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<br />. <br /> <br />nfJUu ff2pfiii7?J~A-[.' '~~ 0:S,L5/C ~ ~~ . <br />~ ~ ~ a;~ ~f;Jcu, ref <br />8~ . . -~ ~U// <br />/)(;~ ttt::: ad'b h~ . <br />Agenda Item 11 a r - 0 - ) _ _ <br />November 18, 1996 - vd _If-tAU:!_-GU Q <br /> <br />Page Four ~ . ~ ~ ~~ ~#-e- (?J ~ <br /> <br />RECOMMENDA1fON CCL-JC/3~'A.e~. <br /> <br />Staff recommends a Construction Fund loan not to exceed two million dollars to the Upper <br />Yampa Water Conservancy District for the purpose of retiring the District's remaining obligation <br />to the U.S. Bureau of Reclamation under a contract dated July 23, 1987 for the Stagecoach <br />Project. <br /> <br />The lending rate would be calculated by the procedure outlined in Table 2., above, and would be <br />rounded to the nearest one-quarter of one percent. The actual rates to be used in the calculation <br />would be those lending rates adopted by the Board at the November 1996 Board meeting. <br /> <br />The loan would be made subject to the condition that the District would utilize its own funds to <br />pay, in full, the difference between the balance on the Bureau of Reclamation loan and the <br />amount loaned to the District from the Construction Fund and subject to all standard contracting <br />provisions of the CWCB. <br /> <br />. <br /> <br />cc: <br /> <br />John Fetcher, UYWCD <br />Linda Bassi, AGO <br /> <br />Attachments <br /> <br />p>>;+~ ? <br /> <br />L:\BOARDMEMINOV96INOVIIA.DOC <br /> <br />~~ tidJJ ~~ ~t ~ (t; ~ <br />~, <br /> <br />~~ ()JJJLd ~/!) cfld u/6A;;'" ~&d fr;& <br />() ~ 0 0^- - ~ /-- 11 tI t cr /lfM-0 fU2I ' <br />· ~ /... ~)~ - {lJ,i1I>A {(PPo1UJ --ItPJI ~ ~ j <br />P#-~*Jrr!M~.~ ~Mt~ <br />