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.' (i. 're Unit('<1 .)tates Department of the interior IN Rf..M.Y nFtJt TO: BUREAU OF REClAMATION Upper Colorado ReRlollal Office P.O, Box IIM8 Salt Lake City, Utah 84147-0568 .- - - . GJ-442/UC-445 AUG 1 6 1993 Hr. John Fetcher Secretary Upper Yampa Water Conservancy District' PO Box 880339 Steamboat Springs CO 80488-0575 Subject: ClarificBtion of Language, Repayment Reclamation Project Act Loan (SRPA), (Repayment) 1~ 01 - '(0 - /?o Lf8D Contract No. +-07-KUfRO, Small Stagecoach Reservoir, Colorado Dear Hr. Fetcher: The Upper Yampa Water Conservancy District constructed the Stagecoach Dam and Reservoir with funds provided, in part, from a SRPA loan from the Bureau of Reclamation. In administration of that contract, it became apparent that some clarification of the language was needed. On June 16, 1993, staff members from the Grand Junction Projects Office met with you to discuss this matter. It was determined that the following clarification was needed: Change the subarticle reference at the end of Article ll(h) from "subarticle(f)(4)" to "subartic1e(f)(2)." As you know, the SRPA was amended by Section 223 of the Reclamation Reform Act of 1982 (RRA) to raise the acreage entitlements for contracts under SRPA. However, prior to the signing of your repayment contract, the acreage entitlement of SRPA was again amended. For SRPA contracts in progress during that time, the entities were allowed to choose which entitlements would apply to their contract. The option chosen by your organization was the lower . interest rate, which brought with it the lower acreage entitlement. Because of the timing of the amendments and the finalizing of your repayment contract, certain language concerning the RRA was not removed from the contract prior to ~Ignature. Therefore, It Is appropriate that your repayment contract be clarified to reflect these changes. Those changes are as follows: In Artl cle 11 (l), remove the reference "Provided, however, That acreage limitations laws, particularly the Reclamation Reform Act of 1982 (RRA) , are being enforced and prepayment is not being used to circumvent acreage limitation laws." In Article 26, omit the words "land leasing".