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<br />July 21,2006 <br /> <br />From: John Guenzi <br />12967 Hwy 6 <br />Merino CO 80741 <br /> <br />Attn: Vaughn <br />Colorado Water Conservation Board <br />1580 Logan Street, Suite 750 <br />Denver, CO 80203 <br /> <br />On behalf of Ken, Dave, Eva and myself John Guenzi we are requesting The CWCB <br />to amend our loan contract C 150 1 74 to remove land The City of Sterling needs to secure <br />more length to their existing East, West runway for a future expansion at the Crosson <br />Field Airport in Sterling. <br />After talking with Tim Feehan about this transaction he told me we needed a Certified <br />Appraiser to reevaluate the land after the land described in the attached exhibit A was <br />acquired by the city. The total acres are 24,4 acres leaving 205.59 acres to secure the <br />loan. The letter written by Bob Pennington on our behalf states that it would still is in <br />excess of the amount needed. <br />In closing we feel have met the CWCB's concerns that there is still enough collateral <br />to secure the original loan and that the loan should be amended. <br />We appreciate the opportunity that you have given us on this project to allow us to <br />continue to farm with the ability to produce recharge water for depletions we owe the <br />South Platte River. <br /> <br />Thanks, John <br />