Laserfiche WebLink
<br />Colorado Water Conservation Board <br />Department of Natural Resources <br />721 Centennial Building <br />1313 Sherman Street <br />Denver, Colorado 80203 <br />Phone: 13031866.3441 <br />FAX: 13031866.4474 <br /> <br />f"1€.C(] 7/2&Jf9ff <br />STATE OF COLORADO <br />- <br /> <br />&/3J2I tftuF/~ 8'/3 <br />LE/mfC W,M <br /> <br />"J <br /> <br />..56vr <br />7/2/1/98 <br /> <br />Roy Romer <br />Governor <br /> <br />July 17, 1998 <br /> <br />Mrs, Laura Woods <br />Columbine Ranches POA <br />11246 Lewiston Street <br />Commerce City, CO 80022 <br /> <br />RE: Purchase of Water Rights <br />Loan Denial <br /> <br />James S. Lochhead <br />Executive Director, DNR <br /> <br />OariesC li1e,P.'i.. <br />Director, eWeB <br /> <br />Peter H. Evans <br />Acting Director, eWeB <br /> <br />Dear Mrs, Woods, <br /> <br />Concerning your application for a Small Project Loan from the Construction Fund, I regret to <br />inform you the Colorado Water Conservation Board (CWCB) has denied your request for a loan in <br />amount of $100,000, The Board took this action because a finding of hardship is required as a <br />condition for granting a loan from the Small Project Loan Account. The CWCB agreed that your <br />Association is in a potentially serious situation, but felt that it did not fulfill the definition of a <br />hardship, as defined in statute, I have attached a copy of the updated Board memo concerning the <br />Columbine Ranches Property Owners Association, Please refer to page 3 of that memo and to the <br />section "Action taken by the CWCB, Mayl2, 1998", <br /> <br />The Board did agree that a Standard Construction Fund Loan would be appropriate for the purchase <br />of water rights for augmentation, and invited your Association to seek that form of financing, <br />Funding through a Standard Construction Fund Loan would be available June 1999, Please contact <br />John Van Sciver if you would like to pursue this option, <br /> <br />On behalf of the Board, I would like to express my regrets that your loan was not approved, and <br />invite you to apply instead for 'a Standard Construction Fund Loan, <br /> <br />Sincerely, <br /> <br />${~?~ <br /> <br />William p, Stanton, P,E, <br />Chief, Project Planning and Construction Section <br /> <br />Attachment: Updated Memo: ColumbinePOA598memo <br /> <br />cc (w/Att3chment I.): Mr. William H. Brown, Board Member eWeB <br />eWeB Section B Staff <br />Linda Bassi, AGO <br /> <br />O:\msword\ColumbineRPoa598Itr <br />