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<br />DEWEESE-DYE DITCH AND RESERVOIR COMPANY <br />CANON CITY, COLORADO 81212 <br /> <br />Dec. 15, 1999 <br /> <br />Mr. John Van Sciver <br />Colorado Water Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver CO 80203 <br /> <br />Re: Payment for Loan Contract # C153832. <br /> <br />Dear John, <br /> <br />We have enclosed a check for $153,046.23. We wish to pay the accrued <br />Interest to Dec. 1,1999 (approximately $4,046.23) first, then apply the rest <br />against the principal of the loan (C153832) for DeWeese-Dye Ditch and <br />Reservoir Company. <br /> <br />We believe that the amount of our loan will be approximately $585,000.00 <br />and we request new paper work to reflect this change. <br /> <br />Sincerely, <br /> <br />.~~~ <br /> <br />Ronald Dorn, President <br />