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CWCB Water Project Loan Application <br />Remaining Annual Maturity <br />Lender Name & Address Amount Pavment Date <br />CWRPDA - Denver, CO $1,908,682 $123,942 May 2029 <br />Alpine Bank —1099 Main Ave, Durango, CO $ 474,000 $ 67,580 Nov. 2021 <br />2. Are any of the above liabilities now in default, or been in default at any time in the past? <br />YES NO X_. If YES, please give detailed explanation. <br />3. Please provide a brief narrative description of sources of funding, in addition to the CWCB, <br />which have been explored for this project (Examples would be Banks, USDA Rural <br />Development, NRCS, Colorado Water Resources and Power Development Authority, Colorado <br />Division of Local Government, etc.). <br />USDA Rural Development, <br />4. What collateral will you be offering for this loan? Possibilities include a pledge of revenues, the <br />project itself, real estate, water rights. Pledge of Revenue <br />The above statements are true, to the best of my knowledge: <br />,r• �' <br />y.- <br />Signature of Applicant <br />Printed Name Charles Smith <br />Title General Manager, <br />Date Apri14, 2011 <br />4 <br />