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<br />17h. Water Project Construction Loan Program - Requests for Approval on Loans for <br />New Projects - City of Idaho Springs - Idaho Springs Reservoir Rehabilitation. <br />Tape 3, Start/Stop: 1834 - 2023 <br />Action: A motion was made by David Smith to accept the staff recommendation <br />for a loan for $825,000 to rehabilitate Idaho Springs Reservoir and <br />$130,000 to convert an existing CWCB emergency loan to a standard <br />construction loan, under the terms outlined in the staff memo, for a total <br />authorization for $955,000. The motion was seconded by Janice Sheftel <br />and approved unanimously (8-0). <br /> <br />17i. Water Project Construction Loan Program - Requests for Approval on Loans for <br />New Projects - Morgan County Quality Water District - Fort Morgan Pipeline. <br />Tape 3, Start/Stop: 2040 - 2375 <br />Action: Ibis item was not acted upon. After discussion, it was decided that <br />funding of this project should come from some other source. The motion <br />was seconded by Janice Sheftel and approved unllnimously (8-0). <br /> <br />17j. Water Project Construction Loan Program - Requests for Approval on Loans for <br />New Projects - Chatfield South Water District - Water Rights Purchase. <br />Tape 4, Start/Stop: 0002 - 0507 <br />Action: Patricia Wells recused herself from this item. A motion was made by Alan <br />Hamel to accept the staff recommendation for a loan of $500,000 at the <br />standard income rate for a municipality, for a duration of 20 years. The <br />motion was seconded by Janice Sheftel and approved unllnimously (7-0). <br /> <br />17k. Water Project Construction Loan Program - Requests for Approval on Loans for <br />New Projects - City of Loveland - Greenridge Glade Reservoir Enlargement. <br />Tape 3, Start/Stop: 2375 - 3098 <br />Action: A motion was made by Alan Hamel to accept the staff recommendation for <br />a loan of $2,000,000 for 10 years at 4.75 percent (and add "or its <br />enterprise"). The staff recommendation was further modified to reflect that <br />the loan may be made from either the Construction Fund or the Sev~ce <br />Tax Trust Fund and that the Director of the CWCB be allowed to approve <br />suitable collateral for the loan. The motion was seconded by Allen Davey <br />and approved unllnimously (7-0). <br /> <br />171. Water Project Construction Loan Program. Requests for Approval on Loans for <br />New Projects - Windsor Canal & Reservoir Co. - Big Windsor Pump Station. <br />Tape 3, Start/Stop: 3134 - 3237 <br />Action: Ibis item was continued until the January meeting when the Feasibility <br />Study will be done, and will be reconsidered then. <br /> <br />Minutes November 24-25, 1997 CWCB Meeting <br />