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THE PARTIES HERETO HAVE EXECUTED THIS CONTRACT <br />BORROWER: Lake Arrowhead Water <br />Association, a Colorado nonprofit <br />corporation <br />By ~~ <br />Leslie Lieser, President <br />84-1269486 <br />FEIN <br />State of Colorado <br />Bill Owens, Governor <br />B ~~ <br />Y <br />For the Executive Director <br />Department of Natural Resources <br />Colorado Water Conservation Board <br />Rod Kuharich, Director <br />(SEAL) <br />Attest <br />By~~ <br />Richard D. Haines, Secretary-Treasurer <br />By <br />ALL CONTRACTS MUST BE APPROVED BY THE STATE CONTROLLER <br />CRS 24-30-202 requires that the State Controller approve all state contracts. <br />This contract is not valid until the State Controller, or such assistant as he <br />may delegate, has signed it. The contractor is not authorized to begin <br />performance until the contract is signed and dated below. If performance <br />begins prior to the date below, the State of Colorado may not be obligated to <br />pay for the goods and/or services provided. <br />Leslie M. Shenefelt, State Controller <br />By ~ <br />Effective Date ~- ~ 3 ~~~ <br />v~+ <br />11 3 <br />Loan Contract C150~-9r1-Amendment No. 1 <br />Page 5 of 5 <br />