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<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.us <br /> <br /> <br />October 13, 2005 <br /> <br />Bill Owens <br />Governor <br /> <br />NOTICE OF PROJECT SUBSTANTIAL COMPLETION AND REPAYMENT SCHEDULE <br /> <br />Russell George <br />Executive Director <br /> <br />Mr. Mike Ritchard, Secretary <br />East Fork Mutual Irrigation Company <br />P.G. Box 511 <br />Krernmling, CO 80459 <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Rick Brown <br />Acting Deputy <br />Director <br /> <br />Re: Contract Number C150 166 - Ditch Rehabilitation <br /> <br />Dear Mr. Ritchard: <br /> <br />This letter is to advise you that the work described in the above referenced Contract was substantially completed as of <br />October 1,2005. <br /> <br />In accordance with the Contract, the East Fork Mutual Irrigation Company owes $7,501.07 for interest during <br />construction, as calculated on the attached spreadsheet, due on November 3, 2005. Make your check payable to the Colorado <br />Water Conservation Board and include the loan contract number on the check. <br /> <br />As outlined in the Promissory Note, Appendix 2 of Contract, your frrst loan payment in the amount of$18,216.28 is due <br />on October 1, 2006. Please see the attached Loan Repayment Schedule and a copy of the Promissory Note. <br /> <br />In accordance with the Borrower's Liability Insurance Provision of the Contract, Paragraph A.6, please note that the <br />renewed insurance certificates need to be provided to the Colorado Water Conservation Board annually. <br /> <br />It has been a pleasure of the Colorado Water Conservation Board to work with the East Fork Mutual Irrigation Company <br />on the successful completion of this project. Please call if you have any questions regarding this matter or if we can be of service <br />to you in the future. <br /> <br />;;pJJ <br /> <br />Mike Serlet, P.E. <br />Chief, Water Supply Planning and Finance Section <br /> <br />cc. <br /> <br />John Redifer, CWCB Board Member <br />DNR Accounting <br />Water Supply Planning and Finance Section <br />Project file <br />Contract file <br />Accounts Receivable <br /> <br />Contract C150l66 <br />Expended Amount <br /> <br />= $381,272.00 <br />= $381,272.00 <br /> <br />Flood Protection. Water Supply Planning and Finance. Stream and Lake Protection <br />Water Supply Protection. Conservation and Drought Planning <br />