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<br />j' <br /> <br />~ <br /> <br />vi /A.-rl ...t.., <br /> <br />. <br /> <br />. <br /> <br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br /> <br />Department of Natural Resources <br />1313 Sherman Street. Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866.3441 <br />FAX: (303) 866-4474 <br />www.cwcb.state.co.os <br /> <br />e <br /> <br />Bill Owens <br />Governor <br /> <br />November 21,2000 <br /> <br />Greg E. Walcher <br />Executive Director <br /> <br />Dan McAuliffe <br />Acting Director <br /> <br />Mr, Larry Frame, Superintendent <br />Julesburg Irrigation District <br />315 Cedar Street <br />Julesburg, CO 80737 <br /> <br />RE: Reconstruction of Peterson Control Structures <br />Small Project Loan Approval <br />APproval to Refinance Contract C-153604 <br /> <br />Dear Larry, <br /> <br />I am pleased to inform you that the Colorado Water Conservation Board (CWCB) approved your <br />Small Project Loan request on November 20, :!QOO. The loan is for reconstruction of the Peterson <br />Ditch control structures on Lodgepole Creek, The eWCB simultaneously approved refinance of <br />your existing loan C-153604 to terms of 3,5% for 30 years, <br /> <br />The Board approved a Small Project Loan from the Construction Fund in a maximum amount of <br />$100,000, The loan terms are 3,5% for'30 years, I have attached a copy of the updated Board <br />memo concerning the Julesburg Irrigation District. Please refer to page 6 of that memo and to the <br />section "Action taken by the CWCB November 20, 2000." <br /> <br />When the Board approves a Small Project Loar1 there remain several conditions: <br /> <br />a) A Feasibility Studv is reauired, John Van Soiver has drafted the study, and will complete it with <br />input from you and your engineer. The studY must be completed before any CWCB funds are <br />advanced for the project. <br /> <br />b) An approved contract must be in place before funds can be advanced, Jan IlIian has placed <br />this project on our contracting "hot lisf' @nd has initiated the loan contracting process. I <br />understand the project has a start construction date of February 2001, and that the District will <br />need funds to pay contractor bills on or about March 1, 2001. Our goal is to have the loan <br />contract signed by all parties to meet these scheduled dates, <br />