Laserfiche WebLink
<br />'.. <br />~ <br /> <br />. <br /> <br />. <br /> <br />~ <br />,: ~ <br /> <br />HILL, HILL AND MANGES <br />ATTORNEYS AT LAW <br />A PROFESSIONAL CORPORATION <br />F"ORT COLLINS, COLORADO 80522 <br /> <br />ALDEN T. HILL <br />ALDEN V. HilL <br />RICHARD B. MANGES <br /> <br />P. O. BOX 421 <br />160 WEST MOUNTAIN AVE. <br />TELEPHONE (303) 482-3683 <br /> <br />GERALD W. LASKA <br /> <br />July 21, 1988 <br /> <br />Federal Express <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />721 State Centennial Bldg. <br />1313 Sherman Street <br />Denver, CO 80203 <br /> <br />II)~ <br />lm ~ ~ r ~ \71; <br />JUL 2 2 1988 <br /> <br />Attn: David W. Walker <br />Deputy Director <br /> <br />COLC:';") \.: <br />Cr:~ :.- ::.r:::.II:': ~ <br /> <br />RE: The North Poudre Irrigation Company - repurchase of <br />small project loan on Park Creek Reservoir site <br /> <br />Dear Mr. Walker: <br /> <br />We represent The North Poudre Irrigation Company. <br /> <br />We're responding to your letter to Mr. Robert L. Stieben <br />of July 11, 1988. <br /> <br />We have enclosed the draft contract with appropriate in- <br />formation. <br /> <br />You know the actual payoff <br />a change in the discount rate. <br />tual amount of money necessary <br />flexibili ty. <br /> <br />amounts may differ depending on <br />North Poudre will need the ac- <br />so we hope you allow for that <br /> <br />I'm also enclosing a draft of how our opinion would read. <br /> <br />I'm enclosing a copy of the Decree for water rights that <br />was obtained when Park Creek Reservoir Site was completed and <br />the Decree gives a general description of that site. North <br />Poudre proposes to give to the State this site as security for <br />the loan and the water right adjudication that was made for <br />that site. It also proposes to continue assessments in effect <br />sufficient to payoff this loan in a period that will be ap- <br />proximately 10 years. <br />