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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />HANDY DITCH COMPANY. , <br /> <br />Berthoud, Colorado <br />November 1, 1990 <br /> <br />Mr. Frank M. Akers, Acting Chief <br />Project Planning and Construction Section <br />Colorado Water Conservation Board <br />1313 Sherman Street <br />Denver, CO 80203 <br /> <br />RE: Feasibility Report for Repair of <br />Welch Reservoir No. 1 Outlet Works <br /> <br />Dear Mr. Akers: <br /> <br />The Office of the State Engineer is requiring that repairs <br />be made to the Welch Reservoir No. 1 Outlet Works before restrictions <br />now imposed on the storage capacity will be lifted. The repairs <br />will include breaching the dam, removing the existing outlet works, <br />replacing the outlet works, and reconstructing the dam. The <br />Handy Ditch Company is seeking financial assistance from the <br />Colorado Water Conservation Board to pay for the work required <br />.in this project. The Handy Ditch Company is also requesting <br />funding to repay an existing loan with the Bank of Co-ops. <br /> <br />Transmitted herewith is the Feasibility Report which provides <br />information about the project and the Handy Ditch Company in <br />accordance with the CWCB guidelines. The cost of the project <br />is estimated to be $190,000, and the Bank of Co-ops loan is <br />$120,000. The total amount of funding requested from the <br />Colorado Water Conservation Board in the form of a 40 year <br />loan is $310,000. <br /> <br />Thank you for your consideration. <br /> <br />Sincerely, <br /> <br />HANDY DITCH COMPANY <br />~I-;.t/( 7/( 711;'7(': d.__l/I " <br /> <br />, / John M. Waggener <br /> <br />~nt <br /> <br /> <br />Louis F. B in <br />Secretary-Treasurer <br /> <br />