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<br />THE PARTIES HERETO HAVE EXECUTED THIS CONTRACT <br /> <br />BORROWER: Town of Hillrose, acting by <br />and through its Water Activity Enterprise <br /> <br />By <br /> <br /> <br />State of Colorado <br />Bill Owens. Governor <br /> <br />BY~~ <br /> <br />For the Executive Director <br />Department of Natural Resources <br />Colorado Water Conservation Board <br />Rod Kuharich, Director <br /> <br />(CORPORATE <br />SEAL) <br /> <br />Attest <br /> <br />B <br />Lynn olemboski, <br />Administrator <br /> <br /> <br />& <br /> <br /> <br />ALL CONTRACTS MUST BE APPROVED BY THE STATE CONTROLLER <br /> <br />CRS 24-30-202 requires that the State Controller approve all state contracts. This <br />contract is not valid and there are no loan funds available until the State <br />Controller, or such assistant as he may delegate, has signed it. <br /> <br /> <br />By <br /> <br />Effective Date <br /> <br /> <br />Page 10 of 10 <br />