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BOARD02449
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BOARD02449
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8/16/2009 3:15:35 PM
Creation date
10/4/2006 7:15:19 AM
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Board Meetings
Board Meeting Date
1/26/2000
Description
Summary Minutes and Record of Decisions - January 26-27, 2000
Board Meetings - Doc Type
Minutes
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<br />lOe. Water Supply Planning and Finance - New Loans - Pine River Irrigation District- <br />Water Supply System Engineering and Planning <br />Tape 2, Start/Stop: 1080 - 1695 <br />Action: Consensus: The CWCB was in agreement with the Staff <br />Recommendation, but took no formal action. <br /> <br />lla. Water Supply Planning and Finance - Changes in Existing Loans - Windsor Reservoir <br />and Canal Company - System Rehabilitation Projects <br />Tape 2, Start/Stop: 1695 - 2045 <br />Action: A motion was made by Ray Werner to accept the staff recommendation to <br />increase the Windsor Reservoir and Canal Company's Construction Fund <br />authorization for the Company's rehabilitation program in the amount of <br />$1,155,000 for a new loan amount of $1,788,300. The motion was <br />seconded by Don Schwindt and approved unanimously (9-0). <br /> <br />lib. Water Supply Planning and Finance - Changes in Existing Loans - City of Loveland - <br />Green Ridge Glade Reservoir Collateral <br />Tape 2, Start/Stop: 2045 -2145 <br />Action: A motion was made by Lewis Entz to accept the staff recommendation <br />that the Board approve the City of Loveland's request to accept a pledge of <br />revenues backed by a rate covenant and annual financial reporting as <br />adequate security for a $5,000,000 Construction Fund loan. The motion <br />was seconded by Eric Kuhn and approved unanimously (9-0). <br /> <br />llc. Water Supply Planning and Finance - Changes in Existing Loans - Consolidated <br />Mutual Water Co. -Fortune Reservoir Project <br />Tape 2, Start/Stop: 2145 -2550 <br />Action: A motion was made by Eric Kuhn to accept the staff recommendation that <br />the Board request an increase of $6,300,00 in the 1999 Construction Fund <br />authorization for the Fortune Reservoir Project of the Consolidated Mutual <br />Water Company. Also specified conditions were included that needed to <br />be met prior to entering into a contract for the additional increment of <br />funding. The motion was seconded by David Smith and approved <br />unanimously (8-0). Patricia Wells asked to be excused. <br /> <br />lid. Water Supply Planning and Finance - Changes in Existing Loans - Excelsior Ditch Co. <br />- Division Structure and Ditch Improvements <br />Tape 2, Start/Stop: 2550 - 2709 <br />Action: A motion was made by Ray Werner to accept the staff recommendation <br />that the Board recommend to the General Assembly a loan increase to the <br />Excelsior Irrigating Company's original loan in the amount of $21,125 for <br />a total loan amount of $251,125. The motion was seconded by Robert <br />Burr and approved unanimously (9-0). <br /> <br />Minutes January 26-27,2000 <br />Page 5 <br />
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