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<br />t <br /> <br />. <br /> <br />STATE ~ COLORADO <br /> <br />- <br /> <br />, <br /> <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />721 Centennial Building <br />1 313 Sherman Street <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />FAX: (303) 866-4474 <br /> <br />May 19, 1998 <br /> <br />Roy Romer <br />Governor <br /> <br />James S. Lochhead <br />Executive Director, DNR <br /> <br />Danes C. Lire, P.E. <br />Director, ewes <br /> <br />Peter H. EVilrl5 <br />Acting Director, eweB <br /> <br />Mr. Joseph E. Rottman <br />Chatfield South Water District <br />8730 W. Mountain View Lane <br />Littleton, CO 80125 <br /> <br />RE: <br /> <br />Purchase of Water Rights <br />Revised Loan Terms <br /> <br />Dear Mr. Rottman, <br /> <br />Concerning the Chatfield South Water District's existing $500,000 loan authorization from the <br />Construction Fund, I am pleased to inform you the Colorado Water Conservation Board (CWCB) <br />has revised the terms of the loan to allow the District to borrow up to 100% of the cost of the water <br />purchased. It is our understanding these funds will be used to purchase raw water rights. I have <br />attached a copy of the updated Board memo dated April 29, 1998, concerning the Chatfield South <br />Water District. Please refer to page 2 of that memo and to the section "Action Taken by the <br />CWCB, May 12, 1998". You are reminded that the conditions of our letter of December 3, 1997 <br />continue to apply. <br /> <br />On behalf of the Board, I would like to thank you for applying for a Construction Fund Loan from <br />the Colorado Water Conservation Board. <br /> <br />Sincerely, <br /> <br />IV~P~ <br /> <br />William P. Stanton, P.E. <br />Colorado Water Conservation Board <br /> <br />Attachment: Updated Memo: ChatfieldS0598memo <br /> <br />cc (with Attachment): ewes Section B Staff <br />lindaBassi,AGO <br />, <br />D:\Proj-New\Chatfield598Itr <br />