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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 />April 5, 2006 <br /> <br />Russell George <br />Executive Director <br /> <br />Summit Reservoir & Irrigation Company <br />Attn: David V. Sanford, Secretary-Treasurer <br />P. O. Box 127 <br />Dolores CO 81323 <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Rick Brown <br />Acting Deputy <br />Director <br /> <br />SUBJECT: Amendment to Loan Contract C153770 <br /> <br />Dear Mr. Sanford: <br /> <br />Enclosed for the Company's records is the original of Amendment No.2 to Contract C153770 <br />for the $300,000 loan from the Colorado Water Conservation Board. <br /> <br />The time for completion is now December 31, 2006. Please note that, according to the terms of <br />this amendment, the loan will enter repayment as of December 31, 2006 regardless of the state of <br />construction. <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 />cc: <br /> <br />~WCB Contract File <br />CWCB Chrono File <br /> <br />Sincerely, <br /> <br />~ <br /> <br />Chad Henderson <br />Loan Contract Manager <br />Water Supply Planning and Finance Section <br /> <br />