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PROJC02550
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PROJC02550
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Last modified
11/19/2009 11:15:02 AM
Creation date
10/27/2009 10:28:42 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150011
Contractor Name
Consolidated Mutual Water Company, The
Contract Type
Loan
Water District
7
County
Jefferson
Bill Number
SB 99-173
Loan Projects - Doc Type
Contract Documents
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<br />I.I <br />AMENDMENT N0.2 TO SECURITY AGREEMENT <br />DEBTOR: The Consolidated Mutual Water <br />Company <br />SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br />DATE OF ORIGINAL SECURITY AGREEMENT: SEPTEMBER 13, 1999, AND AMENDED APRIL <br />26,2000 <br />Original Promissory Note as Amended: $16,300,000, dated April 26, 2000, <br />Interest at the rate of 4.85% per annum <br />with annual payment for a period of 10 <br />years or until paid in full. <br />ORIGINAL LOAN CONTRACT: C150011, DATED SEPTEMBER 13, 1999, <br />ENDED APRIL 26, 2000 AND <br />2. The Parties expressly agree that this Amendment is supplemental to the <br />Security Agreement and all terms, conditions, and provisions thereof, unless <br />specifically modified below, are to apply to this Amendment as though they <br />were expressly rewritten, incorporated, and included herein. <br />ER 21, 2001 <br />1. The Parties have amended the ORIGINAL L TRACT and Promiss Note <br />ory <br />to decrease the loan amoun $ ,110,487.53, increase the <br />interest rate from 4.85% to d r yment for a period of five (5) years, <br />and change the repayment period from ten (10) to five (5) years, and hereby <br />amend the original Security Agreement to document the change of loan <br />amount, repayment period, and interest rate. <br />Amended Loan Contract: C150011, dated October 12, 2006 <br />Replacement Promissory Note: $9,110,487.53, dated October 12, 2006, <br />interest at the rate of 5.10% per annum <br />with annual payments for a period of 5 <br />years or until paid in full <br />Date of Second Amended Security Agreement: October 12, 2006 <br />Debtor: The Consolidated Mutual Water <br />Company, a Colorado nonprofit <br />corporation <br />(~cAL) <br />By <br />Appendix C to Loan Contract C150011 Amendment No. 3 <br />
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