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<br />CWCB Construction Fund Loan Application <br /> <br />4. Please provide a brief narrative description of sources of funding, in addition to the CWCB, <br />which have been explored for this project (Examples would be Banks, Rural Development, <br />NRCS, Colorado Water Resources and Power Development Authority, Colorado Division of <br />Local Government, etc.). <br /> <br />We have entered discussions with Bank of Colorado (Sterling - Steve Meier) regarding a possible <br />bridge loan if we are approved for CWCB fmancing. <br /> <br />5. What collateral will you be offering for this loan? Possibilities include the project itself, pledge <br />of revenues, real estate, water rights: <br /> <br />All facilities of the project fmanced through CWCB loan; one share of Jackson Lake, also fmanced <br />by this loan; a pledge of revenues from marketable water credits generated from the project that <br />may from time to time be in excess of those needed to cover depletions of irrigation wells covered <br />by our pending Plan of Augmentation. In addition, each of the farming operations that own the <br />LLC can pledge 2 Private Rights in Riverside Reservoir (for a total of 6) if necessary. <br /> <br />The above statements are true, to the best of my knowledge: <br />Signature 0; Applicant fA · 11 II <br />By _ "j)~ ~ <br />Printed Name Ie M C<) I L...L- <br />Title f 0 ~ 1A1o:-.l1cr:p 1/ ) rL G>r L( t{ 2[) LLC <br />Date 6 ( - 2. 7 - D <..f <br /> <br />C:\Projects\Market\CFLA902 <br /> <br />5 <br /> <br />CFl.A902 <br />