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IN WITNESS WHEREOF, the parties hereto have executed this Amendment on <br />the day first above written. <br />BORROWER: Grand River Ditch Company <br />Alvin Hansen, President <br />(SEAS_) <br />Airest (Seal) <br />State of Colorado <br />John W. is nloo overnor <br />By <br />For the Executive Director <br />Department of Natural Resources <br />Colorado Water Conservation Board <br />Jennifer L. Gimbel, Director <br />Pr o orm <br />BY <br />Scott Fi ds, Secretary By <br />CWC Co ract Manager <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 and there are no loan funds available until the State Controller, or <br />such assistant as he may delegate, has signed it <br />David J. McDermott, CPA, State Controller <br />By _ <br />Effective Date Z27 -�E/ <br />zz <br />-1— <br />Loan Contract C150311 Amendment No. 1 <br />Page 6 of 6 <br />