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STATE OF COLORADO <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />1580 Logan Street, Suite 750 <br />Denver, Colorado 80203 <br />Phone: (303) 866-3441 <br />Fax:(303)894-2578 <br />www.cwcb. state.co.us <br />Bill Ritter, Jr. <br />Govemor <br />Harris D. Shemian <br />DNR Executive Director <br />Jennifer L. Gimbel <br />CWCB Director <br />May l, 2009 Dan McAuliffe <br />C WCB Deputy Director <br />The Consolidated Mutual Water Company <br />Attn: Mr. John Boyle, Vice President - Treasurer <br />P. O. Box 150068 <br />Lakewood, CO 80215 <br />Subject: Loan Contract No. C150011 <br />Dear Mr. Boyle: <br />This is to confirm receipt of the UMB Bank wire transfer received by the Colorado State <br />Treasury on May 1, 2009, in the amount of $11,666,498.85, relative to the final payment of the <br />above reference loan agreement between The Consolidated Mutual Water Company and the <br />Colorado Water Conservation Board (CWCB). This loan has been paid in full and CWCB is in <br />the process of releasing the respective collateral. <br />Thank you very much for your payment. Should you have any questions, please contact <br />me at Telephone No. (303) 866-3441, ext. 3205. <br />Very truly yours, <br />S. S. Biondo <br />Finance Manager <br />Water Supply Planning and Finance <br />Water Supply Protection • Watershed Protection & Flood Mitigation • Stream & Lake Protection • Water Supply Planning & Finance <br />Water Conservation & Drought Planning • Intrastate Water Management & Development <br />