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1 <br />1 <br />' <br />1 <br />' <br />1 <br />� <br />1 <br />' <br />C <br />' <br />' <br />' <br />� Smith <br />Geotechnical <br />ENGINEERING CONSUI_TANTS <br />October 7, 1999 <br />Project No. 99.086 <br />Mr. Don Magnuson, Superintendent <br />Lake Canal Reservoir Company <br />33040 Railroad Ave. <br />Lucerne, CO 80646 <br />Re: Gray Lake N3 <br />Dear Mr. Magnuson: <br />We have reviewed Gray Lake /13 and have estimated the wst to provide a Feasibility Study for rhe dam <br />in accordance with the Colorado Warer Conservation Board Guidelines. We propose to conduct the <br />following work for the cost as indicated. <br />1 <br />2 <br />�� <br />4. <br />5. <br />Surveying <br />Subsurface Investigation <br />Drilling <br />Testing <br />Engireering <br />Embaukment Stabiliry/Seepage/�pillway/Outlet <br />Cost Estimates <br />Report <br />TOTAL........ <br />$ 1,200 <br />$ 700 <br />$ 1,300 <br />$ 2,000 <br />$ 2,000 <br />3 500 <br />$10,700 <br />The work proposed is intended to provide the information required to submit an application for a loan <br />to the Colorado Water Conservation Board. The CWCB will usually provide a grant to pay for Vz of <br />the wst of the study or a maximum of $5,000. <br />If you have any questions or need to discuss this fuCther, please feel free to call us. <br />' Sincerely <br />S EOTECHNI <br />' � <br />' Du e�, P.E. <br />., <br />t <br />1 <br />1225 Red Cedar Circle, Suite H• Fort Collins, GO 80524 •(970) 490-2620 • FAX (970) 490-2851 <br />