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<br />:#'-r/( <br /> <br />. <br /> <br />. <br />STATE OF COLORADO <br /> <br />/ <br /> <br />DEPARTMENT OF LOCAL AFFAIRS <br />OFFICE OF THE EXECUTIVE DIRECTOR <br /> <br /> <br />1313 Sherman Street, Rm. 518 <br />Denver, Colorado 80203 <br />Phone (303) 866-2771 <br />FAX (303) 866-2251 <br />TDD (303) 866-5300 <br /> <br />July 29, 1993 <br /> <br />Roy Romer <br />Governor <br />Larry Kallenberger <br />Executive Director <br /> <br />The Honorable Charles H. <br />Mayor, Town of Monument <br />P.O. Box 325 <br />Monument, CO 80132 <br /> <br />Wilson <br /> <br />RE: EIAF #2862 - Monument Well Replacement <br /> <br />Dear Mayor Wilson: <br /> <br />The state Impact AssistancejCDBG Advisory Committee reviewed <br />the town's application at its recent meeting in Sterling. <br />The committee recommended funding for the project. <br /> <br />I concur with the committee's recommendation and am offering <br />to enter into a contract for a grant in the amount of $55,000 <br />and a loan in the amount of $55,000 for the project. Given <br />the state's previous financial assistance to the town for <br />water system improvements and the town's recent and proj ected <br />growth, I believe a loan is appropriate fora portion of the <br />project cost'. <br /> <br />The committee suggested that the town pursue with the <br />Woodmoor Wat€r and Sanitation District the possibilities of <br />augmenting water supply capabilities. I encourage the town <br />and the district to evaluate the creation of a water <br />authority and other means of cooperation. <br /> <br />Please contact Jack Kirtland at 866-3688 for information on <br />how to proceed. As you know, no state funds should be <br />obligated before a grant contract is fully executed. <br />Expenditures made prior to the contract being fully executed <br />may not be reimbursed by the state. <br /> <br />Good luck with your project. Let us know if we can be of any <br />assistance. <br /> <br /> <br />\ <br /> <br />cc: Senator Mike Bird <br />Representative Charles Duke <br />Jack Kirtland <br />