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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 Ritter, Jr. <br />Governor <br /> <br />March 18, 2008 <br /> <br />Harris D. Sherman <br />Executive Director <br /> <br />The Spring Dale Ditch Company <br />Attn: Leon Fritzler, President <br />P.O. Box 109 <br />Sterling, CO 80751 <br /> <br />Jennifer L. Gimbel <br />CWCB Director <br /> <br />Dan McAuliffe <br />Deputy Director <br /> <br />Subject: Loan Contract C150145 <br /> <br />Dear Mr. Fritzler: <br /> <br />Enclosed for review are the documents for Amendment No.1 to Contract C150l45 to reduce the <br />amount of the loan from the Colorado Water Conservation Board to $45,325.19. <br /> <br />The enclosed contract documents consist of the loan contract amendment, promissory note <br />(appendix A), security agreement (appendix B) and deed of trust (appendix C). <br /> <br />If the Company is satisfied with the enclosed documents, these documents are suitable for <br />signing. The president must sign each document (four original copies of the contract, and one <br />copy each of the promissory note, security agreement and deed of trust) where indicated by a <br />"sign here" sticker, and the corporate secretary must attest all of the signatures. A notary public <br />must witness the signatures on the deed of trust. <br /> <br />Also, the enclosed W -9 must be filled out and returned when the loan contract amendment is <br />retumed. <br /> <br />Please contact me at 303-866-3462 if you have any questions or concerns regarding this contract. <br /> <br />Sincerely, _ <br /> <br />UcvLMcw~ <br /> <br />V aua; ~c Williams <br />Loan Contract Manager <br />Water Supply Planning and Finance Section <br /> <br />cc: CWCB Contract File <br />