PROJ00005

• Contract/PO #: C153402
• Contractor Name: Fort Lyon Canal Company
• Water District: 0
• County: Bent
• Bill Number: XB 99-999
• Loan Projects - Doc Type: Feasibility Study

I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I

RESOLUTION

WHEREAS the Fort Lyon Canal Company's conal system is in need of improvement
and rehabilitation and the Company has applied to the Colorado Water Conservation
Board for financial assistance in doing said work; and

WHEREAS the State of Colorado requires 0 feasibility study and report to be made,
and for that purpose the Company employed engineers to make such a study, NOW,
THEREFORE BE IT RESOLVED;

thot the Board of Directors of the Fort Lyon Canal Company does hereby
approve and adopt the F easibi lity Report for the Rehabilito I ion unu Getterment of the
Fort Lyon Canal System prepored by Tipton and Kalmbach, Inc., May 1983, and
porticulorly with reference to the following items, to wit:

I. The total estimated cost for the recommended work in the amount of
$2,700,000.00

2. The estimated contribution by the Fort Lyon Conal Company, includ,ng loans
and grants from other sources, in the amount of $1,350,000.00

3. The estimated amount of financial assistance requested from the State of
Colorado of $1,350,000.00

4. The length of the proposed period for repayment of state funds of 30 years.

This resolution supercedes resolution dated June 8, 1983.

g~~/;:

Dean Smortt, President
Fort Lyon Canal Company

Date: September 14, 1983

Attest:

/~;. Y rJ
By />(/'-"/1/':j--.J ~+?/O~/
Title: ~f>(Tf>tarv. E/6rt Lvon/Canal Company
Dote: Sf>j;ltember 14< 1983 /
/