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<br />~lleNo. I05l-li <br /> <br />Department of N~ral Resources <br />Colorado Water Conservation Board <br />102 Columbine Building <br />1845 Sherman Street <br />Denver, CO 80203 <br />Page 3 <br /> <br />i <br /> <br />8. Chapter VII -- Project Evaluation <br /> <br />Information will be provided regarding the Town's ability to pay <br />for the project. <br /> <br />9. Chapter VIII -- Financial Program <br /> <br />The report shall incorporate a brief discussion of the financial <br />feasibility of the proposal. <br /> <br />The proposed feasibility report will speak to those items discussed in <br />the preceding outline. Where applicable, portions of the report will <br />be expanded to provide sufficient detail in order for the Town Board to <br />base decisions on how it will proceed with necessary improvements. <br />Those areas, which are not a primary concern or beyond the proposed <br />scope and available funding of this study, will be limited within <br />the presentation of the report. <br /> <br />Because we are better aware of the requirements of your office, and <br />because of the time lag when we began this project, we have updated <br />our estimate of costs for preparing the feasibility report. The cost <br />for preparation of the report is in the amount of $7,850.00. <br /> <br />A brief outline of the man hours and the projected cost for the study <br />is provided on the attached Exhibit A. <br /> <br />As we discussed, I will act as project engineer for preparation of <br />the report. All correspondence should therefore be directed to me. <br /> <br />If there is additional information needed by your office, please so <br />advise. <br /> <br />Very truly yours, <br /> <br /> <br />Dale D. Olhausen <br /> <br />DDO/sb <br /> <br />cc: Town of Hudson <br />Enclosure <br />