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<br />-.. ii;., <br /> <br />BORROWER Little Thompson Water District <br />acting by and through the Little <br />Thompson Water District Water Activity <br />Enterprise <br />CONTRACT No. C150210 <br />PROJECT AMOUNT $4,945,500 <br />LOAN SERVICE FEE $49,455 <br />LOAN AMOUNT $4,994,955 <br /> <br />Agency Name: Water Conservation Board <br />Agency Number PDA . <br />Routing Number 06 PDA tJ ~ 6 b L/ <br />, <br /> <br />LOAN CONTRACT <br /> <br />(STANDARD CONTRACT - WAIVER #160 - APPROVED NOVEMBER 10, 2003) <br /> <br />THIS CONTRACT, made this February 21, 2006, by and between the State of <br />Colorado for the use and benefit of the Department of Natural Resources, Colorado Water <br />Conservation Board ("CWCB" or "STATE"), and Little Thompson Water District acting by <br />and through the Little Thompson Water District Water Activity Enterprise, P.O. Box G, <br />Berthoud, Colorado 80513 ("BORROWER"). <br /> <br />FACTUAL RECITALS <br /> <br />1. Authority exists in the law, and funds have been budgeted, appropriated and otherwise <br />made available and a sufficient unencumbered balance thereof remains available for <br />encumbering and subsequent payment of this contract under: Contract Encumbrance <br />No. C150210, Fund Number 424, Appropriation Code MS6, Organization yyy\(, GBL <br />L210, Program WTRC, Object Code 5560, Reporting Category 0210. <br /> <br />2. Required approval, clearance, and coordination have been accomplished from and with <br />appropriate agencies. <br /> <br />3. The PROJECT Summary, attached as Appendix 1 and incorporated herein, contains <br />BORROWER Information (Section 1), the PROJECT Description (Section 2), C\NCB's <br />authority for making this loan (Section 3), and CWCB Approval and Legislative <br />Authorization which identifies the amount of the loan and the terms of repayment <br />(Section 4). <br /> <br />4. The CWCB now desires, by this contract, to loan money to the BORROWER for this <br />PROJECT upon mutually agreeable terms and conditions. <br /> <br />THEREFORE, in consideration of the mutual and dependent covenants contained <br />herein, the parties agree as follows: <br /> <br />A. LOAN PROVISIONS <br /> <br />1. Loan Service Fee. The amount of the loan (LOAN AMOUNT) shall include (1) the <br />amount of the funds loaned by the CWCB to the BORROWER for the PROJECT and (2) <br />a service fee of one percent (1 %) of the PROJECT amount. In the event that the <br />BORROWER does not use the LOAN AMOUNT authorized, the parties shall amend this <br /> <br />Loan Contract C15021 0 <br />Page 1 of 11 <br />