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<br />\ <br />, <br /> <br />DEWEESE-DVE DITCH AND RESERVOIR COMPANY <br />CANON CITY, COLORADO 81212 <br />RECEIVED <br />SEP 14 1999 <br /> <br />;.. <br /> <br />e <br /> <br />September 11, 1999 <br /> <br />Colorado Water <br />Consarvauan Board <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />721 Centennial Building <br />1313 Sherman Street <br />Denver, CO 80203 <br /> <br />Dear John Van Sciver, <br /> <br />The DeWeese-Dye Ditch and Reservoir Company needs an increase in the <br />maximum allowable loan amount. This increase is necessary because actual <br />construction costs are much higher than the original estimates, The following <br />Costs are provided to calculate the total construction cost: <br /> <br />1, Feasibility Study - $44,900 less grant of $5,000- <br />2. Final Design - <br />3. Construction Contract - from $825,890 to - <br />4, Construction Engr'g/Admin, - from $87,500 to- <br /> <br />$39,900 <br />$62,500 <br />$905,390 <br />$92,500 <br /> <br />e <br /> <br />Total Estimated Project Cost - $1,100,290 <br /> <br />The following items caused a change to the contract as originally awarded: <br /> <br />1. Expansive Waterstop - <br />2. 36" Headgate Replacement - <br />3, Demolition Adjustment (est - 70cy) - <br />4, Mass Concrete Adjustment (est - 70cy) - <br />5, Spillway access Bridge <br /> <br />-$3,000 <br />$30,000 <br />$20,000 <br />$25,000 <br />$7,500 <br /> <br />DeWeese presently has a CWCB loan authorization of $734,000, which is 90% <br />of the old total project cost of $815,560. We are requesting a new loan amount, <br />based on 90% of the Total Estimated Project Cost of $1,100,290, which is <br />$990,261. This is an increase of $256,261 over the original authorization, <br /> <br />/~~ f) !)nrrJ <br />/ Ronald D. Dorn, President <br /> <br />r{l ......-- ._./.,.//~~ <br />.~ rY~~- <br />Rose Moschetti, Sec. - Treasurer <br /> <br />e <br />