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STATE OF COLORADO <br />Colorado Water Conservation Board <br />Water Supply Planning & Finance Section <br />1580 Logan Street, Suite 600 <br />Denver, Colorado 80203 <br />www.cwcb.state.co.us <br />LETTER AGREEMENT <br />December 15, 2010 <br />Bijou Irrigation District <br />Arin: Mike Groves, President <br />229 Prospect Street <br />P.O. Box 972 <br />Fort Morgan, CO 80701 <br />Subject: Extension of Time for Performance in Loan Contract C150259 <br />Dear Mr. Groves: <br />Bill Ritter, Jr. <br />Governor <br />Mike King <br />Executive D'uector <br />Jennifer Gimbel <br />C�b'CB Dirxtar <br />The Time for Performance stated in Appendix 1, Section 11 of the Bijou Irrigation District's <br />Loan Contract is March 28, 2010. Based upon the Company's December 2010 letter requesting <br />additional time to complete the project, the Time for Performance needs to be extended. By <br />signing below, the Bijou Irrigation District and the CWCB acknowledge that the new Time for <br />Performance in Section 11 of Appendix 1 of the Loan Contract shall read: March 31, 2011. <br />Please sign and return this letter to Tim Feehan, Chief, Finance Section, at the address listed <br />above. <br />BIJOU IRRIGATION DISTRICT <br />By %� i�� /l/.,.�-�""^ <br />Mike Groves, President <br />Attest: <br />� <br />By <br />Denice M. agner, Secret ry <br />STATE OF <br />By �✓V � � <br />For the Executive irector <br />Department of N tural Resources <br />Colorado Water�onservation Board <br />Jennifer Gimbe , Director <br />