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<br />STATE OF COLORADO <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 />September 16, 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 />j <br /> <br />Subject: Loan Contract C150121 <br /> <br />Dear Mr. Whittet: <br /> <br />Tim Feehan just informed me that you never received the contract documents <br />transmitted on June 30, 2004. Enclosed for review are the documents for Contract <br />C150121 for the $3,937,500 loan from the Colorado Water Conservation Board for <br />construction of a new water storage reservoir in a 50/50 partnership with the Central <br />Weld County Water District. <br /> <br />The enclosed contract documents consist of the loan contract, project summary <br />(appendix 1), promissory note (appendix 2), and security agreement (appendix 4). <br /> <br />The following will need to be addressed during the contracting process. <br /> <br />1. Attorney Opinion Letter. The District's bond counsel must provide an opinion letter <br />pursuant to Paragraph A.4 of the loan contract. <br /> <br />2. Resolutions or ordinances. The District must adopt resolutions (or ordinances) in <br />accordance with Paragraph A.5 of the loan contract. When the proposed resolution <br />has been drafted, please provide me with a copy to review to make sure it satisfies <br />the CWCB requirements. Also, I will use the description of the revenues in the <br />Security Agreement (collateral description). <br /> <br />3. Existing Debt. The District must provide proof of parity in accordance with <br />provisions in the District's existing bonds and loans. This information will be <br />inserted in Section 5 of the Project Summary. <br /> <br />4. 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 />I <br /> <br />Jan lllian - Phone 303-866-3462- Fax 303-894-2578 <br /> <br />~~ .ifr/ ~-. ",-. <br />