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THE PARTIES HERETO HAVE EXECUTED THIS CONTRACT <br />BORROWER: Terrace Irrigation <br />Company, a Colorado nonprofit <br />corporation <br />By <br />V' ` " ,Faucet e, President <br />1 (SIB ;'• ` <br />State of Colorado <br />John W. Hickenlooper, Governor <br />By <br />ve <br />Wartmenat a Exc irector atural <br />Resources <br />Colorado Water Conservation Board <br />Jennifer L. Gimbel, Director <br />ohn Riddick, Secretary/Treasurer <br />I / <br />ALL CONTRACTS MUST BE APPROVED BY THE STATE CONTROLLER <br />CRS 24 -30 -202 requires that the State Controller approve all state contracts. This <br />contract is not valid until the State Controller, or such assistant as he may <br />delegate, has signed it. The contractor is not authorized to begin performance <br />until the contract is signed and dated below. If performance begins prior to the <br />date below, the State of Colorado may not be obligated to pay for the goods and/or <br />services provided. <br />David J. McDermott, CPA, State Controller <br />By <br />Effective Date 2. <br />Loan Contract C150332 <br />Page 11 of 11 <br />