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<br />''") <br /> <br />" <br />, <br />DEPARTMENT 0, ; ,~CY NAME <br />DEPARTMENT OR AGENCY NUMBER FJ)!J-- <br />ROUT I NG NUMBER 9 tJ () 'I 'I () <br /> <br />$75,000 <br /> <br />FEASIBILITY REPORT <br />CONTRACf <br /> <br />TIllS CONTRACT, made this /3 day 01 ~1 j ) <br />use and benefit 01 the Department 01 Natural Reso rces <br /> <br />199 i by and between the State of Colorado for the <br /> <br />(Colorado Water Conservation Board) <br /> <br />hereinalter relerred to as the State, and Beaver Park Water. Inc, <br /> <br />P,O, Box 286. Penrose. CO 81240 <br /> <br />hereinafter referred to as the borrower/Borrower. <br /> <br />WHEREAS, authority exists in the Law and Funds have been budgeted, ~ppropriated and otherwise made available and a sufficient <br />unencumbered balance thereof remains available for payment in Fund Number 424. Organization YYYY . Appropriation ...IDL <br />Program 'WTRC. Object Code 5120. Contract Encumbrance Number; U ~ ~ " 7 ~ ; and <br />tl';]3Lo'1/ <br /> <br />WHEREAS, required approval..clearance and coordination have been accomplished from and with appropriate agenci,cs; and <br /> <br />WHEREAS, pursuant to the provisions of section 37-60-119, Colorado Revised <br />Statutes, as amended, the State is authorized to construct certain water projects for the <br />benefit of the people of the State of Colorado; and <br /> <br />WHEREAS, Beaver Park Water, Inc., hereafter referred to as the Borrower, has <br />made application to the State for the repair of its Brush Hollow Dam, such repair of the <br />dam is hereinafter sometimes referred to as the project; and ' <br /> <br />WHEREAS, the Colorado Water Conservation Board approved at their November <br />9, 1993 meeting, a loan to Beaver Park Water, Inc, in a maximum amount of Seventy Five <br />Thousand Dollars ($75,000) to conduct a feasibility study for the repair of the Brush <br />Hollow Dam; and, <br /> <br />WHEREAS, the Borrower is a mutual ditch company located within the State of <br />Colorado; <br /> <br />Page 1 of 10 Pages <br />