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I. AMENDMENT TO THE PROMISSORY NOTE, APPENDIX A,AMENDMENT NO.1 TO LOAN CONTRACT
<br /> No. CT2015-006 (C150365), in the amount of $3,677,663 and incorporated herein, which
<br /> shall replace and supersede the original PROMISSORY NOTE dated February 7, 2014 in the
<br /> amount of$3,071,663, and attached to the ORIGINAL CONTRACT as APPENDIX 2.
<br /> II. AMENDMENT TO THE SECURITY AGREEMENT, Appendix B AMENDMENT No.1 TO LOAN
<br /> CONTRACT No. CT2015-006 (C150365), in the amount of $3,677,663 and incorporated
<br /> herein, which shall supplement and operate in conjunction with the SECURITY AGREEMENT,
<br /> dated February 7, 2014, in the amount of $3,071,663, and attached to the ORIGINAL
<br /> CONTRACT as APPENDIX 4.
<br /> III. AMENDMENT TO THE DEED OF TRUST, APPENDIX C, AMENDMENT NO.1 TO LOAN CONTRACT
<br /> No.CT2015-006 (C150365), in the amount of $3,677,663 and incorporated herein, which
<br /> shall supplement and operate in conjunction the DEED OF TRUST, dated February 7, 2014, in
<br /> the amount of$3,071,663, and attached to the ORIGINAL CONTRACT as APPENDIX 5.
<br /> IV. The BORROWER has adopted a resolution, irrepealable for the term of this loan, authorizing
<br /> the BORROWER to enter into this contract amendment to borrow the ADDITIONAL LOAN
<br /> AMOUNT, to establish and collect assessments sufficient to pay the annual loan payments,
<br /> to pledge said assessments for repayment of the loan, and to execute documents
<br /> necessary to convey a security interest in said assessments and collateral, if necessary, to
<br /> the CWCB. Said resolution is attached as APPENDIX D.
<br /> V. Prior to the execution of this Amendment by the CWCB, the BORROWER shall submit to
<br /> the CWCB a letter from its attorney stating that it is the attorney's opinion that (1) the
<br /> person(s) signing for the BORROWER was duly elected or appointed and has authority to
<br /> sign such documents on behalf of the BORROWER and to bind the BORROWER; (2) the
<br /> BORROWER'S governing body has validly adopted a resolution approving this Amendment;
<br /> (3) there are no provisions in the any state or local law that prevent this Amendment from
<br /> binding the BORROWER; and (4) this Amendment will be valid and binding against the
<br /> BORROWER if entered into by the CWCB.
<br /> 7) EFFECTIVE DATE OF AMENDMENT
<br /> The effective date hereof is upon approval of the State Controller or their delegate.
<br /> 8) ORDER OF PRECEDENCE
<br /> Except for the Special Provisions, in the event of any conflict, inconsistency, variance, or contradiction
<br /> between the provisions of this AMENDMENT and any of the provisions of the ORIGINAL CONTRACT, the
<br /> provisions of this AMENDMENT shall in all respects supersede, govern, and control. The most recent
<br /> version of the Special Provisions incorporated into the ORIGINAL CONTRACT or any amendment shall
<br /> always control other provisions in the ORIGINAL CONTRACT or any amendments.
<br /> 9) AVAILABLE FUNDS
<br /> Financial obligations of the state payable after the current fiscal year are contingent upon funds for
<br /> that purpose being appropriated, budgeted, or otherwise made available.
<br /> Amendment No. 1
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