Laserfiche WebLink
<br />oF' <br />" <br /> <br />. <br /> <br />. <br /> <br />ColoradQ Water Conservation Board <br />October 29, 1992 <br />Page 4 <br /> <br />our operations. <br /> <br />The Town must be in a position to build capital reserves. They <br />will be surely needed. phases II and III are pending and the Town <br />needs to build reserves to apply for matching hmd grants. Our <br />existing debt of $700,000 with <In additiona,l $370,000 in loans <br />brings our total indebtedness to $1,070,000, maximizing our <br />borrowing potential. <br /> <br />I hope this helps to clarify our position. <br />consideration to our loan request. <br /> <br />Thank you for your <br /> <br />Sincerely, <br />-'/1 .. ~ <br />--,,~--icc-c '--LL ~ <br />J~lne S. Estep; Mayor <br />Tm<rr of Norwood <br />