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. , ~ " ~ ..>~ ~ -;-. ~ . . P 03 June 14, 1993 Eatrin, Colorado Irrigating - 3 What costs are included in the construction cost? preparation, concrete, rebar, forming and placement are Question: Site included. Engineering, included. contingencies, legal fees and interest are not Question: Is one sand gate adequate? . The sand gate would remain the same as it has been for an extended time, The sand gate is such that it handles all small flows and all water deliveries that are . r~quired to pass the river diversion.. It also has the largest vblume of flow and greatest head pressure during higher river flo~5. Thus the bulk of the sand is projected to pass through the sand gate or down the canal the same as it has in time past~ Question: When would demolition of t~e current structure be started? . This fali; 'right after Labor Day with the construction being finished by Christmas. The Tellers reported. represented in person quorum was present;. . shares of capital stock were The Chairman declared that a that 1150.5 or by proxy. Recommendation of the Board of Directors'. was presented to construct a new uncontrolled spillway diversion structure as presented in alternative three; that the cost of the construction be paid with financing through the Colorado Water Conservation Board; and that repayment of the loan to the be by dividing the number of capital shares of stock in The New Cache La Poudre Irrigating Company (2499.69) into the annual payment to the Colorado Water Conservation Board and adding such to the annual assessment of The New Cache La Poudre Irrigating Company until such note with the Colorado Water Conservation Buard is paid in full. Question: Have you calculated the difference between a fifteen and a twenty year term? Various terms were projected. Colorado Water Conservation Board sets the terms for the projects in which they participate based upon the evidence furnished in the feasibility study.