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<br />. <br /> <br />. <br /> <br />PROJECT SUMMARY - CONTRACT C150063 <br /> <br />SECTION 1 -BORROWER INFORMATION <br />A. Borrower info <br />Name: Jackson Lake Reservoir and Irrigation Company <br />Address: P.O. Box 38, Fort Morgan, CO, 80701 <br />Phone Number:(970) 867-7561 <br />Type of Entity: Colorado nonprofit corporation <br />B. PARKS info <br />Name: Division of Parks and Outdoor Recreation and the Board of Parks and Outdoor <br />Recreation <br />Address: 1120 Lincoln, Suite 802, Denver, CO, 80203 <br />Phone Number: (303) 894-2583 <br />Type of Entity: Colorado state agency <br /> <br />Section 2 - Project Description <br />1_ Description of Project: Rehabilitation of the Jackson Lake dam, located in Morgan County. <br />2, Description of Feasibility Study: Compiled by W,W, Wheeler and submitted to CWCB in October <br />2000, <br /> <br />SECTION 3 - Additional Board Requirements <br />The CWCB imposed the following conditions on the loan to the BORROWER: <br />1. The PROJECT design must be approved by the state Engineer. The BORROWER obtained the State <br />Engineer's approval of the PROJECT design on August 10, 2001. <br />2. The BORROWER must obtain any permits necessary for the PROJECT. The BORROWER and PARKS <br />must enter into a revised lease agreement. The BORROWER and PARKS executed said lease <br />agreement on August 9, 2001. <br /> <br />SECTION 4 - DISBURSEMENT SCHEDULE <br />The BORROWER shall prepare a periodic progress report which contains a statement of the PROJECT <br />costs expended for that period and shall forward said statement to the CWCB. After receipt of the <br />periodic progress report from the BORROWER, and review and acceptance of the items therein as <br />eligible expenses as described herein, the CWCB will disburse loan funds to the BORROWER in the <br />amount set forth in the report or such portion that has been approved by the CWCB. Such payment <br />shall be made within thirty (30) days from the CWCS's approval of each progress report, The CWCB <br />shall disburse the full amount of funds loaned to PARKS prior to disbursing funds loaned to the <br />BORROWER. <br /> <br />Appendix 1 to Loan Contract C150063 <br />