C150179 Feasibility Study

• Contract/PO #: C150179
• Contractor Name: Henry Bolen Ditch Company
• Contract Type: Loan
• Water District: 34
• County: Montezuma
• Loan Projects - Doc Type: Feasibility Study

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The Company agrees that the Funding Members shall be entitled to
carry the above maximum amounts of water in the pipeline.

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IN WITNESS WHEREOF, the parties have caused this Agreement to be k ~ /
executed as of the day and year first above written.
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9. Company agrees that any Member of the Company or any non-Member
that seeks to have water carried in the pipeline not included in Section 8
above shall be required to bear a proportional share of the costs arising
from the NRCS Contract and for the CWCB Loan repayment through a
reallocation of the of the percentages in Section 8 above: provided
however, that the Company may also impose other costs upon the
carriage of such new water in the pipeline.
10. The Funding Members understand that the Company may pledge this
Funding Agreement as collateral for the Loan, that the Company will rely
on this Funding Agreement for its primary source of money for
repayment of the Loan and that the Company may use all legal means
available to collect from Funding Members any amounts in arrears.
11. This Agreement may be signed in counterparts and all signatures shall
be notarized.
12. The parties agree that the Company shall be the owner of the
Additionsllmprovements.

Dick White

Gilmer Pickens

Greg Wolcott

Terry Moores

Raymond Keith

Curtis Baker

Frank Willburn

I,
this application and verify its content.

, state under oath that I have read

Applicant

Subscribed and affirmed, or sworn to before me in the County of Montezuma, State of Colorado, this
day of , and 20 _' My commission expires: