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<br />:j' I' <br />i' < <br />JG: I <br />1-..-.--..___ <br /> <br />![m~-' -~-'. <br />~ r-;~_. _.._L- j :. , l <br />'. L-L_U <br />I' <br />Ii <br />Ii <br />" <br />" <br />--'I <br /> <br />.c .Ii... '") <br />RECEIVED .), <br />.'''1 <br />c;;:p30 1"':)'; <br />ewel <br /> <br /> <br />'j <br />, <br /> <br />~ <br /> <br />, <br />\c) <br /> <br />if..' <br /> <br />Lo1off Lateral Ditch Co. <br />J.D. Eckhardt Pres. <br />24205 WCR 57 <br />Kersey, CO 80644 <br /> <br />September 27, 1994 <br /> <br />Colorado Water Conservation Board <br />Mike Ser1et, P.E. <br />1313 Sherman Street, Room 721 <br />Denver, Co 80203 <br /> <br />RE: Requisition of Contract Revision with Lo16ff Lateral <br />Ditch Co. <br /> <br />Dear Mike; <br /> <br />It has been brought to my attention that the Loloff <br />Lateral Ditch Co. is going to be short of funds, for the <br />pipeline project. We currently have the pipeline project, <br />Contract Encumbrance # C153616. We currently have a contract <br />with you for financing on this project. So at this time we <br />are requesting additional funds from you. <br /> <br />The shortage of funds has been caused by several things. <br />1.) Originally the Lo1off Lateral Ditch Co. was led to <br />believe they could get $72,500.00 in government grant money <br />from the ASCS. Unfortunately recently we have found out that <br />this is not the case. Each member in the ditch co. will <br />receive $ 5040 per share in grant money, but there is a <br />limitation of $ 10,000 per share holder. This limitation <br />makes some of our shares not qualify for grant money because <br />some share holders, hold more than 2 shares in the ditch co. <br />2.) The cost of the PVC pipe we plan to use in this project <br />has increased between 15 and 20% in the last 2 years (two <br />years being the time in which we first applied). This makes <br />the cost of the 18" pipe approximately $18.50 per linear foot <br />the 15" pipe approximately $11.00 and the 10" pipe <br />approximately $5.00. These figures are based on 18% (The <br />average of 15 and 20%) increase. This increase has been <br />verified by Rosanna at the Greeley SCS office, she called <br />Diamond Plastics and got this information from Mr. Hestor. <br />3.) There is also one other issue we feel needs to be taken <br /> <br />APPENDIX A <br />