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<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.us <br /> <br /> <br />January 28, 2002 <br /> <br />:Bill Owens <br />Governor <br /> <br />GregE. Walcher <br />Executive Director <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Mr. Roger Warren, President <br />Appleton Northwest (ML 369) <br />Lateral and Drainage Co. <br />878 22 Road <br />Grand Junction, CO 81505 <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />RE: <br /> <br />Rehabilitation of the Appleton Northwest Lateral <br />Small Project Loan Approval <br /> <br />Dear Mr. Warren, <br /> <br />I am pleased to inform you that the Colorado Water ConselVation Board (CWCB) approved your <br />Small Project Loan request on January 23, 2002. The loan is for rehabilitation work on the <br />Appleton Northwest (ML 369) Lateral. <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 2.75% for 30 years. I have attached a copy of the updated Board <br />memo concerning the Appleton Northwest (ML 369) Lateral and Drainage Company. Please refer <br />to page 4 of that rnerno and to the section "Action taken by the CWCB January 23, 2002."' <br /> <br />When the Board approves a Small Project Loan there remain several conditions: <br /> <br />a) A Feasibility Studv is required. John Van Sciver has reviewed the study titled "Feasibility of <br />Rehabilitation of the Appleton Northwest Lateral (ML 369)." The report rneets the requirements <br />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 IlIian has placed <br />this project on our contracting "hot list" and has initiated the loan contracting process. I <br />understand that Phase 1 of the project will be constructed this spring, with cornpletiondate of <br />April 15. 2002. Our goal is to have the loan contract signed by all parties to meet this schedule. <br />