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TABLE 1 <br /> TYPES OF COLLATERAL CURRENTLY;USED FOR CWCB LOANS <br /> COLLAIERAL TYPICAL USE EXAMPLES <br /> A security interest in assessments Mutual Ditch and Reservoir companies Windsor Canal <br /> Home Owner's Associations River Oaks POA <br /> (Moderate Liquidity) Non-Profit Corporations Chipperfield Ditch <br /> (Organizations that have a legal right through the law or <br /> Articles of Incorporation to assess shareholders or <br /> membership.) <br /> A security interest in water Enterprise for Cities and Towns Georgetown <br /> revenues Non Profit Water Companies Aristocrat Water <br /> (Organizations that have a legal right through the law or <br /> (Moderate Liquidity) Articles of Incorporation to collect water fees from <br /> customers.) <br /> A Certificate of Deposit in amount Mutual Ditch and Reservoir Companies Bravo Ditch <br /> of one annual payment Towns Town of Lyons <br /> (Used to supplement collateral for Borrowers that may not <br /> • (High Liquidity) otherwise qualify for a loan. An example might be a town <br /> enterprise with few assets.) <br /> Water Rights Any Borrower Aristocrat Water <br /> Water Stock (Used when the purpose of the loan is to purchase water Georgetown <br /> rights,or for Borrowers that need additional collateral to LAWMA <br /> (Moderate Liquidity) qualify,and can offer a security interest in water rights.) Powderhorn Metro <br /> Real estate Any Borrower Hay-Bretherton <br /> Rangely <br /> (Used for Borrowers that need additional collateral to Powderhorn Metro <br /> (Moderate Liquidity) qualify,and can offer real estate.) Appleton ML 350 <br /> The Project itself Any Borrower Starkville <br /> (In the past,this was the primary collateral. Now it is used Ridges Metro <br /> (Low Liquidity) only as supplemental collateral for Borrowers that would Sanchez Ditch <br /> not otherwise qualify.) <br /> Bonds,Notes,or other securities Any Borrower (No Examples) <br /> (Used for Borrowers that can offer this kind of collateral. <br /> (High Liquidity) Other than a Certificate of Deposit,discussed above,there <br /> are no examples of this type collateral being used.) <br /> • <br /> 4 <br />