C150137 Contract

• Contract/PO #: C150137
• Contractor Name: Lake Meredith Reservoir Company, The
• Contract Type: Loan
• Water District: 17
• County: Crowley
• Loan Projects - Doc Type: Contract Documents

ORIGINAL CONTRACT and all terms, conditions, and provIsions thereof, unless
specifically modified herein, are to apply to this Amendment as though they were
expressly rewritten, incorporated, and included herein.
3. The CWCB agrees that it shall loan the BORROWER an additional loan amount of
$471,500, including that 1 % loan service fee, with repayment terms of 4% per
annum for a term of 30 years. The BORROWER hereby agrees to repay the loan in
accordance with the terms of the ORIGINAL CONTRACT as herein amended and the
attached Promissory Note.
4. The BORROWER adopted a resolution dated May 14, 2003, attached to the ORIGINAL
CONTRACT as Appendix 3, that authorized the BORROWER to borrow the actual amount
needed for construction of the PROJECT, as well as to establish and collect
assessments sufficient to pay the annual loan payments, to pledge said assessments
for repayment of the loan, and to execute documents necessary to convey a security
interest in said assessments and collateral, if necessary, to the CWCB.
5. Prior to the execution of this Amendment by the CWCB, the BORROWER shall submit
to the CWCB a letter from its attorney stating that it is the attorney's opinion that (1)
the person(s) signing for the BORROWER was duly elected or appointed and has
authority to sign such documents on behalf of the BORROWER and to bind the
BORROWER; (2) the BORROWER'S governing body has validly adopted a resolution
approving this Amendment; (3) there are no provisions in the any state or local law
that prevent this Amendment from binding the BORROWER; and (4) this Amendment
will be valid and binding against the BORROWER if entered into by the CWCB.
6. The BORROWER agrees that it shall execute the following documents, all of which shall
set forth the loan amount of $1 ,471 ,500:
a. Promissory Note, attached as Appendix A and incorporated herein, which shall
replace and supersede the Promissory Note in the amount of $1,000,000, dated
May 1, 2003, attached to the ORIGINAL CONTRACT as Appendix 2.
b. Amendment No. 1 to Security Agreement, attached hereto as Appendix Band
incorporated herein, which shall supplement and operate in conjunction with the
Security Agreement, dated May 1, 2003, attached to the ORIGINAL CONTRACT as
Appendix 4.
c. Amendment No. 1 to Deed of Trust, attached hereto as Appendix C and
incorporated herein, which shall supplement and operate in conjunction with the
Deed of Trust, dated May 1, 2003, attached to the ORIGINAL CONTRACT as
Appendix 5.
7. The parties agree that the ORIGINAL CONTRACT, is and shall be modified, altered, and
changed with the addition of the following:
Special Provision 9. Software Piracy Prohibition Governor's Executive Order
No State or other public funds payable under this Contract shall be used for the
acquisition, operation or maintenance of computer software in violation of United
States copyright laws or applicable licensing restrictions. The Contractor hereby
certifies that, for the term of this Contract and any extensions, the Contractor has in
place appropriate systems and controls to prevent such improper use of public
funds. If the State determines that the Contractor is in violation of this paragraph,

Page 2 of 3