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<br />STATE OF COLORADO <br /> <br />Colorado Water Conservation Board <br /> <br />Water Supply Planning & Finance Section <br />1580 Logan Street, Suite 750 <br />Denver, Colorado 80203 <br />www.cwcb.state.co.us <br /> <br /> <br />Bill Owens <br />Governor <br /> <br />January 24, 2006 <br /> <br />Russell George <br />Executive Director <br /> <br />Highland Ditch Company <br />Attn: Jill Baty, Office Manager <br />4309 State Highway 66 <br />Longmont, CO 80504 <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />Subject: Loan Contract C150211 <br /> <br />Dear Ms. Baty: <br /> <br />Enclosed for the Company's records is the original of Contract C150211 for the $545,400 loan <br />from the Colorado Water Conservation Board to continue repairs to the Foothills Reservoir. <br /> <br />The loan funds are now available. Please contact Tim Feehan of the CWCB at 303-866-3480 <br />regarding loan disbursements. <br /> <br />Thank you for all of your cooperation during the contracting process. If you have any questions, <br />please contact me at 303-866-3462. <br /> <br />SincereI1Y... . C/~ <br /> <br />/"'" /:7 /' <br />~J <br /> <br />Chad Henderson <br /> <br />Loan Contract Manager <br /> <br />Water Supply Planning and Finance Section <br /> <br />cc: <br /> <br />Jeffery J. Kahn, Esq. <br />v CWCB Contract File <br />CWCB Chrono File <br />