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STATE OF COLORADO <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />1313 Shem~an Street, Room 721 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />Fax: (303)866-4474 <br />www.cwcb.state.co.us <br />November 20, 2008 <br /> Bill Ritter, Jr. <br /> Governor <br />Mr. James Broderick Executive Director Hams D. Shem~an <br />DNR Executive Director <br />Southeastern Colorado WCD -Water Activity Enterprise <br />31717 United Avenue Jennifer L. Gimbel <br />CWCB Director <br />Pueblo, Colorado 81001 <br /> Dan McAuliffe <br /> CWCB Deputy Director <br />RE: Loan for the Arkansas Valley Conduit <br />Loan Contract #C150238 <br />Dear Mr. Broderick: <br />I am pleased to inform you that on November 19, 2008, the Colorado Water Conservation Board <br />approved your request for a two year extension on the conditional loan approval for the Arkansas <br />Valley Conduit Project. The loan approval language will be included in the 2009 CWCB Projects Bill <br />and submitted to the General Assembly for approval. All loan approval conditions as approved by the <br />CWCB in November, 2006, will remain in effect. I have attached a copy of the updated Board Memo <br />dated November 20, 2008, that includes the Board's approval. <br />On behalf of the Board, I would like to thank you for your interest in a loan from the Colorado Water <br />Conservation Board. <br />Sincerely, <br />-~/~f.1~ <br />Mike Serlet, P.E., Chief <br />Water Supply Planning and Finance Section <br />Colorado Water Conservation Board <br /> <br />Kirk Russell, P.E., Loan Marketing <br />Water Supply Planning and Finance Section <br />Colorado Water Conservation Board <br />Attachment: Updated Board Memo <br />E-mail Copy (Including Attachments) <br />Reed Dils, Board Member -Arkansas River Basin <br />Amy Stengel, AGO <br />CWCB Finance Section Staff <br />Water Supply Protection • Watershed Protection & Flood Mitigation • Stream & Lake Protection • Water Supply Planning & Finance <br />Water Conservation & Drought Planning • Intrastate Weter Management & Development <br />