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<br />~ , <br />, <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />721 Centennial Building <br />1313 Sherman Street <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br /> <br />z,/z,/18 <br /> <br />STATE OF COLORADO <br />t?-~Q<--f :/ &>7/ (Jell) a <br />h/e..l.iJ -I g:>~;8'2;' 0/ ,'; <br /> <br />. <br />'t'. . I <br /> <br />Roy Romer <br />Co\"l!rrlOl <br /> <br />October 29, 1997 <br /> <br />James S. Lochhead <br />Executive Oireoor, DNR <br /> <br />Danes C. Lile. PE. <br />Director, CWCB <br /> <br />NOTICE OF PROJECT SUBSTANTIAL COMPLETION AND REPAYMENT SCHEDULE <br /> <br />~M.ul-uahM~sa'tateraIEdte rise <br />, '~'c..'- . ,'.'".''' "", ,.' ..' rp <br />'c/o'Orchard Mesa Irrigation District <br />Mr. Jim Rooks, Manager <br />P.O. Box 356 <br />Palisade, Colorado 81525-0356 <br /> <br />Re: Contract Number C-153723 - Mutual Mesa Lateral Rehabilitation <br /> <br />Dear Mr. Rooks: <br /> <br />This letter is to advise you that the work described in the above referenced Contract has <br />been substantially completed as of May 1, 1997. In accordance with the Contract repayment <br />conditions, the Mutual Mesa Lateral Enterprise owes $7,986.03 for interest during construction, as <br />calculated on the attached spreadsheet. Your June 1, 1997 payment of $400,000.00 will cover this <br />amount plus $392,013.97 of principal. Your outstanding loan amount will now equal $469,813.04. <br /> <br />Additionally, as outlined in paragraph A.9.d of the Contract, your first loan payment for the <br />amount of $27,169.33 is due on May 1, 1998. Please see the attached Loan Amortization Schedule. <br />As established in paragraph A.9.f. of the Contract, Jan Illian of my staff will be sending you an <br />amended contract outlining.the above terms. <br /> <br />Make your checks payable to the Colorado Water Conservation Board and include the <br />Contract Number on the check. Also, please provide a current certificate of project liability <br />insurance as described on page 3, paragraph A.6. of the Contract. A current certificate should be <br />submitted each year with your loan payment to verify an up-to-date policy. <br /> <br />It has been a pleasure of the Cqlorado Water Conservation Board to work with the Mutual <br />Mesa Lateral Enterprise on the successful completion of this project. Please call if you have any <br />questions regarding this matter or if we can be of service to you in the future. <br /> <br />Sincerely, <br /> <br />fI~P~ <br /> <br />William P. Stanton, P .E. <br />Chief, Project Planning and Construction Section <br />