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<br />\ <br /> <br />Highland Ditch Company <br />Attn: Robert Schlagel, President <br />November 17,2005 <br />Page 2 <br /> <br />3. Certificate of Insurance. Pursuant to paragraphs A.16 and B.6 in the Loan Contract, the <br />Company must have insurance in the (minimum) limits described. The insurance company <br />can fax the certificate to me at 303-894-2578. No loan funds can be disbursed until the <br />Company has provided proof of insurance. <br /> <br />As soon as the signed contract documents and attorney opinion letter are returned, it takes <br />approximately five to ten working days for the State to execute the contract, at which time the <br />loan funds will be available. You will work with Tim Feehan (303-866-3480 or 303-618-5010) <br />during the construction ofthe project and he will handle your loan disbursements. <br /> <br />Please contact me at 303-866-3462 if you have any questions or concerns regarding this contract. <br /> <br />w~ <br /> <br />Chad Henderson <br />Loan Contract Manager <br />Water Supply Planning and Finance Section <br /> <br />cc: /CWCB Contract File <br />CWCB Chrono File <br />