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RECEIVED <br />��� 0 �? 2010 <br />�lor�do Water ConservatiUn Bcar�.< <br />LESTER, SIGMOND, ROONEY & SCHWIESOW� P.C. <br />311 San Juan Ave. • PO Box 1270 • Alamosa, CO 81101 • Phone: 719.589.6626 • Fax: 719.589.5555 • E-mail: attorneys�lsrslaw.com <br />March 3, 2010 <br />Colorado Water Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver, Colorado 80203 <br />Re: Trinchera Irrigation Company Loan Contract C150303 <br />Ladies and Gentlemen: <br />I have acted as attorney for Trinchera Irrigation Company ("Trinchera" or "the <br />"Company") with regard to the documents to be executed and delivered by Trinchera in <br />connection with the consummation of the above-referenced loan. In my capacity as attorney for <br />Trinchera, I am familiar with the instruments and laws relating to the organization of Trinchera, <br />including but not limited to the Articles of Incorporation and Bylaws of Trinchera and I have <br />examined copies of the following documents: <br />1. <br />� <br />3. <br />Loan Contract for C150303 (the "ContracY'). <br />Appendix 1 to the Loan Contract for C150303, Project Summary. <br />Appendix 2 to the Loan Contract for C 150303, Promissory Note. <br />4. Appendix 3A to the Loan Contract for C150303, Resolution of the Shareholders <br />of Trinchera Irrigation Company and the Resolution as executed by the Company. <br />5. Appendix 3B to the Loan Contract for C150303, Resolution of the Sharehold�rs <br />of Trinchera Irrigation Company and the Resolution as executed by the Company. <br />6. Appendix 4 to the Loan Contract for C150303, Security Agreement as executed <br />by the Company. <br />7. <br />Company. <br />8. <br />Company. <br />Appendix 5 to the Loan Contract for C150303, Deed of Trust as executed by the <br />Appendix 6 to the Loan Contract for C150303, Deed of Trust as executed by the <br />