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<br />C:150L43 <br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />1313 Shennan Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3-141 <br />FAX: (303)866-4-J74 <br />....'WW.C'n'Cb.state.ro.U!i <br /> <br /> <br />May 27,2003 <br /> <br />Bill Owens <br />Governor <br /> <br />Mr. Marley Duclo, President <br />Willow Heights Irrigation Company <br />P.O. 80x 730 <br />Hotchkiss. Colorado 81419 <br /> <br />GregE.Walcher <br />EXl'CUDVeDirector <br /> <br />RodKuharich <br />CWCBDrrector <br /> <br />RE: Loan for Willow Heights Irrigation Company - Dual Water System <br /> <br />Dan ~kAuliffe <br />Deputy DiredOr <br /> <br />Dear Marley: <br /> <br />I am pleased to inform you that the Colorado Water Conservation Board (eWeB) approved your Small <br />Project Loan request on May 20.2003, to rehabilitate the Willow Heights Irrigation Company's <br />existing dual (secondary) irrigation water system. <br /> <br />The Board approved a Small Project Loan from the Construction Fund in a maximwn amount of <br />5104,535 (including the 1% loan service charge) with loan terms of3.75% per annum for 30 years. I <br />have anached a copy of the updated Board memo that includes a section "Action taken by the eWCB <br />on May 20, 2003:' <br /> <br />When the Board approves a loan there remain several conditions: <br /> <br />a) A Feasibilitv Study is rCQuired, Bruce Johnson has reviewed the preliminary study titled <br />"Feasibility of Rec011Stnlction of the Irrigation Disrn'bution s..vstem for Willow Heights <br />- April 2003," Please continue to work with him to finalize this report, The repon, in <br />combination with the eWCB board memo dared May 7, 2003 will meet the <br />requirements of the CWCB Construction Fund Guidelines for feasibility studies. <br /> <br />b) An approved contract must be in place before funds can be advanced. Jan Illian will <br />place this project on our contracting "hot list" and will initiate the loan contracting <br />process. Once the contract is fmalized the Company may request loan funds to rover <br />eligible project expenses. For future reference Jan's phone number is 303-866-3462. <br /> <br />c) You must adhere to the CWeB Design and Construction Administration Procedures. <br />Tim Feehan will contact you regarding the eWCB requirements concerning project <br />bidding. design, and construction. Tim \\;11 make construction inspections, which will <br />be the basis of the monthly pay estimates for disbursement of your loan funds. Tim's <br />phone number is 303.866.3480. <br /> <br />Flood Protection. WilterSupply PLmning and fln.-.nce. Stream and Lake Protection <br />WaleI' Supply Proll'Ction. Conser"'dtion and Drought PLmrting <br />