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-.~ <br />TIMOTHY J. DOW, MBA, JD <br />PATRICIA T. DOW, CPA, JD, LLM* <br />MAYO SOMMERMEYER, <br />LAWYER, LLC** OF COUNSEL <br />VIA FEDERAL EXPRESS <br />Chad Henderson <br />TxE Dow Law Fi>~, LLc <br />ATTORNEYS AND COUNSELORS AT LAW <br />P.O. BOX 1578 <br />FORT COLLINS, COLORADO 80522-1578 <br />(970)498-9900 <br />FAX: (970) 498-9966 <br />E-MAIL: dow~ndowlawfirm.com <br /># 7 CLOCK TOWER SQUARE <br />323 SOUTH COLLEGE AVENUE <br />FORT COLLINS, COLORADO 80524 <br />~ ALSO ADMITTED TO PRACTICE LAW M NEBRASKA <br />*•ALSO ADMITTED TO PRACTICE LAW IN WYOMING <br />January 19, 2005 <br />Acting Contract Manager <br />Water Supply Planning and Financing Section <br />Colorado Water Conservation Board <br />1580 Logan St., Suite 750 <br />Denver, CO 80203 <br />Re: Larimer & Weld Irrigation Company <br />Loan Contract C 150189 <br />Dear Mr. Henderson: <br />This firm represents Larimer & Weld Irrigation Company. Regarding the captioned loan <br />matter, you should find the following original loan documents which have been duly executed by <br />Larimer & Weld: <br />1. Four duplicate originals of the Loan Contract. <br />2. W-9. <br />3. Project Summary /Appendix 1. <br />4. Promissory Note /Appendix 2. <br />5. Shareholders' Resolutions /Appendix 3a. <br />6. Board Resolutions /Appendix 3b. <br />7. Security Agreement /Appendix 4. <br />8. Deed of Trust /Appendix 5. <br />9. Our Opinion of Counsel as required by the Loan Contract. <br />Larimer & Weld has elected not to sign the authorization for automatic deposits for the <br />loan disbursements. Our client prefers that when disbursements are made CWCB simply send a <br />check for those disbursements directly to Larimer & Weld at its office. Please let us know if you <br />have any problems with handling disbursements in that manner. <br />When your review and execution by CWCB has been completed, please return to us a <br />complete set of copies of the fully executed loan documents. In addition, please also return to us <br />a copy of the Deed of Trust after it has been recorded so that we will have verification of its <br />recording along with the recording information. <br />