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<br />4. You must adhere to CWCB's Standard Contracting Provisions. <br /> <br />5. You must adhere to the collateral requirements per the attached Board Memorandum. As <br />security for the loan the Fulton Irrigation Ditch Company will pledge assessment revenues <br />backed by an assessment covenant and other Company property adequate to ensure <br />repayment of the loan. <br /> <br />6. The authorization will not commit the Colorado Water Conservation Board to provide any <br />additional funding for the Company's system rehabilitation program. <br /> <br />On behalf of the Board, I would like to thank you for applying for a Loan from the Colorado <br />Water Conservation Board. <br /> <br />Sincerely, <br /> <br />~~J <br /> <br />Mike Serlet, PE, Chief <br />Water Supply Planning and Finance Section <br />Colorado Water Conservation Board <br /> <br />Attachments: <br /> <br />Updated Memo: East Fork Mutual Irrigation Company Loan Request <br /> <br />C: Mr, Eric Wilkinson <br />CWCB Section B Staff <br />Chrono File <br /> <br />Filename: FultonIrrigationDitchCompany.Approval <br /> <br />Flood Protection. Water Project Planning ~d Financing. Stream and Lake Protection <br />Water Supply Protection. Conservation Planning <br />