Laserfiche WebLink
<br /> <br />FRUIT A <br /> <br />,A; <br /> <br />Colorado <br /> <br />. <br /> <br />[Q)[f~~@[E @(Q1Wfe <br /> <br />101 W. McCune <br />Fruita, CO 81521 <br />(303) 8583663 <br /> <br />I':ay 29, 1987 <br /> <br />Mr. Nick Ioannides <br />Colo~ado Wate~ eonse~vation Boa~d <br />721 State Centennial Building <br />1313 She~man St~eet <br />Oenve~, CO 80203 <br /> <br />Dear Mr. Ioannides: <br /> <br />The City of F~uita, in ~efe~ence to the defer~al of payments <br />~equi~ed under Cont~act Numbe~s C153382 andC153396, agrees to <br />"" <br />inform the ewes in writing by Novembe~ 1, 1989 of the City's <br />overall financial situation. The City ant)cipates ~esuming the <br />annual payments as p~esently called fo~ in' the above cont~acts <br />beginning in 1990. <br /> <br />It js 5nticip~ted at this tinle that the deferred paymen~5 plus <br />intere~t will be paid in the years 2007~ 2008, and 2009 in <br />additic'n to the regularly scheduled payments. Trlese defer~ed <br />payments will be made with accrued interest at the net effective <br />rate on the current contracts (#CI53396-4.007. 8< #[1532.82-4.841.) <br />as outlined in the attached amo~tization schedule p~ovided fo~ <br />illustration pu~poses. <br /> <br />This repn?sents my unde~standing of the <br />between M~. David Wal~e~ and myself and <br />with a minimal co~tract amendment. <br /> <br />several conversaticns <br />could be accompli5h~d <br /> <br />Then~~ you very much for <br />ffi~tt~r~ If you ha~'e <br />infor'l'flai:ion, ple..:'l~e fe-el <br /> <br />your conslderable a5~i5tance in this <br /> <br />any que~tio0S or need ~d~:tiDn21 <br />f~ee to call. <br /> <br />Sinc:er-ely~ <br /> <br />Dff' --- j - <br />'!p:'. .' (" _ / <br />1 VP' l--00;yuJ1~ <br /> <br />Robe~t o. Engelke <br />City M"nage~ <br />