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<br />15. The undersigned President and Se:cretary have duly manually executed and <br />attested, respectively, the Loan Documents, and the seal of the District has been impressed on the <br />Loan Documents. <br /> <br />16. To the best of our knowledge, the District has complied with all the <br />agreements and satisfied all the conditions on its part to be performed or satisfied under the Loan <br />Documents at or prior to the date hereof. <br />17. The authorization, execution and delivery of the Loan Documents by the <br />District, the observance and performance by the District of its duties, covenants, obligations and <br />agreements thereunder and the consummation of the transactions contemplated therein do not and <br />will not contravene any existing law or result in a breach or violation of any of the terms and <br />provisions of, or constitute a default under, any outstanding instruments relating to the bonds, notes <br />or other indebtedness of or relating to the District. <br />18. There is no reason within our knowledge why the District may not deliver the <br />Loan Documents. <br /> <br />19. This certificate is for the benefit of the owner of the Loan Documents. <br /> <br />WITNESS our hands and the seal of the Oentral Weld County Water District, Weld <br />County, Colorado this February 16,2006. <br /> <br />~ ~ <br />lM>~ ~ 2v~ <br />Chairman of loard and P/esident <br /> <br />Q~w,Q~, . <br /> <br />Secretary <br /> <br /> <br />~"~~f <br /> <br />~ Istnct Manager <br /> <br />~ <br />" ~~~ <br />. <br /> <br /> <br />(SEAL) <br /> <br />Page 4 of 4 <br />