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<br />THE PARTIES HERETO HAVE EXECUTED THIS CONTRACT <br /> <br />BORROWER: Highland Ditch Company, <br />a Colorado nonprofit corporation <br /> <br />ByR~~~ <br />Robert Schlagel, President <br /> <br />~L.\ -b~~~ "i-OD <br />Social Security Number or FEIN <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 />(SEAL) <br /> <br />Attest <br /> <br />By)1~ ~ I~ <br /> <br />Nick Sekich, Jr., Secretary <br /> <br />By <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 until the State Controller, or such assistant as he may <br />delegate, has signed it. The contractor is not authorized to begin performance <br />until the contract is signed and dated below. If performance begins prior to the <br />date below, the State of Colorado may not be obligated to pay for the goods and/or <br />services provided. <br /> <br />Leslie M. Shenefelt, State Controller <br /> <br />By ~~,~ C_'t(ttL'~ <br />Effective Date J d- - U .-0 (; <br /> <br />Loan Contract C150211 <br />Page 11 of 11 <br />