reservoir in <br />HB 95-1155 does not appear to identify a project sponsor. The purpose of this <br />memorandum is to request that the Board amend the authorization to identify a project <br />sponsor and to revise the spelling of the name Redmesa to correspond with the <br />Company's articles of incorporation. <br /> <br />Backl!:round <br /> <br />In November of 1994, the Board approved a Construction Fund loan of $2,250,000 at 4.1 <br />percent for 30 years for the rehabilitation and enlargement of Redmesa Ward Reservoir. <br />The loan was subsequently authorized in HB 95-1155 as "Red Mesa Ward Reservoir- <br />Red Mesa Ward Res. Rehab. and Enlarg.". <br /> <br />Recommendation <br /> <br />Staff recommends that HB 95-1155 be amended to identify the Redmesa Ward Reservoir <br />and Ditch Company as the project sponsor for the Redmesa Ward Reservoir <br />Rehabilitation and Enlargement. <br /> <br />Cc: <br /> <br />Trent Taylor, Redmesa Ward Reservoir and Ditch Co. <br />Linda Bassi, AGO <br />