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<br />" <br /> <br />-2- <br /> <br />5. The proceeds from any sale by the EDWD of the water rights included in the Purchase <br />Agreement and the Assignment Agreement will be used to reduce the outstanding balance of <br />the EDWD's loan with the Colorado Water Conservation Board. <br /> <br />6. CWCB loan funds will not be used to finance the purchase of an interest in the plan for <br />augmentation in Water Court Case No. 97CW305, nor will the CWCB be considered to be a co- <br />applicant in the plan for augmentation <br /> <br />Please continue to coordinate with Bill Green on the completion of the feasibility study. <br /> <br />Please contact Jan Illian of this office on all matters related to contracting. She will be responsible <br />for drafting and processing of contract documents. No funds may be disbursed until a fully <br />executed contract is in place. <br /> <br />On behalf of the Board and the staff, I would like to thank you for applying for a loan from the <br />Colorado Water Conservation Board. <br /> <br />~J~ <br /> <br />Mike Serlet, P .E. <br />Chief, Water Supply Planning and Finance Section <br /> <br />Cc: Greg Hoskin, Board Member <br />Rod Kuharich <br />Dan McAuliffe <br />Bill Green <br />J an Illian <br />Linda Bassi, AGO <br /> <br />Flood Protection. Water Project Planning and Financing. Stream and Lake Protection <br />Water Supply Protection. Conservation Planning <br />