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GRANTEE: PREWITT OPERATING COMMITTEE Agency Name: Water Conservation Board <br />Contract No. C150213 Agency Number PDA <br />Contract Amount $101,800 Routing Number �� /�✓�i9 ��d � z <br />G RANT CONTRACT <br />THIS GRANT CONTRACT, made this January 23, 2006, by and befinreen the <br />State of Colorado for the use and benefit of the Department of Natural Resources, <br />Colorado Water Conservation Board, ("CWCB" or " STATE "), and Logan Irrigation District, <br />a Colorado special district, on behalf of the Prewitt Operating Committee, P.O. Box 333, <br />Sterling, CO 80751-0333 ( "GRANTEE" OR "CONTRACTOR"�. <br />FACTUAL RECITALS <br />1. Authority exists in the law, and funds have been budgeted, appropriated and <br />otherwise made available and a sufficient unencumbered balance thereof remains <br />available for payment as follows: Fund Number 424, Organization YYYY, GBL P213, <br />Appropriation Code AED, Program WTRC, Object Code 5560, Contract Encumbrance <br />No. C150213. <br />2. Required approval, clearance, and coordination have been accomplished from and <br />with appropriate agencies. <br />3. Senate Bill 025-001 authorizes the CWCB to make loans and grants to agricultural <br />organizations for emergency drought-related water augmentation purposes from the <br />CWCB Severance Tax Trust Fund Perpetual Base Account, based on <br />recommendations from the Director of the CWCB, the State Engineer, the <br />Commissioner of Agriculture and the Executive Director of the Department of Natural <br />Resources. Such loans or grants may only be made if, pursuant to state or federal <br />law, any portion of Colorado has received emergency drought designation or a <br />disaster emergency been proclaimed due to drought. <br />4. Grantee submitted a grant application, dated May 17, 2005 ("Application"), to CWCB <br />for reimbursement of funds expended in connection with the lease and delivery of <br />augmentation water during 2004, in excess of normal years due to the drought, <br />described in Grantee's Application. <br />5. Th2 APPLICATION was approved for funding, in accordance with the Agricultural <br />Emergency Drought Response Grant Guidelines/Procedures dated September 2004, <br />in the amount of $101,800 ("Grant") by the Director of the CWCB and the State <br />Engineer on January 19, 2006, after consulting with the Commissioner of Agriculture <br />and the Executive Director of the Department of Natural Resources. The Letter of <br />Approval and Grantee's letter is attached hereto as Appendix 1. <br />NOW THEREFORE, in consideration of the mutual and dependent covenants <br />contained herein, the parties agree as follows: <br />A. Grant of funds. CWCB hereby grants to the Grantee the sum of $101,800 as <br />reimbursement of costs expended by Grantee in connection with the expenditure of <br />Grant Contract No. C150213 <br />Page 1 of 6 <br />