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<br />Woodward.CIyde Consultants <br /> <br />Mr. Keith Eberhardt <br />Colorado Water Conservation Board <br />January 8, 1991 <br />Page 3 <br /> <br />Reservoir and Canal Company will take out a 20 year, 12% loan from a <br />financial institution to cover the balance of the project costs and both the <br />CWCB and other loan payments wilJ be made by assessments to the <br />shareholders. <br /> <br />If you have any further questions or issues that require clarification, please call. Thank <br />you again for timely consideration of this report and the request for funding. <br /> <br />Sincerely, <br /> <br /> <br />John W. Andrew <br />Project Manager <br /> <br />PYO:kaj <br /> <br />Enclosures (7) <br /> <br />lc w / encl: Windsor Reservoir and Canal Company, Eaton, CO <br />Binder 22539 <br /> <br />22539(22539.LEl OI.08-91(REPORTS3(kaj) <br />