Laserfiche WebLink
<br />"<Jon'-I v"'-> <br /> <br />Colorado Water Conservation Board <br /> <br />uepartment or l'\Iawral I<esources <br />1313 Shermi'ln Street. R,)(lfTl 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866.3441 <br />FAX, (lOll 866,4474 <br />wv.w.cwcb.state .co.us <br /> <br />STATE OF COLORA.DO <br /> <br />Q <br /> <br />February 6,2001 <br /> <br />Bill Owen~ <br />Governor <br />Greg E. Wa\cher <br />Ext'cutiveD,rector <br />Rod Kuharirh <br />0\'(8 Director <br />Dan .V\rAuliffe <br />Dl'pGty DirCL,Of <br /> <br />Mrs. Laura J, Woods <br />Columbine Ranches POA <br />11246 Lewistown Street <br />Commerce City, CO 80022 <br /> <br />RE: Augmentation Water Purchase <br />Loan Recommendation <br /> <br />Dear Laura, <br /> <br />I am pleased to inform you that the Colorado Water Conservation Board (CWCB) has <br />recommended your request for a loan increase to the General Assembly. Your request <br />will be included in the Board's year 2001 Water Project Construction Bill. The additional <br />loan funds will be authorized in May 2001, once the Governor has signed the bill. I <br />understand the loan will be used to purchase augmentation water for the Association's <br />irrigation well. <br /> <br />The Board approved the loan increase from the Construction Fund in a maximum amount <br />of $93,750, so that the total loan authorization will become $399,000. The loan terms for <br />the $93,750 increment are 5,5% for 30 years. I have attached a copy of the updated <br />Board memo concerning the Columbine Ranches Property Owners Association, Please <br />refer to page 4 of that memo and to the section "Action taken by the CWCB January 24, <br />2001," <br /> <br />When the Board recommends a loan lrom the Construction Fund there remain several <br />conditions: <br /> <br />a) A Feasibility Study is required. Robert Longenbaugh P.E. completed the feasibility <br />study lor this project November 1998, This office has accepted the study, <br /> <br />b) The loan contract must be amended before funds can be advanced for this loan <br />increment. Jan IlIian has placed the project on our contracting "hot list" and has <br />initiated the amendment prOcess. Our goal is to have the loan contract amended as <br />soon as possible 1011 owing approval by the General AssEimbly.., <br /> <br />flood Protection <II Water Project Planning and Financing. Streart\ and lake Protection <br />. Water Supply Protection._ Conservation Planning . <br />