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<br />STATE OF COLOI{ADO <br /> <br />Colorado Water Conservation Board <br /> <br />Water Supply Planning & Finance Section <br />1580 Logan Street, Suite 750 <br />Denver, Colorado 80203 <br />www.cwcb.state.co.us <br /> <br /> <br />Bill Owens <br />Governor <br /> <br />December 2, 2004 <br /> <br />Russell George <br />Executive Director <br /> <br />Little Thompson Water District <br />Attn: Hank Whittet, District Manager <br />P.O. Box G <br />Berthoud,CO 80513 <br /> <br />Rod Kuharich <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />Subject: Loan Contract C150121 <br /> <br />Dear Mr. Whittet: <br /> <br />Enclosed for review are the documents for Contract C150121 for the $3,937,500 loan <br />from the Colorado W.ater Conservation Board for construction of a new water storage <br />reservoir in a 50/50 partnership with the Central Weld County Water District. <br /> <br />The enclosed contract documents consist of the loan contract, project summary <br />(appendix 1), promissory note (appendix 2), complete resolution (appendix 3), and <br />security agreement (appendix 4). <br /> <br />If the Company is satisfied with the enclosed documents, these documents are suitable <br />for signing. The president must sign each document (four copies of the contract, and <br />one copy each of the promissory note, security agreement and deed of trust) where <br />indicated by a "sign here" sticker, and the corporate secretary must attest all of the <br />signatures. <br /> <br />The following will need to be addressed during the contracting process. <br /> <br />1. Attorney Opinion Letter. The company's attorney must provide an opinion letter <br />pursuant to Paragraph A.7 of the loan contract. Your attorney has been sent copies <br />of the approval letter and board memo, this letter and contract documents. <br /> <br />2. CWCB Forms. There are two forms enclosed that must be filled out and returned <br />when the loan contract is returned: (1) a W-9 Request for Taxpayer Identification <br />Number, and (2) an authorization agreement is for electronic fund transfer of loan <br />funds into the District's checking account. <br /> <br />3. Certificate of Insurance. Pursuant to Paragraph A.14 in the Loan Contract, the <br />District must have insurance in the (minimum) limits described. The insurance <br /> <br />I~,- <br /> <br />I <br />-I <br />