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s <br />(4) The Contract will be valid and binding against the Subdistrict if entered into by <br />the Colorado Water Conservation Board. <br />(5) The November 2004 election held by the Subdistrict to obtain voter approval of <br />the loan met all the requirements of the Colorado Constitution, state law and local <br />law. <br />This opinion is for the benefit of the Well Augmentation Subdistrict of the Central <br />Colorado Water Conservancy District and the Colorado Water Conservation Board, and <br />is limited to the matters numbered (1)-(5) above. <br />Sincerely, <br />LIND, LAWRENCE & OTTENHOFF LLP <br />Digihally signed by P. Andrew Jones <br />DN: CN = P. Mdrew Jones, C= US, O= <br />� Lind, Lawrence and On�hoff, LLP <br />Reason: I am the author of this document <br />�' ,; Date: 2005.06.20 17:1723 -06'00' <br />P. Andrew Jones <br />PAJ:mt <br />F:�KIM\CCWCD\WELL AUGMENTATION SUBDISTRICIICWCB LOAN 20051CCWCD OPINION LETTER 050621(2).DOC <br />